Answer:
b. High labor productivity
Explanation:
High labor productivity is a good example of a manufacturing related key success factor because it reduces wages expenses. The reduction of wages and overall efficiency in production result into increase in the profitability of the firm. It also gives the firm a good competitive advantage over others in the market.
Classify each of the ofllowing as either a policy instrument or an intermediate target, and explain why?
a. The ten-year Treasury bond rate
b. The monetary base
c. Ml
d. The fed funds rate
Answer: The answers are given below
Explanation:
An intermediate target is a variable this isn't controlled directly under the central bank, but one that has a quick response to policy actions. e.g money supply.
A policy instrument is a tool used to manipulate a variable in the economy and achieve a desired objective. e.g. tax rates, interest rates, subsidies etc.
a. The ten-year Treasury bond rate
It is an intermediate target because isn't controlled directly under the central bank but can be linked to an activity in the economy.
b. The monetary base
This is a policy instrument because used to manipulate a variable in the economy and achieve a desired objective.
c. Ml
This is an intermediate target as it cannot be affected directly by the Federal tools.
d. The fed funds rate
This is a policy instrument as it can be affected directly by Fed tools.
An estimate of an asset's value to the company, calculated by discounting the future cash flows from the investment at the project's required rate of return and then subtracting the initial amount of the investment, is known as:
Answer: Net present value
Explanation:
The net present value are series of cash flows made by an economic agent that occurs at different times and it is based on the discount rate as it denotes time value of money.
It is the estimate of an asset's value to the company, calculated by discounting the future cash flows from the investment at the project's required rate of return and then subtracting the initial amount of the investment.
Let's assume that you're starting a new fishing business (not Cod as they are fished out in New England). Discuss the potential customers for this product/service. Remember you could be doing this anywhere in the world. 2. Based on the nature of the product/service, recommend at least 3 possible social media to use in marketing the product/service. Describe your recommendations and discuss the advantages and disadvantages of each. 3. How would you ensure long-term sustainability in your new endeavor
Explanation:
1. The fishing business is a striving business anywhere in the world as many people depend on fish for its various uses. The potential customers for this product/service include;
individuals who purchase for foodpharmaceutical corporations: fish oil are known for their medicinal value are used as ingredients in certain drugs.2. Based on the nature of the product/service, the 3 possible social media to use in marketing the product/service:
video platforms (not named because of Brainly's guidelines)PROs> This allows for more engaging ads, where you actually track key performance metrics of those who showed interest in video ads.
CONS> It usually comes at a higher cost
chat platformsPROs> It allows easy feedback
CONs> It doesn't allow key performance metrics to tracked effectively.
influencer platforms.3. To ensure long-term sustainability in our new endeavor emphasis would be placed on reducing operating cost structure.
1. The fishing industry is thriving all around the world, as many people rely on fish for a variety of purposes.
Customers that could be interested in this product or service include:Individuals who buy for food pharmaceutical companies: fish oil is utilized as a component in several medications because of its therapeutic potential.2. The three probable social media to employ in marketing the services or products, depending on the nature of the good or service:
Platforms for video.PROS ; This enables you to create more engaging advertising by tracking important performance data of individuals who have shown interest in video ads.
CONS ; It is typically more expensive.
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Pepper Company reports a $120,000 increase in inventory and a $40,000 increase in accounts payable during the year. Cost of Goods Sold for the year was $1,200,000. The cash payments made to suppliers were:
Answer:
The cash payments made to suppliers were $1,280,000
Explanation:
Cash Payment made to the supplier can be calculated using the following formula
Cash Payment made to suppliers = Cost of Goods Sold + Increase in Inventory - Increase in account payable
By Placing values in the formula
Cash Payment made to suppliers = $1,200,000 + $120,000 - $40,000
ash Payment made to suppliers = $1,280,000
Although debt financing is usually the cheapest component of capital, it cannot be used in excess because
Answer:
C. the financial risk of the firm may increase and thus drive up the cost of all sources of financing.
Explanation:
As we know that debt financing is the cheapest source of capital but it could not be used in excess as it rises the financial risk in terms of high interest payments made to the debt holders
Also at the time of recession, the firm is not able to earn properly so it would be very difficult to make the fixed payments i.e. interest and principal payments
Also the weighted average cost of capital also rises in the case when there is an excess of debt financing
Hence, the option c is correct
Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to ending inventory using LIFO.
Date Activities Units Acquired at Cost Units Sold at Retail
May 1 Beginning Inventory 150 units at $10.00
5 Purchase 220 units at $12.00
10 Sales 140 units at $20.00
15 Purchase 100 units at $13.00
24 Sales 90 units at $21.0
Answer:
Value of closing inventory =$1290
Explanation:
Under the LIFO inventory system units of inventory are priced using the price of the most recent batch purchased and this continues in turn.
The value of closing inventory = Total cost of inventory available for sales - cost of goods sold
The cost of inventory sold would be determined as follows:
140 units :140 × $12=1,680
90 units : 90× $13 = 1,170
Total cost of goods = 1,680 + 1,170 = 2,850
Total cost of inventory available for sales would be equal to :
(150 × $10.00) + (220 ×$12.00) = 4,140
The value of closing inventory = Total cost of inventory available for sales - cost of goods sold
4,140 - 2,850 = $1290
Value of closing inventory =$1290
Suppose you bought a bond with an annual coupon rate of 4.6 percent one year ago for $930. The bond sells for $955 today.
a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year?
b. What was your total nominal rate of return on this investment over the past year?
Answer:
a. $71
b. 7.63%
Explanation:
a) The total dollar return is = Increase in Price + the coupon payment
Total dollar return = $955 – 930 + 46
Total dollar return = $71
b) The total percentage return of the bond is = Total dollar return / Previous Bond Price
R = [($955 – 930) + 46] / $930
R = 0.0763
R = 7.63%
Mercer, Inc. provides the following data for 2019: Net Sales Revenue Cost of Goods Sold The gross profit as a percentage of net sales is ________. (Round your answer to two decimal places.)
The question is incomplete as it is missing the figures. The complete question is,
Mercer, Inc. provides the following data for 2019:
Net Sales Revenue 598000
Cost of Goods Sold 350000
The gross profit as a percentage of net sales is ________. (Round your answer to two decimal places.)
Answer:
Gross profit as a percentage of net sales = 0.4147 or 41.47%
Explanation:
The gross profit is a profit earned by a business through its trading activity. It is calculated by deducting the cost of goods sold from the net sales revenue and it is the profit earned by a business before deducting any operating and non operating expenses of the business.
Gross profit = Net Sales - Cost of goods sold
Gross Profit = 598000 - 350000 = $248000
The gross profit as a percentage of net sales is,
Gross profit as a percentage of net sales = Gross profit / Net Sales
Gross profit as a percentage of net sales = 248000 / 598000
Gross profit as a percentage of net sales = 0.4147 or 41.47%
Mia has an outside basis of $50,000 in the Brimstone Partnership, including her share of liabilities of $25,000. In a liquidating distribution, she receives cash of $10,000 and inventory worth $8,000 (inside basis to Brimstone of $20,000). What is Mia's recognized gain or loss on the liquidation and basis in the property received
Answer:
$0 gain or loss
Cash basis $10,000
Inventory $15,000
Explanation:
Calculation for Mia’s recognized gain or loss on the liquidation and basis in the property received
First step is for us to calculate for the outside adjusted basis
Using this formula
Outside adjusted basis=Outside basis - Liabilities
Let plug in the formula
Outside adjusted basis=$50,000 - $25,000
Outside adjusted basis= $25,000
Second step is to calculate for theGain or loss
Using this formula
Gain/Loss=Outside adjusted basis- Cash received - Inside basis
Let plug in the formula
Gain/Loss =$25,000 -$10,000 -$20,000
Gain/Loss = ($5,000)
Based on the above calculation for Mia Gain/loss in which Mia had ($5,000) this means there is $0 gain or loss
Third step is to calculate for the Inventory
Using this formula
Inventory = Cash + Gain/Loss
Let plug in the formula
Inventory =$10,000 + $5,000
Inventory = $15,000
In summary Mai will have $0 gain or loss, the Cash basis amount will be $10,000 while the Inventory amount will be $15,000
find the maximum profit and number of untis that must be produced and sold in order to yield the maximum profit
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Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, Upper R left parenthesis x right parenthesisR(x), and cost, Upper C left parenthesis x right parenthesisC(x), are in thousands of dollars, and x is in thousands of unitsR(x)=6x-2x^2 , C(x)=x^3-3x^2+4x+1The production level for the maximum profit is about ____ units.
