The following information relating to a company's overhead costs is available. col1 = actual total variable overhead, actual total fixed overhead, budgeted variable overhead rate per machine hour, budgeted total fixed overhead, budgeted machine hours allowed for actual outputcol2 = $ 73,000, $ 17,000, $ 2.50, $ 15,000, 30,000 based on this information, the total variable overhead variance is: a) $2,000 favorable.
b) $6,000 favorable.
c) $2,000 unfavorable.
d) $6,000 unfavorable.
e) $1,000 favorable.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

What two things do you consider when evaluating the time value of money