Variable overhead rate variance.
What is variable overhead rate variance?The difference between the actual variable manufacturing overhead and the variable overhead that was anticipated given the number of hours worked is the variable overhead rate variance, sometimes referred to as the spending variation.What is an actual variable overhead cost?Spending on Variable Overhead Variance is the difference between the actual cost of variable production overheads and the expected cost given the amount of activity over a certain time period. Typically, the standard variable overhead rate is represented in terms of labor or machine hours.What is budgeted variable overhead?It is the relationship between the budgeted expenses as determined by a company's cost accountants and the actual costs. Variable overheads are the names given to the budgeted costs. Basically, variable overhead spending variation is the portion of a company's operating expenses that varies in response to changes in operational activity.Therefore, the correct answer is variable overhead rate variance.
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Many advertisers have been required to pay damages to individuals when pictures of them have been used without authorization to promote products. In such situations, which of the following torts has been committed by the advertisers? Group of answer choices invasion of privacy defamation malicious prosecution battery assault
Invasion of privacy has been committed by the advertisers.
Which of the following is an example of torts against persons?When someone willfully behaves in a way that causes harm to another person, this is known as an intentional tort. Assault, violence, trespass, and false imprisonment are a few frequent instances of intentional torts.What is a tort example?Intentional torts include, for instance In terms of tort law, assault refers to when someone threatens or tries to hurt someone else without actually touching them. The distinction between assault and battery is as follows, and is further explained A person can be attacked without being touched.Learn more about torts here:
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Renita, a merchant, has received a signed, written confirmation from Merchants, Inc. referring to goods she had not ordered. Renita should a. return the goods within two weeks of their delivery with a note attached saying she will not pay for the goods. b. ignore the confirmation. c. call the seller and object to the confirmation as soon as she gets back from her two-week vacation. d. object to the confirmation in writing within 10 days.
Renita, a merchant, has received a signed, written confirmation from Merchants, Inc. referring to goods she had not ordered. Renita should object to the confirmation in writing within 10 days.
Which of the following can be a writing sufficient to satisfy the Statute of Frauds?Yes, if a memorandum demonstrates an oral agreement between the parties and is signed by the defendant, it satisfies the statute of frauds.The defendant has signed the memorandum, which states the agreement's subject matter and key provisions with reasonable confidence.Which of the following leases must be in writing to satisfy the Statute of Frauds?Any lease that won't expire in the first year after it begins must be in writing. In other words, longer-term leases must abide under the statute of frauds. You don't need a signed lease if the term is one day or less than a year (though you should get one anyway).Which of the following contracts are required to be in writing under the Statute of Frauds?The following types of contracts must typically be written down in order to be legally binding under American law. any vows made, including presents like an engagement ring, that are related to the marriage.Contracts that take longer than a year to fulfill. contracts for buying and selling land.Learn more about Statute of Frauds here:
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Selective distortion is a process by which: a.consumers interpret information in ways that are biased by their previously held beliefs. b.consumers readily recognize a stimuli by its characteristics and identify it as belonging to a specific category. c.consumers give humanlike characteristics to inanimate objects. d.a stimulus does not share enough in common with existing categories to allow categorization. e.a stimulus shares some but not all of the characteristics that would lead it to fit neatly in an existing category.
Option A. It is a process by which consumers interpret information in ways that are biased by their previously held beliefs.
What is selective distortion?This is the term that is used to refer to the way people reason using their subconscious mind.
This type of reasoning happens as a person would try to make new information to fit with the old reasoning they have.
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You learnedthat changes in demand are caused by non-price determinants of demand that can be remembered by the acronym TRIBE. You learned
that changes in supply are caused by non-price determinants of supply that can be remembered by the acronym ROTTEN. List 5 non-price
determinants of either demand or supply that cause changes in the market. To receive credit, you have to indicate whether the non-price determinant
you listed affects demand or supply.
Some non-price determinants that cause changes in the market are:
Income.Future price expectations.Price of substitute goods.Price of complementary goods.Changes in tastes and preferences.What is a Non-Price Determinant?This refers to the factors that are not related to the price that causes a change in the need for a product which shifts the demand curve.
Hence, we can see that these non-price determinants are important as they have an effect on the demand of a good such as availability of a substitute good, its price, etc.
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What is the approximate market value of a bond that pays $60 interest each year if comparable interest rates have dropped to 5 percent
The approximate market value of such a bond based on the interest pay year and the drop in comparable interest rates is $1,200.