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Answer:
The production level for the maximum profit is about 1215 units.
Explanation:
The given income is R(x)= 6x-2x2 and the given cost is C(x)= x3-3x2+4x+1 where x is the quantity of units created and sold.
At that point the benefit work is P(x) = R(x)- C(x) = (6x-2x2) – (x3-3x2+4x+1) = - x3+x2+2x - 1.
The benefit will be most extreme when dP/dx is 0 and d2P/dx2 is negative. Here, dP/dx = - 3x2+2x+2 and d2P/dx2 = - 6x+2 .
On utilizing the quadratic recipe, on the off chance that dP/dx = 0, at that point x = [ - 2 ± √{ 22-4*(- 3)*2]/2*(- 3) = [-2 ± √(4+24)]/(- 6) = (2± √ 28)/6 = (1 ± √7)/3 . Since x can't be negative, consequently x = (1 + √7)/3 = 1.215250437 , state 1.215 ( on adjusting to the closest thousandth).
Likewise, d2P/dx2 is negative when x = 1.215, at that point .
Subsequently, the benefit will be greatest when 1215 units are created and sold.
The creation level for the greatest benefit is around 1215 units.
An agent has successfully negotiated a sales contract. Because he is the listing agent, multiple listing service (MLS) rules require him to A) notify the MLS of the status change. B) give a copy of the signed contract to the MLS. C) pay additional MLS fees because of the negotiated contract. D) give a copy of the signed agreement to the broker.
Answer: A) notify the MLS of the status change
Explanation:
The Multiple Listing Service (MLS) is a platform that serves to connect Real Estate professionals and the properties they are trying to sell that way they can each market the other's properties and increase the reach of the listing.
As the listing agent of a property, the agent was the one who posted the listing on the MLS and so when the property is sold, the agent should contact the MLS and let it know that the property has been sold so that they may take appropriate action.
Arnell Industries has $35 million in permanent debt outstanding. The firm will pay interest only on this debt. Arnell's marginal tax rate is expected to be 30% for the foreseeable future. a. Suppose Arnell pays interest of 9% per year on its debt. What is its annual interest tax shield? b. What is the present value of the interest tax shield, assuming its risk is the same as the loan? c. Suppose instead the interest rate on the debt were 7%. What is the present value of the interest tax shield in this case?
Answer:
a. Annual Interest tax shield = Debt * Interest * Tax Rate
Annual Interest tax shield = $35 million *9% *30%
Annual Interest tax shield = $0.945 million
b. PV of tax shield = $35 million *9% *30% / 9%
PV of tax shield = $10.50 million
c. PV of tax shield at 7% = 35million *7% *30% / 7%
PV of tax shield at 7% = $10.50 million
If the firm is using a fixed-period lot size of two periods, what is the order size for the first order
Answer:
The question is incomplete. The complete question is ---
Bunny Helpers, Inc., has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot), and quantities on hand:
Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs; additionally one bottle of Alka-Seltzer is included for those who overindulge.
If the firm is using a fixed-period lot size of two periods, what is the order size for the first order?
280
120
200
160
150
The answer is 150.
Explanation:
For any organization, a lot size or order size is the amount or quantity of products to be made by them. It is the amount amount choosing to make or order.
MRP can be applied to the services when it is mostly focused on service components and material which is the part of that service process.
In the context, Bunny Helpers, have received an order for 100 basket of Deluxe Easter which is to be delivered at the starting of the week.
Hence, for two periods of a lot size, the first order size should be 150 according to the MRP.
