Underfoot Products uses standard costing. The following information about overhead was generated during May: Standard variable overhead rate$2 per machine hour Standard fixed overhead rate$1 per machine hour Actual variable overhead costs$390,000 Actual fixed overhead costs$175,000 Budgeted fixed overhead costs$190,000 Standard machine hours per unit produced10 Good units produced18,000 Actual machine hours200,000 Using the above information provided for Underfoot Products, compute the total variable overhead variance.

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

What does the phrase limited liability mean in a corporate context?

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan