Answer:
Variable manufacturing overhead rate variance= $664 favorable
Explanation:
Giving the following information:
Variable overhead 0.2 hours $ 5.10 per hour
The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.
<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>
Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
Actual rate= 7,802/1,660= $4.7
Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660
Variable manufacturing overhead rate variance= $664 favorable
The aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.
<h3>What does it mean to go public?</h3>
When it is said that a company has gone public, what this would mean is that the company has been able to undertake the initial public offering that it has and it has sold its shares to the public so that it can raise more capital.
Hence we cans ay that the aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.
Read more on going public here: brainly.com/question/4888786
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Answer: C. the firm can acquire other firms with innovative products instead of allocating capital to research and development
Explanation:
Unrelated Diversification is regarded as a diversification which takes place when a company adds an unrelated product to its business. For example, when an television manufacturer enters into a clothing business.
A firm practicing unrelated diversification can make better capital allocations to its subsidiary businesses than the external capital market can for all the following reasons except when the firm can acquire other firms with innovative products instead of allocating capital to research and development.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
The dinner-dance committee has assembled the following expected costs for the event:
Dinner (per person) $ 18
Favors and program (per person) $ 2
Band $ 2,800
Rental of ballroom $ 900
Professional entertainment during intermission $ 1,000
Tickets and advertising $ 1,300
The committee members would like to charge $35 per person.
1) Break-even point= fixed costs/ contribution margin
Break-evenn point= (Band+rental+professional entertainment+tickets)/[price - (dinner+favors)]
Break-even point= 6000/(35-20)= 400 individuals
2) Q= 300 P=?
300=6000/(P-20)
300*(P-20)= 6000
300P=12000
P=$40