"A customer buys 100 shares of ABC at $90, depositing the Regulation T requirement. She holds the position for two months, during which $100 of interest is charged on the debit balance. What is the adjusted debit balance at the end of the two month period?"
Answer:
$4,600
Explanation:
Calculation for the adjusted debit balance at the end of the two month period
Using this formula
Adjusted debit balance = (Number of shares × Shares amount ÷ Numbers of months) + Interest amount
Let plug in the formula
Adjusted debit balance= (100 shares ×$90÷2 months) +$100
Adjusted debit balance = ($9,000÷ 2 months) +$100
Adjusted debit balance=$4,500+$100
Adjusted debit balance=$4,600
Therefore the adjusted debit balance at the end of the two month period will be $4,600
Pearl Corporation issues $380,000 of 9% bonds, due in 10 years, with interest payable semi-annually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds.
Answer:
the issue price of the bonds is $356,321.80.
Explanation:
The issue price of the bonds, PV can be determined using a Financial Calculator as follows :
Pmt = ($380,000 × 9%) ÷ 2 = $17,100
n = 10 × 2 = 20
P/yr = 2
YTM = 10%
Fv = $380,000
PV = ?
The issue price of the bonds, PV is $356,321.80
Given a stock index with a value of $1,500, an anticipated dividend of $62 and a risk-free rate of 5.75%, what should be the value of one futures contract on the index?
Answer:
$1,356.44
Explanation:
Computation for the value of one futures contract on the index
Using this formula
Futures contract =(Stock index value/(1+Risk-free rate)-Anticipated dividend
Let plug in the formula
Futures contract=$1,500/(1+0.0575) - $62
Futures contract=$1,500/(1.0575) - $62
Futures contract=$1,418.44 - $62
Futures contract=$1,356.44.
Therefore the value of one futures contract on the index will be $1,356.44.
perline, inc., has balance sheet equity of $6.2 million.At the same time, the income statement shows net income of $948600. The company paid dividends of $493272 and has 100000 shares of stock outstanding. If the benchmark PE ratio is 26, what is the target stock price in one year?
Answer:
The target stock price in one year is $264.75
Explanation:
We first calculate the ROE as below
ROE= Earnings / Book value of Equity
ROE= $948,600 / $6,200,000
ROE= 0.153
The payout ratio is:
b= Dividend / Net income
b = $493,272 / $948,600
b = 0.52
So the sustainable growth rate is:
g = ROE * (1-b)
g = 0.153 * (1-0.52)
g = 0.153 * 0.48
g = 0.07344
The earning in the first year are
EPS1 = $948,600 / 100,000 * (1 + 0.07344)
EPS1 = $9.486 * 1.07344
EPS1 = $10.1827
According to the benchmark PE ratio, the target stock price in one year is
Price = EPS1 * 26
Price = $10.1827 * 26
Price = $264.75
Which of the following is not one of the primary strategy options for competing in the markets of foreign countries?
A) Multi country or localized strategies
B) Forming alliances and partnerships with local companies in every country market where the company opts to compete, so as to facilitate use of an act global, think local strategic approach
C) Global strategies- where a company employs a think global, act global approach to crafting its strategy for competing in all country markets where it has a presence
D) Franchising and licensing strategies
E) Maintaining a national (one -country) production base and exporting goods to foreign markets
Answer:
B) Forming alliances and partnerships with local companies in every country market where the company opts to compete, so as to facilitate use of an act global, think local strategic approach
Explanation:
This is usually not the first or primary strategy that may be employed by a company. For example, a new company that has a lower market reach may not consider going to forming alliances and partnerships with local companies in every country market because of its limited finances.
However, a bigger company like Coca-cola wanting to compete may use this strategy.
The economy is generally better off when monopolies are broken up. Why is it hard for governments to do this
Answer:
• Monopolies often have laws to protect them.
• Monopolists have a lot of money to fend off antitrust lawsuits.
• Sometimes keeping it intact is the best option.
Explanation:
A monopolist is an individual or a company that controls every market for a certain product or service. It should be noted that a monopolist has a great power, enjoy economies of scale and influences price.
