Answer:
The total overhead variance in hours taken is 3,600 hours
The total overhead cost variance is $1,110
Explanation:
The variance is about the different between budget/ standard and actual figures.
Standard hours allowed for the work done is 22,200 hours; and the predetermined overhead rate is $5.75 per direct labor hour. So total cost budgeted for work done is $127,650 = $5.57 x 22,200 hours
The total overhead variance in hours taken = standard hours of 22,200 - actual direct labor hours of 18,600 = 3,600 hours
The total overhead cost variance = standard cost - actual cost = $127,650 - $126,540 = $1,110
If you are alone in heavy expressway traffic at rush hour, use the middle lane to avoid vehicles constantly entering and exiting your path. If the lanes are three wide, using the middle lane allows you to move easily in either direction. If the road only has two lanes, it’s best to be in the left lane to avoid in coming traffic.
Answer: best case Nvp $2,943,304,509.57
Worse case NVP
-$2, 601,609,39
Answer:
the essential terms of the contract.
Explanation:
Generally contracts that involve large transactions like selling a company must be made in writing and must be signed by all the parties. In this case, the sort of wrote a summary of the basic terms of the sale on the back of an invoice, and at least they signed it. As it is, the contract might not be enforceable because it probably lacks a lot of important details, since the amount of space used to write it down was very small specially considering that most of the space was used for the signatures.
So in order to prevent any future problems, and to comply with the statute of frauds, they should make a written memorandum that includes the essential and important terms of the contract, which must be signed also. They could also write down a proper sales contract since they are signing it again.
The statute of frauds establishes that certain contracts must be done in writing, and since this contract probably involves a significant amount of money, it probably falls under it.
Answer: b. 7.59%
Explanation:
Using the Gordon growth model;
Price of stock = (Current dividend * (1 + growth rate))/(Cost of capital - growth rate)
87 = (3 * 1.04) / (c - 0.04)
87 * (c - 0.04) = 3 * 1.04
c - 0.04 = 3.12/87
c = 0.035862 + 0.04
c = 0.075862
c = 7.59%
