2. Where does Steve Jobs’ power and influence come from?

Answers

Answer 1

Answer:

working with apple and creating the mac

Explanation:

Answer 2
From him being able to realize what it is he wanted to do and do it

Related Questions

Van and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50. They live in different neighborhoods. Van’s property value is expected to increase by 5% next year.Trung’s property value is expected to increase by 3%. How will these changes affect their property taxes? Check all that apply.

Answers

Answer:

Van's property tax will increase.

Trung's property tax will be less than Van's.

Trung's property tax will increase.

Explanation:

Data provided in the question

Value of the home = $175,000

Property taxes = 1.25%

Annual taxes = $2,187.50

Increased percentage for Van = 5%

Increased percentage for Trung = 3%

based on the above information, the affect is as follows

Van's property tax would rise as he expects his home's value to rise more than Trung's property value. Since the value of Van 's property is rising and rising more than that of Trung, Trung's would be less than that of Van. Because of the rise in value Trung's property tax is rising.

Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2

Answers

Complete question :

Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2.

What was nominal GDP in year 1? What was real GDP in year 1?What was nominal GDP in year 2? What was real GDP in year 2?

Answer: $21 ; $21 ; $30 ; $30

Explanation:

Given the following:

Goods, price YR 1; qty YR 1; price YR 2; qty YR 2

Quarts of ice cream; $4.00; 3; $4.00; 5

Bottles of shampoo; $3.00; 1; $3.00; 2

Jars of peanut butter; $2.00; 3; $2.00; 2

A.) Nominal GDP in year 1:

NOMINAL GDP = SUMMATION OF THE PRODUCT OF PRICE AND QUANTITY OF GOODS FOR A PARTICULAR YEAR

QUARTZ OF ICE CREAM = $4 × 3 = $12

BOTTLE OF SHAMPOO = $3 × 1 = $3

JARS OF PEANUT BUTTER = $2 × 3 = $6

NOMINAL GDP = $(12 + 3 + 6) = $21

B) REAL GDP YEAR 1

REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR

QUARTZ OF ICE CREAM = $4 × 3 = $12

BOTTLE OF SHAMPOO = $3 × 1 = $3

JARS OF PEANUT BUTTER = $2 × 3 = $6

REAL GDP = $(12 + 3 + 6) = $21

C) NOMINAL GDP YEAR 2

QUARTZ OF ICE CREAM = $4 × 5 = $20

BOTTLE OF SHAMPOO = $3 × 2 = $6

JARS OF PEANUT BUTTER = $2 × 2 = $4

NOMINAL GDP = $(20 + 6 + 4) = $30

D)REAL GDP YEAR 2

REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR

QUARTZ OF ICE CREAM = $4 × 5 = $20

BOTTLE OF SHAMPOO = $3 × 2 = $6

JARS OF PEANUT BUTTER = $2 × 2 = $4

REAL GDP = $(20 + 6 + 4) = $30

Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. Although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickups for sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. Which of the following approaches is likely to produce superior results?
A) Invest in vertical integration despite the cost of producing pickups.
B) Abandon the idea of vertical integration entirely.
C) Pursue taper integration.
D) Introduce a budget line of guitars to diversify the firm's offeri

Answers

Answer:

Option A

Explanation:

In simple words, Regardless of the expense of making guitars, the technique reduces the total cost of manufacturing a instrument. Phoenix would be in the production business of instruments, not pickups.

The target of this technique is therefore the entire guitar, not really the pickups. The smaller the process of manufacturing their instruments, the better manoeuvrability they have on the market. When they have reduced costs, they may change rates downwards in order to capture further market penetration.

Exhibit 15-3 Potatoes and wheat output (tons per day) Country Potatoes Wheat United States 4 2 Ireland 3 1 In Exhibit 15-3, the United States has an absolute advantage in producing: Group of answer choices

Answers

Answer:

The answer is "Both potatoes and wheat"

Explanation:

The actual value of US production is a productivity gain, which is the value of potatoes and wheat, since it will yield more with a given day than in Ireland. Unless the country has it, otherwise nation A (USA) created the product more for country B (Ireland), the benefit between two commodities. Instead of the national comparative benefit, foreign trade is based on the concept of competitive advantage.

You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?