It is hard for government to break up monopoly because they have a huge amount of money and some are protected by the law.
When an ice cream shop was founded, it made 31 different flavors of ice cream. If you had a choice of having a single flavor of ice cream in a cone, a cup, or a sundae, how many different desserts could you have?
A person could have 93 different desserts from the ice-cream shop that have 31 different flavors of ice cream. It is calculated by multiplying the total number of ice-cream flavors with the choices of containers available.
What is a dessert?A meal's final course is usually dessert. The course comprises of sweet treats like candies and perhaps a drink like dessert wine or liqueur. There isn't a customary dessert dish to end a dinner in various parts of the world, including most of China, much of West Africa, and much of Greece.
Let's suppose, each ice cream (I) is formed by 1 ice-cream flavor, and 1 container.
There are:
31 flavors (f)3 kind of containers (c): cone, cup or sundaeWe can find all the possible combinations using the following expression.
I = f × c
I = 31 × 3
I =93
Therefore, there can be 93 possible ice cream combinations.
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One common problem with the current ratio is that it is susceptible to "window dressing." If prior to the end of the accounting period Saxon Company has a current ratio of 1.5 and management wishes to boost its current ratio it may decide to:___________
a. purchase short-term investments with cash.
b. purchase more inventory with cash.
c. pay off accounts payable prior to year-end.
d. purchase more inventory on account.
Answer:
c. pay off accounts payable prior to year-end.
Explanation:
The current ratio refers to the relationship between the current assets and the current liabilities
The formula to compute is as follows
Current ratio = Current assets ÷ current liabilities
It is a liquidity ratio that represents the liquidity of the company
Now for improving the current ratio first the company pay off the account payable before the year ending as it automatically reduced the balance of account payable
Hence, the correct option is c.
The following data relate to labor cost for production of 3,600 cellular telephones: Actual: 2,430 hrs. at $14.5 Standard: 2,390 hrs. at $14.8 a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Answer and Explanation:
The computation is shown below:
For Direct labor rate variance, it is
= (Actual rate - Standard rate) × Actual hour
= ($14.5 - $14.8) × 2,430 hours
= $729 favorable
For Time variance, it is
= (Actual hours - standard hours) × standard rate
= (2,430 hours - 2,390 hours) × $14.80
= $592 unfavorable
So, the Total labour cost variance is
= $729 favorable + $592 unfavorable
= $137 favorable
Erickson Inc. is considering a capital budgeting project that has an expected return of 25% and a standard deviation of 30%. What is the project's coefficient of variation
Answer:
The project's coefficient of variation is 1.2
Explanation:
Coefficient of variation is the measure of variability relative to the mean.
Coefficient of variation = Standard Deviation / Average Return
Coefficient of variation = 0.30 / 0.25
Coefficient of variation = 1.2
Therefore, coefficient of variation is 1.2
Andrews Corp. ended the year carrying $153,576,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.?
Answer: $153,576,000
Explanation:
At year end, all the costs of inventory have been accounted for and incurred by the company. The inventory left therefore has no costs attached to it.
If Andrews Corp had been able to sell the inventory they had at year end, they would therefore not have incurred any new costs for doing so. The revenue they would have gotten would be equal to the worth of the inventory as is which was $153,576,000.
Which of the following would be included in a property management report?a) Delinquent Tenant Reportb) Tenant Screening Reportsc) Schedule E Reportd) ACH Settlemente) Vendor Ledgerf) Rent Roll
Answer:
Rent roll ( F )
Explanation:
In most case none of the options mentioned above is included in a property management report prepared for the owner of a property by the property management company unless the property is been managed by a private landlord directly.
A rent roll is sometimes been provided in the property management report because it provides vital information to the property owner should in case he wants to sell off his property. otherwise all reports are mostly handled by the management company.