How can the bond's market value be found?The value of the bond can be found as:
= Interest payment per year / Decrease in interest rates
Solving gives:
= 60 / 0.05
= $1,200
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_______ provides a live notification when its customers are close to physical stores that sell its products. The company then uses Foursquare to send them coupons and discount information.
PepsiCo sends out real-time notifications to customers when they are near physical locations that sell its products. The firm then sends consumers discounts and discount information via Foursquare.
It exemplifies Social Commerce. Social Commerce is a subset of ecommerce that uses social media and customer interactions to support online transactions.
Social commerce is an ecommerce sub-segment in which merchants sell things directly through social networking platforms, allowing potential customers to engage with brands, explore goods, and make purchases. In contrast to social media marketing, social commerce allows clients to check out straight from social networks.
Therefore, the answer is PepsiCo.
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When you get hired for a well-paying job, you will most likely view older used cars as complementary goods. normal goods. substitute goods. inferior goods.
When you get hired for a well-paying job, you will most likely view older used cars as inferior goods.
What are inferior goods?As consumer income rises, customer demand declines for a class of inferior goods. Low-cost alternatives to "normal products," or necessities like food and household supplies, are frequently found in inferior goods. For instance, when someone's wage is cut, they might buy cheaper, poorer things than they would otherwise. When their earnings increases again, they're more likely to buy regular things rather than cheap ones.
The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.
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What is an independent agency? Group of answer choices an executive branch organization that is part of a cabinet an executive branch organization that is very much like a government corporation an executive branch organization that is established by Congress an executive branch organization that has broad powers to provide a public service that is either too expensive or too important to be left to private companies both c and d
C) An executive branch organization that is established by Congress.
An independent agency is what?Federal executive departments (those led by a Cabinet secretary) and the Executive Office of the President do not constitute independent entities of the United States government. In a more specific sense, the term only refers to those independent agencies that, despite being regarded as members of the executive branch, have the power to regulate or make rules and are exempt from presidential control, typically because of the president's ability to fire the agency's head or a member is constrained.
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Mail order selling, catalog sales, and telemarketing are all examples of: Group of answer choices indirect marketing personal selling direct marketing impersonal marketing channel bypass marketing
The correct option is channel bypass marketing.
Mail order selling, catalog sales, and telemarketing are all examples of channel bypass marketing.
Working with a third party to sell your goods or services is known as channel marketing. Compared to more conventional growth methods, it is a quicker and more productive strategy that can be beneficial to organizations of all sizes and in a variety of industries.
When channel partners are forced to compete with one another or the internal sales team of a vendor, this is known as channel conflict. The indirect sales division of a vendor consists of channel partners, such as value-added resellers and IT services providers.
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You are really keen on stocks. However, you do not like stocks with regard to ________. This means that if a company you have invested in goes bankrupt, the creditors are paid first and you will be out of luck. Question 15 options: claim on income claims on dividends voting rights claims on assets limited liability
You are really keen on stocks. However, you do not like stocks with regard to claims on assets.
What is Bankruptcy?A person or business may file for bankruptcy if they are unable to pay their debts or other commitments.A petition is filed, either on behalf of the debtor, which is more often, or on behalf of creditors, which is less frequent, to start the bankruptcy process.All of the debtor's assets have been measured and assessed, and some or all of the debt may be repaid with the help of the assets.Although declaring bankruptcy can provide you a fresh start, it will remain on your credit reports for a while and make it more challenging for you to obtain money in the future.What are Stocks?A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges.Government standards designed to shield investors from dishonest tactics must be followed during stock trades.What is Investment?A purchase made with the intention of creating income or capital growth is known as an investment.An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.An investment always entails the expenditure of some capital—time, effort, money, or an asset—today with the expectation of a future return higher than the initial investment.Know more about Bankruptcy https://brainly.com/question/15277574
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If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is.
If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is a substitute good .
Consumer services include compounding and molding of most consumer products such as foods, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair care products, household cleaners, paints, plastics, metals, waxes, coatings, minerals, and ceramics. Related to technical advice and testing. , Building materials and water, indoor air quality testing, non-medical forensic testing, and damage analysis.
Includes services in various disciplines such as biology, chemistry, physics, engineering, and web-based services.
The web has moved from information-centric to service-centric. All of the physical services you can think of today include web-enabled B2B, B2C, and C2C businesses, including retail, supply chain, customer care, banking, and auctions. Online bookings, online consultations, and online bill payments are now orders for web-based consumer services .
