HJ
Haylee Johnson
Answers (3)
HJ
Answered
The following standards for variable overhead have been established for a company that makes only one product:
The following data pertain to operations for the last month:
Required: a. What is the variable overhead rate variance for the month?b. What is the variable overhead efficiency variance for the month?
The following data pertain to operations for the last month: Required: a. What is the variable overhead rate variance for the month?b. What is the variable overhead efficiency variance for the month?On May 10, 2024
a.Variable overhead rate variance = (Actual hours × Actual rate) − (Actual hours × Standard rate)= $80,000 − (5,000 hours × $16.05 per hour)= $80,000 − ($80,250)= $250 Favorableb.Standard Hours = Standard hours per unit × Actual output= 3.6 hours per unit × 1,300 units= 4,680 hoursVariable overhead efficiency variance = (Actual hours − Standard hours) × Standard rate= (5,000 hours − 4,680 hours) × $16.05 per hour= (320 hours) × $16.05 per hour = $5,136 Unfavorable
HJ
Answered
Which of the following is the best definition of capital asset pricing model (CAPM) ?
A) Percentage of a portfolio's total value in a particular asset.
B) Group of assets such as stocks and bonds held by an investor.
C) The difference between the return on a risky investment and a risk-free investment
D) Return on a risky asset expected in the future.
E) Equation of the SML showing the relationship between expected return and beta.
A) Percentage of a portfolio's total value in a particular asset.
B) Group of assets such as stocks and bonds held by an investor.
C) The difference between the return on a risky investment and a risk-free investment
D) Return on a risky asset expected in the future.
E) Equation of the SML showing the relationship between expected return and beta.
On May 10, 2024
E
HJ
Answered
________ statutes are state laws that outline how a person's property will be distributed if he or she dies without a will.
A) Testate
B) Testacy
C) Intestacy
D) Will
E) Probate
A) Testate
B) Testacy
C) Intestacy
D) Will
E) Probate
On May 07, 2024
C