The amortization of flotation costs reduces taxes and thus provides an annual cash flow. What will the net increase or decrease in the annual flotation cost tax savings be if refunding takes place
New York Waste (NYW) is considering refunding a $50,000,000, annual payment, 14% coupon, 30-year bond issue that was issued 5 years ago. It has been amortizing $3 million of flotation costs on these bonds over their 30-year life. The company could sell a new issue of 25-year bonds at an annual interest rate of 11.67% in today's market. A call premium of 14% would be required to retire the old bonds, and flotation costs on the new issue would amount to $3 million. NYW's marginal tax rate is 40%. The new bonds would be issued when the old bonds are called.The amortization of flotation costs reduces taxes and thus provides an annual cash flow.
a) What will the net increase or decrease in the annual flotation cost tax savings be if refunding takes place?
a. $6,480 b. $7,200 c. $8,000 d. $8,800 e. $9,680
Answer:
C. $8,000
Explanation:
Given the following parameters
Amount: $50,000,000,
Call premium %: 14%
Old rate: 14.00%
Tax rate: 40%
Original life: 30
New rate: 11.67%
Years ago issued: 5
New life: 25
Original flotation cost: $3,000,000
New flotation cost: $3,000,000
Years remaining on old bond: 25
Then we solve for old new annual amortization tax effects:
Flotation costs benefit, new: ($3,000,000/25)(0.4) = $48,000
Flotation costs lost, old: ($3,000,000/30)(0.4) = $40,000
Net annual amortization tax effects = New flotation cost - Old floatation cost
=> $48,000 - $40,000 = $8,000
Hence, the right answer is $8,000
When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from:
Complete Question:
When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from:
Group of answer choices
A. showing past performance
B. using a paid testimonial
C. using illustrative performance charts
D. using the term "investment counsel"
Answer:
B. using a paid testimonial.
Explanation:
When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from using a paid testimonial by the Securities and Exchange Commission Act.
A paid testimonial can be defined as a written or verbal statement made by an individual for the affirmation of good quality, performance and value of a product such as a stock.
Generally, a paid testimonial endorses an investment adviser but may not be a true reflection of his or her performance in stocks trading and that would negatively impact the customers.
Negative factors that are internal would be which of the following?
Weakness
Opportunity
Threat
Strength
Answer:
Weakness
Explanation:
The most highlighted negative internal factor is weakness. Inner strength stands to be the positive internal factor. When financial, physical, and human resources fall short or decrease there arises a complexity in any business organization that later becomes the reason for weakness. Weaknesses prove to provide an adverse effect on the firms and business organizations. They pull the productivity and hampers the processes.
Answer:
Weakness
Explanation:
The only other thing that's negative is a threat, but threats happen in the real world, while weakness is something someone feels on the inside.
Consider two spices, cumin and paprika, to be substitutes, a decrease in the supply of paprika, should cause an increase in the price of
Answer:
an increase in the price of both
Explanation:
A decrease in the supply of paprika would cause an increase in the price of both substitute goods. When the supply of paprika falls, the demand will be greater than what is available for sale and this would cause the sellers to raise it's price afterall it is now scarce.
Also as a substitute good, more people would begin to switch to buying cummin which would raise the demand for cummin. This increase in demand for cummin would then cause the price of cummin to go up.
Sperazza Corporation produces large commercial doors for warehouses and other facilities. In the most recent month, the company budgeted production of 6,200 doors. Actual production was 6,600 doors. According to standards, each door requires 6.4 machine-hours. The actual machine-hours for the month were 43,490 machine-hours. The standard supplies cost is $2.20 per machine-hour. The actual supplies cost for the month was $87,415. Supplies cost is an element of variable manufacturing overhead. The variable overhead efficiency variance for supplies cost is:
Answer:
Variable overhead efficiency variance= $2,310 unfavorable
Explanation:
Giving the following information:
Actual production was 6,600 doors.
According to standards, each door requires 6.4 machine-hours.
The actual machine-hours for the month were 43,490 machine-hours.
The standard supplies cost is $2.20 per machine-hour.
To calculate the variable overhead efficiency variance, we need to use the following formula:
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 6.4*6,600= 42,440
Variable overhead efficiency variance= (42,440 - 43,490)*2.2
Variable overhead efficiency variance= $2,310 unfavorable