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Suppose country A and country B are trading partners. The imposition of tariffs by country A on goods from country B may not be a sound economic idea because it would likely lead to ______.
If country A imposes tariffs on goods from country B, it could lead country B to retaliate against country A.
What happens when countries impose tariffs?When a nation imposes tariffs on another nation, it makes goods from that other country more expensive and will therefore limit trade.
The other country might then reply by placing tariffs on the goods of the first country as country B might do here.
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Your home and property have a market value of $240,000. To meet the coinsurance provision, you would need at least ________ of insurance. Question 13 options: $144,000 $168,000 $192,000 $216,000 None of these
Your home and property have a market value of $240,000. To meet the coinsurance provision, you would need at least $192,000 of insurance.
A property insurance clause that reduces the insured's ability to recover losses if the limit of insurance obtained by the insured is less than or equal to a certain percentage (often 80%) of the value of the insured property.
When a property owner fails to keep insurance coverage equal to at least 80% of the replacement cost of the home, the coinsurance formula is used. A property owner effectively agrees to retain some of the risk if they purchase insurance for less than the minimum amount needed by the coinsurance provision.
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if demand increases while supply remains unchanged the equilibrium price of the product will and the equilibrium quantity will
An increase in demand while the supply remains unchanged causes equilibrium price and quantity to increase.
If demand increases and supply does not change, shortages will occur and equilibrium prices will rise. If demand falls and supply does not change, there will be a surplus, and equilibrium prices will fall. If demand does not change and supply increases, the surplus will occur and the equilibrium price will fall.
An increase in demand and a decrease in supply will increase the equilibrium price, but the impact on the equilibrium amount cannot be determined. 1.1. For each quantity, consumers will appreciate the goods and producers will have to have higher prices to supply the goods. Therefore, the price will go up.
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Junji is the sales manager for a firm located in a northwest province of China. His product is clearly the market leader in that province. Junji suggests that his firm implement a regionwide price reduction of all its product lines to discourage new firms from entering his lucrative market. Which company objective is being promoted
Competitor orientation company objective is being promoted.
What does competitive orientation mean?The amount of effort one puts into competing may be influenced by their competitive orientation, which is described as the urge to strive for success in competitions.What is competition oriented?A pricing strategy in which factors such as consumer demand and manufacturing costs are less important than the price of a comparable product supplied by a strong competitor; also known as competition-based pricing.What is competitor oriented marketing?Market-oriented pricing, sometimes referred to as competition-oriented pricing, refers to setting your product or service prices based on those of your competitors rather than taking consumer demand and your own costs into account.Additionally, this pricing strategy entails studying and researching your target market.Learn more about competition oriented here:
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When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in ____ when deciding whether or not to purchase this new product. Group of answer choices situational decision making automatic processing behavior limited decision making
When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in "limited decision making" when deciding whether or not to purchase this new product.
What is limited decision making?When buying things that need a reasonable amount of time and effort to compare models and brands before making a decision, consumers use limited decision-making.
Some features of limited decision making are-
When you require knowledge on an unexpected brand inside a well-known product area, perhaps. takes some time to obtain the necessary information. Examples include clothing, when the brand is unknown but the product class is known.The three categories of decisions-making are-
Organisational direction is determined by strategic decisions. Decisions made at the tactical level affect how tasks will be completed.Last but not least, operational decisions are those that staff members take on a daily basis to manage the company.To know more about use of limited decision making while purchasing, here
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When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the ___________ to notify the insurance company.
When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.
What is insurance?An effective way to guard against financial loss is insurance.It is a method of risk management that is primarily employed to protect against the risk of a potential loss. An organization that offers insurance is referred to as an underwriter, insurer, insurance business, or insurance carrier.What is an insurance company?A firm whose primary and dominating commercial activity throughout the tax year is the issuance of insurance or annuity contracts or the reinsuring of risks underwritten by insurance companies is referred to as an insurance company.Therefore, When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.
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Can someone Plss help with this I’m not sure if that the right answer
Based on the fact that you gave up the beach to study for the economics final, the opportunity cost is d. the sun and fun you gave up by studying.
What is the opportunity cost of studying?The opportunity cost is what we give up in order to pursue our current course of action.
You gave up going to the beach and having fun in the sun so this is the opportunity cost of studying for economics.
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The journal entry for the issuance of an interest-bearing note for the purpose of borrowing funds for the business is
The journal entry for the issuance of an interest-bearing note for the purpose of borrowing funds for the business is Debit cash.