Answers

Answer:

The change should you expect in operating cash flows next year would be 19.60%

Explanation:

In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:

change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year

change should you expect in operating cash flows=2.8*0.07

change should you expect in operating cash flows=19.60%

The change should you expect in operating cash flows next year would be 19.60%

Bob needs to create an agreement between his company and a third-party organization that demonstrates a "convergence of will" between the parties so that they can work together. Which type of agreement will Bob use?

Answers

Answer: Memorandum Of Understanding (MOU)

Explanation: A memorandum of understanding may be explained as a binding document between two or more parties usually employed to showcase an agreement in action, decision or intent of the parties involved. The memorandum of Understanding may be adopted to serve as a commitment to partner between two or more parties where the parties prefer to adopt a gentle or leave out legal procedure in their agreement deal.

In the scenario above, Bob will have to create a Memorandum of Understanding which will be signed by Bob's company and the third party to signify a convergence of will between them.

Since horizontal integration is the process of acquiring and merging with _________, it is the type of corporate strategy that can improve a firm's strategic position in _______ industry/industries. Multiple Choice buyers, multiple competitors, multiple competitors, a single suppliers, a single suppliers, multiple

Answers

Answer:

Option A. Competitors, a single

Since horizontal integration is the process of acquiring and merging with Competitors, it is the type of corporate strategy that can improve a firm's strategic position in a Single industry/industries.

Explanation:

In a horizontal integration, the company acquires or merges its business with the competitor in same line of business to control the competition and market decisions. This helps the company to take most of the control of the single industry by increasing its bargaining price due to access to wider number of resources and product knowledge which enables the group to manufacture a differentiated product.

Hence the option A is correct.

Which of the following scenarios best illustrates bundling? Cumulus Media Inc. sells its cloud computing network by having customers pay for the service as they use it. Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually. Sharp Cable Inc. sells its basic TV channels for free but charges high prices for any channels that customers add on later. Clean Brush Inc. sells its electric toothbrushes for a low cost, but charges a high price for replacement brushes.

Answers

Answer:

The scenario that best illustrate BUNDLING is option B which state that:

Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually

Explanation:

BUNDLING occur when a company or an organisation combine different product together as a package and than sell those product at a discounted amount or lower price instead of charging their customers to buy those product separately

For example, a customers may prefer iPhone 6 than iPhone 5 Instead of the company to sell iPhone 6 for $500 dollars and iPhone 5 for $400 dollars each, the company will then bundles or combined the two product and sells them at a discounted price or amount of $300.

Information regarding income levels, education, occupation, and ethnic groups in your target market is called

A. product-based research
B. advertising information
C. demographics
D. secondary research

Answers

Answer:

Option C. Demographics

Explanation:

Demographics are a population section of a particular target market depending upon specific demographic information which differentiates this section from other section population. These demographics mostly includes location, family status, occupation, education level, etc.

Company FM2 must pay 200,000 in 4 years. In order to fully immunized from changes in interest rate, the company invests in a 3 year zero coupon bond that matures for 90,000 and a 5 year zero coupon bond that matures for X. The actuary for Company FM2 determined that their portfolio fully immunized their ability to meet their obligations at the current interest rate i. Calculate X.

Answers

Answer:

11.10%

Explanation:

The computation of the X is shown below;

The first equation is

$90,000 ÷ ( 1 + interest rate)^3 + X ÷ (1 + interest rate)^5 = $200,000 ÷ (1 + interest rate)^4

$90,000 × (1 + interest rate)^2 + X = $200,000 × (1 + interest rate)..........(I)

As we are assuming company has invested in both the bonds

So,

The second equation is

$90,000 (1 + interest rate)^2 = X ...................................(2)

By considering the both equation

we can derive that

X = $100,000 × (1 + interest rate)

Now the (1 + interest rate) is

= $100,000 ÷ $90,000

= 11.10%

A person who is not employed and claims to be trying hard to find a job but really is not trying hard to find a job is a. counted as out of the labor force but should be counted as unemployed. b. counted as unemployed but should be counted as out of the labor force. c. correctly counted as out of the labor force. d. correctly counted as unemployed

Answers

Answer:

The correct answer is B.

Explanation:

Effectively, a person who is not employed and claims to be trying hard to find a job but really is not trying hard to find a job is counted as unemployed but should be counted as out of the labor force.

This is so because, according to the statistical criteria applicable to the labor market, the active population or labor force is considered to be all those people who are working or who, without work, are looking for it and in conditions to start working. work immediately. On the other hand, people who do not have the capacity or need to join the job market (due to age, health, wealth, etc.) or who do not work and are not looking for work, in order to have the conditions to do so, are considered passive population that is outside the labor force. The latter is the case of the person in question, who does not have a job and is not actively looking for it.

The process of identifying and documenting specific and provable flaws in the organization’s information asset environment is called vulnerability assessment (VA). __________ Group of answer choices True

Answers

Answer:

True

Explanation:

VULNERABILITY ASSESSMENT can be said to mean the process or ways in which an organisation information system is been assess and evaluate for any risks, threat or anything that may cause harm and vulnerabilities in the organization’s information system or information asset environment in order to help improve the safeguards , review the security weaknesses thereby making it less harmful and less vulnerable when needed.

Gato Inc. had the following inventory situations to consider at January 31, its year-end. Identify which of the following items should be included in inventory. (a) Goods held on consignment for Steele Corp. since December 12. select an option (b) Goods shipped on consignment to Logan Holdings Inc. on January 5. select an option (c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit

Answers

Answer:

(b) Goods shipped on consignment to Logan Holdings Inc. on January 5.

(c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit.

Explanation:

Gato Inc. should include two items in its inventory. Good shipped on consignment to Logan Holdings Inc. should be included in inventory because this is transaction after the closing of December period. Goods shipped tp a customer on January 29 must also be included in the inventory because the goods are still in transit.

If you want to compare two different investments, what should you calculate? A. The compound interest B. The ROI percentages C. The ROI dollar amounts D. The capital gain Please select the best answer from the choices provided A B C D

Answers

Answer: B. The ROI percentages

Explanation: Making comparison between investments in terms of returns will involve calculating the ROI as a percentage. The ROI refers to the return on an investment which is the ratio of the net profit made from an investment and the cost of the investment. That is ;

ROI = (Net profit / cost of investment) × 100

Investment with greater or higher return on investment (ROI) is usually regarded as the best investment between alternatives. For instance two investments, A and B with ROI of 5% and 10% respectively. Investment B has a higher ROI than A and thus considered has the better investment decision.

Answer:

BBBBBBBBBBBBB

ROI percentages

Explanation:

did the test

A company purchased merchandise to be resold at increasing costs during the year 2019. The purchases were made at the following costs. 1. What are the number of units and the cost of the goods available for sale? 2. Assuming the LIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 3. Assuming the FIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 4. Assuming the periodic weighted-average cost flow assumption, what is the company's cost of goods sold for the 120 items sold in 2019? 5. Assuming the LIFO perpetual cost flow assumption, what will be the company's cost of goods sold if 10 units were sold on the last day of each month during the year 2019? 6. Assuming the perpetual moving-average cost flow assumption, what is the company's cost of goods sold for the 110 items sold in 2019? 7. A company's inventory was destroyed in a fire on January 28, 2020. The company's December 31, 2019 inventory had a cost of $40,000. The company's gross profit has consistently been 30% of sales. During January the company purchased merchandise costing $36,000 and sales of $50,000 at regular selling prices. What is the estimated cost of the inventory that was destroyed on January 28, 2020?

Answers

Answer:

7. $41,000

Explanation:

7. The company has $40,000 of inventory on December, it further purchased $36,000 of inventory in January. The sales in January amounted to $50,000 out of which 30% is gross profit. The cost of goods sold will be $35,000. The inventory that is destroyed by fire $41,000 ($40,000 + $36,000 - $35,000 ).

The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the: Group of answer choices Controllable variance. Standard variance. Budget variance. Quantity variance. Price variance.

Answers

Answer:

Quantity variance.

Explanation:

The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the Quantity variance.

For instance, if Tony needs a standard quantity of 50 pounds of iron to construct a burglary, but only used 51 pounds, then the quantity variance is 1 pound of iron.

Hence, the quantity variance is simply the difference between the actual quantity of materials that should be used and the quantity of materials that was used.

T-bills are offered in what monetary increment? $1 $10 $100 $1000

Answers

Answer:

1,000 is the answer

Explanation:

Because it is

Answer:

The correct answer is $100

Explanation:

This information has come directly from the U.S department of treasury.

the condition of famers before amul ? 3 sentence pls send the answer . this is for my English project​

Answers

Answer:

the life of a farmer in Kaira was very much like that of farmers anywhere else in India. His income was derived almost entirely from seasonal crops. Many poor farmers faced starvation during off-seasons. Their income from milch buffaloes was undependable. The milk marketing system was controlled by contractors and middlemen. As milk is perishable, farmers were compelled to sell their milk for whatever they were offered. Often they had to sell cream and ghee at a throwaway price.

Explanation: reword in your own words so there is no plagiarism

Jeremy signs a power of attorney document giving Keisha the authority to conduct transactions for him. What is the usual term for Keisha’s role in this situation? a. Custodian of records. b. Principal. c. Collective entity. d. Attorney-in-fact.

Answers

Answer:

d. Attorney-in-fact.

Explanation:

An attorney-in-fact is an individual whom you authorize to engage in any business or private transaction on your behalf. This means that the attorney-in-fact represents you and if he/she does something in your name (e.g. sign contracts, take debts) it will be your responsibility. E.g. if the attorney-in-fact signs a contract on your behalf, your are a party in that contract and must perform your obligations.

If you have a checking account and want to buy something online, which method of payment would be most convenient? (Select the best answer.) If you have a checking account and want to buy something online, which method of payment would be most convenient? (Select the best answer.) Writing a check Using an overdraft Using your checkbook register Using a debit card

Answers

Answer:

Using a Debit card

Explanation:

Online transaction and payments are transactions that are conducted virtually and electronically through the internet and computer network. One major attribute of this medium of payment is that physical method of payment are minimally used. An example of a medium of online payment is the use of a debit card

A debit card is a payment card issued by financial organization and linked to a customers checking account , which can be used to pay for purchases made through an online platform. It is a faster and saver means of payment.

Answer:

Debit Card      (got it right on my test)

Explanation:

All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided into fixed and variable components. c.there is no change in inventory quantities during the period. d.within the relevant range of operating activity, the efficiency of operations can change.

Answers

Answer:

d. within the relevant range of operating activity, the efficiency of operations can change.

Explanation:

Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;

1. Sales price per unit product is kept constant.

2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.

3. All the units produced are sold i.e there is no change in inventory quantities during the period.

5. The costs accrued are as a result of change in business activities.

6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.

Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.

All of the following are assumptions of cost-volume-profit analysis except within the relevant range of operating activity, the efficiency of operations can change. Thus, option D is the correct option.

The break-even analysis, also known as cost-volume-profit analysis, is a crucial technique for forecasting the amount of activity, expenditures to be incurred, sales to be produced, and profits to be realized. It is employed to assess how variations in various activity levels, such as expenses and volume, impact an organization's operating income and net income.

Financial professionals typically utilize the cost-volume-profit analysis and base their decisions on the following assumptions:

The unit sales price of the product is constant.The overall fixed costs of production are maintained at a consistent level, allowing for the division of costs into fixed and variable components.

Learn more about cost-volume-profit here:

https://brainly.com/question/27153414

#SPJ6

Together, EMI, Sony BMG Music Entertainment, Universal Music Group Recordings, Inc., and Warner Music Group Corp. produced, licensed, and distributed 80 percent of the digital music sold in the United States. The companies formed MusicNet to sell music to online ser- vices that sold the songs to consumers. MusicNet required all of the services to sell the songs at the same price and subject to the same restrictions. Digitization of music became cheaper, but MusicNet did not change its prices. Did MusicNet violate the antitrust laws? Explain.

Answers

The correct answer to this open question is the following.

Yes, MusicNet violates the antitrust laws.

Indeed, these companies are forming a monopoly in the music business industry. Warner Music, Universal, Sony, and EMI control 80% of the digital music industry due to the fact that they own the rights of most of the popular artists and bands worldwide. When these companies decide to form MusicNet they are creating a monopoly to exert its dominance in the market.

In the case of the United States, three important legislations have to deal with antitrust laws: the Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act.

So what MusicNet is doing is limiting the consumer's choices to buy music, imposing its own conditions and restrictions. And that is not fair in American free-market conditions.

Assume that we are in the MM world. Health and Wealth Company is financed entirely by common stock that is priced to offer a 12 percent expected return. If the company repurchases 20 percent of the common stock and substitutes an equal value of debt yielding 8 percent, what is the expected return on the common stock after refinancing

Answers

Answer:

13%

Explanation:

the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]

the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%

Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.

