FIN.ACCT-TOOLS F/DECI.MAKERS-TEXT+WILEY+
FIN.ACCT-TOOLS F/DECI.MAKERS-TEXT+WILEY+
9th Edition
ISBN: 9781119598312
Author: Kimmel
Publisher: WILEY C
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The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 Actual: Variable factory overhead $202,500 Fixed factory overheard 60,000 What is the amount of the factory overhead volume variance? a. $12,500 favorable b. $10,000 favorable c. $12,500 unfavorable d. $10,000 unfavorable
Please give me true answer this financial accounting question
Using the graph below as a reference, explain why an initial investment of $50,000 leads to a larger future value than investing $1,000 each year for the next 50 years. Also consider when a larger initial investment may not be a viable option, what alternatives are there to grow the value of your investment.
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