FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company ABC was expecting a result of Php 1,000,000 gross income for a year for their diversification strategy. Now, during the 1st quarter that they

image text in transcribed
Company ABC was expecting a result of Php 1,000,000 gross income for a year for their diversification strategy. Now, during the 1st quarter that they started to implement the strategy, the company only got Php 250,000 gross income. On this situation, how much is their variance for this criteria? Select one: O a. Php -750,000 O b. Php 200,000 O c. Php 0 O d. Php 50,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Calculus Early Transcendentals

Authors: Michael Sullivan, Kathleen Miranda

7th Edition

1464144397, 9781464144394

More Books

Students also viewed these Mathematics questions

Question

★★★★★
How many molecules are present in 2.509 mol of H2S?

Answered: 1 week ago

Question

★★★★★
And does the presence of a single viewpoint mean that it lacks rationality?

Answered: 1 week ago

Question

★★★★★
2. Dont evaluate the students character or personality praise the action, not the person.

Answered: 1 week ago

Question

★★★★★
The investment committee of Grid Iron Restaurants Inc. is evaluating two restaurant sites. The sites have different useful lives, but each requires an investment of $565,000. The estimated net cash...

Answered: 1 week ago

Question

★★★★★
Sales and Production Budgets Archer Company produces two products: the custom and the basic. The custom sells for $30, and the basic sells for $8. Projected sales of the two models for the coming...

Answered: 1 week ago

Question

★★★★★
On January 1, 2021, Weaver Corporation purchased a patent for $225,000. The remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. In January...

Answered: 1 week ago

Question

★★★★★
1 2 Chang Corporation sells products for $120 each that have variable costs of $80 per unit. Chang's 3 annual fixed cost is $720,000. $120 $80 $720,000 4 Required Use the per-unit contribution margin...

Answered: 1 week ago

Question

★★★★★
9. Effects of portfolio size on portfolio risk The following graph plots portfolio risk against the size of the portfolio as measured by the number of stocks in the portfolio. (Hint: Hover the mouse...

Answered: 1 week ago

Question

★★★★★
MGT-445: Ethical & Legal Business Concepts In your Bible, read: 2 Corinthians 8:7 Colossians 3:23-24 Navigate to the threaded discussion and use clear, critical thinking to discuss the following: How...

Answered: 1 week ago

Question

★★★★★
While the operational experience of basic branch service members is critical to moving the work of CDIDs forward, the process expertise provided by __________ is critical. A. Joint Staff and General...

Answered: 1 week ago

Question

★★★★★
In independent random samples of 15 men and 15 women, the numbers of minutes spent in front of an electronic device are given by the back-to-back stemplot below: Men Women H 12 35 8 13 4 14 15 2367...

Answered: 1 week ago

Question

★★★★★
5.51 Given an arrival process with l = 8.0, what is the probability that an arrival occurs in the first t = 7 time units?

Answered: 1 week ago

Question

★★★★★
5.46 A random sample of 100 blue-collar employees at a large corporation are surveyed to assess their attitudes toward a proposed new work schedule. If 60% of all blue-collar employees at this...

Answered: 1 week ago

Question

★★★★★
5.57 It is known that for a laboratory computing system the number of system failures during a month has a Poisson distribution with a mean of 0.8. The system has just failed. Find the probability...

Answered: 1 week ago

Previous Question Next Question