What is Debit Cash?When a person uses debit cash, money is automatically taken out of their checking account. These cards, which are sometimes known as "check cards" or "bank cards," can be used to make purchases of products or services, withdraw cash from an automated teller machine, or make additional purchases at merchants who will accept them.You might not be able to make a very large purchase using debit cash because they typically have daily spending limits.A personal identification number is typically not required to use a debit card (PIN).
Hence, Debit cash is the journal entry for issuing an interest-bearing note for the purpose of borrowing money for the company.
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Marshall suggested that the cause of a downward-sloping long-run supply curve is a. The absence of fixed cost in the long run. B. The increased number of firms in the industry. C. Reduced input prices. D. Reduced output prices.
Marshall suggested that the cause of a downward-sloping long-run supply curve is A) The absence of fixed cost in the long run.
A fixed fee has a bent to increase the marginal cost curve in the quick run however due to the reality that the constant cost isn't feasible ultimately, the marginal charge declines and so the prolonged-run supply curve is falling ultimately.
In a decreasing fee enterprise, the prolonged-run deliver curve is downward sloping due to the reality that as output will grow and new businesses input, production expenses decline. The computer company is an example of a downward sloping transport curve, considering the truth that because the style of computer systems produced multiplied, the charge of inputs, together with chips, declined.
The lengthy-run deliver curve for an employer in which production charges boom as output rises (a developing-value industry) is upward sloping. The long-run deliver curve for a business enterprise in which manufacturing fees decrease as output rises (a decreasing-price business company) is downward sloping.
The lengthy-run shipping is the shipping of goods available at the same time as all inputs are variable. The lengthy-run delivery curve is continuously extra elastic than the fast-run shipping curve. The lengthy-run common fee curve envelopes the short-run commonplace rate curves in the u-customary curve.
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Broadbanding eliminates layers in pay grades requiring organizations to find other ways to reward employees. Group startsTrue or False
Broad banding eliminates layers in pay grades requiring organizations to find other ways to reward employees. False
A technique called "broad banding" replaces a large number of small wage ranges with a smaller number of larger compensation ranges when evaluating and building a job grading structure. Establishing what is necessary to pay for a certain position with help from broad banding.Payroll departments employ broadband for human resource management. When deciding how much to pay specific roles and the incumbents in those positions, a job grading structure known as "broadcasting" lies somewhere between using spot salaries and several job grades. Broad banding does provide some broad job classifications to the business that uses it, but it does not have as many discrete job grades as do traditional compensation systems.Thus this is the answer.
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Funding for superfund toxic waste sites ________. Group of answer choices has become the responsibility of taxpayers since 2004 has been eased because the costs of cleanup have diminished is currently paid by polluting industries is no longer necessary because by 2010 all sites had been cleaned and restored is a portion of the EPA's budget
Funding for superfund toxic waste sites has become the responsibility of taxpayers since 2004.
What are the benefits of reducing the amount of waste we generate?We preserve resources, create less pollution, and lower disposal and recycling costs.Which of the following represents the largest source of unregulated hazardous waste?The largest source of hazardous trash that is not regulated in the US is household waste. Oils, solvents, cleaning agents, insecticides, and paint are some of these wastes.What is source reduction in waste management?The most environmentally friendly tactic is source reduction, which is sometimes referred to as waste prevention. Source reduction involves minimizing trash at its origin. Reusing or giving items, purchasing in bulk, decreasing packaging, rethinking products, and lowering toxicity are just a few examples of the many diverse shapes it can take.Why was the Superfund created?The federal Superfund program was established in December 1980 in response to the grave dangers that toxic waste dumps like the infamous Love Canal landfill in Niagara Falls, New York, posed to the entire nation.Learn more about toxic waste here:
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. _________________ results when an economy experiences high unemployment and high inflation at the same time
high prices of goods and the change of currency
Explanation:
the the government loses a huge amount of money the currency demands a high exchanging rate
You are managing a digital marketing campaign with the following characteristics: 30 day duration; $18,000 cost; 580,000 impressions; 40,000 clicks; $92,000 in sales revenues. Rounding to the nearest cent, what is the CPC for this campaign? Group of answer choices $2.30 $0.45 $2.22 $0.42 .03
The CPC for this campaign will be $2.22.
CPCCost-per-click (CPC) bidding means that you pay for each click on your ads. For CPC bidding campaigns, you set a maximum cost-per-click bid - or simply "max. CPC" - that's the highest amount that you're willing to pay for a click on your ad (unless you're setting bid adjustments, or using Enhanced CPC).
