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On the Line in Front of Each Variance,enter the Letters

question 186

Short Answer

On the line in front of each variance,enter the letters of the items needed to compute that variance.You will enter more than one item on each line. A Standard overhead allocated to production
B)Flexible budget overhead for actual number of outputs
C)Actual variable overhead cost
D)Fixed overhead costs
______ Overhead flexible budget variance
______ Production volume variance


Definitions:

Inflation Rate

A measure of the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, often used in the calculation of investment and financing decisions.

PE Ratios

Price-to-Earnings Ratio, a valuation metric for stocks calculated by dividing the market price per share by the earnings per share.

Plowback Ratios

The proportion of earnings retained within a business as retained earnings, rather than being paid out as dividends to investors.

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