CPC) is calculated by dividing the total cost of your clicks by the total number of clicks. Your average CPC is based on your actual cost-per-click (actual CPC), which is the actual amount you're charged for a click on your ad. Note that your average CPC might be different than your maximum cost-per-click .
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When a bank was being robbed, the bank tellers and customers were told to get down on the floor, where they were held at gunpoint. Because it was such a frightening experience, they are likely to have experienced a rapidly occurring chain of internal physical reactions called:
The internal physical reactions that the customers and bank tellers would have experienced is called the a. fight-or-flight response.
What is the fight-or-flight response?This is a response that humans get when faced with a stressful situation that involves them being afraid.
The body goes through a chain reaction of internal physical reactions to get ready for the person either fighting, or running away.
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The ___________ is the organization primarily responsible for establishing governmental auditing standards. GASB PCAOB AICPA GAO FASAB
The GASB (Governmental Accounting Standards Board) is the organization primarily responsible for establishing governmental auditing standards.
Governmental Accounting Standards BoardThe Governmental Accounting Standards Board (GASB), founded in 1984, is an independent, private-sector organization based in Norwalk, Connecticut, that develops accounting and financial reporting standards for state and local governments in the United States that adhere to Generally Accepted Accounting Principles (GAAP).The GASB is in charge of GAAP. The aim of the board is to promote financial reporting that is clear, uniform, transparent, and comparable.While publicly traded firms must follow FASB accounting rules, state and local governments are not compelled to adopt GASB accounting standards.The GASB is primarily funded by accounting support fees paid by municipal bond brokers and dealers.To learn more about Governmental Accounting Standards Board refer to:
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_____ refers to the granting of permission by one party to another party to use intellectual property rights, such as trademarks, patents, brand names, or technology, to a foreign company under defined conditions along with providing a bundle of services and products.
The optimal solution for the given statement is a license agreement.
A licensing agreement is a contract in which the licensor grants the licensee rights to use the licensor's intellectual property. Mostly to utilize any brand name, trademark, patented technology, or capacity to create and market products that the licensor owns.
Licensing agreements enable firms to exercise control over real estate and break into new markets without having to fork out cash. The potential of losing a firm's reputation and forming a partnership with the incorrect company are drawbacks of these transactions.
Therefore the blank is to be filled by licensing agreement.
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If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, what will the average total cost be when 10,000 units are produced
If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, $2.00 will the average total cost be when 10,000 units are produced.
The cost per unit produced in a production run is called the average cost. It stands for the typical sum of money spent on a product's production. Depending on how many units are made, this amount may change.
The term "average cost" refers to the production cost per unit, which is determined by dividing the overall production cost by the overall number of units produced. In other words, it calculates how much money is required for each unit of production produced by the company.
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sugar Skull Corporation uses no debt. The weighted average cost of capital is 8.5 percent. The current market value of the equity is $43 million and the corporate tax rate is 21 percent. What is the EBIT
The value of EBIT in the given question is $399,647,060.
Given, that the weighted average cost of capital = 8.5 percent
Corporate tax rate = 21 percent
The current market value of the equity = $43 million
Using the formula for determining the value of the unlevered firm which is,
Value of unlevered firm = {EBIT(1-t)}/[tex]k_{e}[/tex] (equation 1)
( where, t = corporate tax rate
[tex]k_{e}[/tex] = weighted average cost of capital )
Now, Substituting the value of corporate tax rate, the value of unlevered firm, and the weighted average cost of capital in equation 1.
$43 million = EBIT {(1-0.21)/0.085} (Since, corporate tax rate and weighted average cost of capital are in percentage to convert them into values we divide them by 100 )
43,000,000 = EBIT * 0.79/0.085
EBIT = 43,000,000 * 0.085/0.79
= 43,000,000 * 9.29411
= 39,96,47,058.8235
= $399,647,060 ( after rounding off to the nearest tens)
Hence, the value of EBIT in the given question is $399,647,060
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Consumer Blank______ is the tendency to believe that it is inappropriate or even immoral to purchase foreign-made products. Multiple choice question. protectionism valuation enculturation ethnocentrism
Consumer ethnocentrism is the tendency to believe that it is inappropriate or even immoral to purchase foreign-made products.
Consumer ethnocentrism, a significant problem in global marketing, is the inclination of consumers to choose local brands over those from abroad.
Consumer ethnocentrism may be significant in the global market given the increasing internationalization of services. Customers who identify as ethnocentric are hesitant to use services offered by foreign businesses because they feel a feeling of allegiance to their native nation.
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