Peggy andrews has a charge account at davis jewelers, which uses the unpaid-balance method of computing finance charges. the periodic rate is 1.75%. peggy's previous balance is $9,472.08. she had payments and credits of $250.00. her new purchase of $45.00 was not included in the finance charge calculation. what is the new account balance including the new purchase? (hint: calculate finance charge before adding $45.00 to the balance.) $9,428.47 $9,222.08 $9,267.08 $9,429.25

Answers

Answer: $9428.47

Explanation:

Given the following :

Periodic rate = 1.75% = 0.0175

Previous balance = $9472.08

Payments and credit = $250

New purchase = $45

Unpaid balance = previous balance - payments and credit

Unpaid balance = $9,472.08 - $250 = $9222.08

Finance charge = unpaid balance × periodic rate

Finance charge= $9222.08 × 0.0175 = $161.3864

New balance = (unpaid balance + finance charge + new purchase)

New balance = $(9222.08 + 161.3864 + 45)

New balance = $9428.4664

New balance = $9,428.47

JVL Enterprises has set a target profit of $126,000. The company sells a single product for $50 per unit. Variable costs are $15 per unit and fixed costs total $98,000. How many units does JVL have to sell to BREAK-EVEN?

Answers

Answer:

The break even unit is 2800 units.

Explanation:

The target profit of JVL Enterprises = $126000

The selling price of a single unit (SP) = $50 per unit.

Variable cost (VC) = $15

Fixed cost of the production (FC) = $98000

Now find the break-even unit by dividing the fixed cost with the difference of selling price and variable cost.

The break even unit = FC / (SP-VC)

= 98000 / (50 – 15)

= 2800 units

Linda is an accountant at a major conglomerate. Her job profile states that she has to access not only the data from her firm, but also the data from the firms that compose the conglomerate as a whole. On which of these networks is Linda most likely working?

Answers

Answer:

firms

Explanation:

Silas Company reported the following information for 2015: Sales revenue $500,000 Cost of goods sold 350,000 Operating expenses 55,000 Unrealized holding gain on available-for-sale securities 20,000 Cash dividends received on the securities 2,000 For 2015, Silas would report comprehensive income of

Answers

Answer:

$20,000

Explanation:

Since there are cash gains that have not been realized as a result of the goods not being sold complete;y. This means that there is still more cash for to be inputted into the account information when a comprehensive income review is done.

from the question, it shows that $20,000 is te unrealized gain and as such is the going to be part of comprehensive income when the books of Silas company are to be reckoned.

Cheers.  

Office Procedure
a) Encplain the meaning and need of office procedure:

Answers

Answer:

Meaning of Office procedure:

Office procedure is the combination of two words : office and procedure. Office means the place where overall administrative and clerical functions are performed for achieving organizational goals. Procedure means a series of actions conducted in a certain manner, an established way of doing something, a process of making decision and the specific way of performing official task which is set by the office as per organizational objectIves for getting decision from authorized level.

The process of getting decisions from the authorized level in order to perform a specific official task as per the objectives set by office or organization is called office procedure.

Need of office procedure:

It is necessary for an organization to carry out the official activities following certain procedures. These procedures are adopted in a systematic way by considering rules and policies of the organization. The following points highlight the importance or need of office procedures:

Effective office performance

It provides a necessary guidance about official system. So , it supports to perform the official jobs in a simple and uniform way.

Brings flexibility

Office procedures involve the provision of flexibility in official activities. It is the reason that it supports to perform the organizational activities in a flexible and effective manner.

Support to subordinates

It involves necessary information of past and present performance of office. It provides support to involve the subordinate level staff in decision making process. It increases the commitment of lower level staff.

Develop participatory approach

It facilitates to develop participatory approach for solution of official problems. It considers the opinion , ideas and information provided by the subordinate level staff in decision making process.

Fulfill legal requirement

It involves systematic and safely preservation of valuable official documents in proper files. Whenever any documents are required to government officials it can be provided within proper time. Therefore, it facilitates to fulfill legal procedures and requirements.

Hope this helps...

Best regards!!!

What best describes the kinds of companies in which a socially responsible
investor would invest his or her money?
O A. Companies that rely on nonmonetary calculations when doing
cost-benefit analysis
B. Companies with a business model and social mission that the
investor supports
O C. Companies that put profit-maximization above all other
considerations
O D. Companies that work toward decreasing marginal utility for a
society

Answers

Answer: Companies with a business model and social mission that the

investor supports

Douglas Industries produced 5,500 units of product that required 2.5 standard hours per unit. The standard fixed overhead cost per unit is $2.20 per hour at 13,500 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance.

Answers

Answer:

$550 favorable

Explanation:

Douglas industries was involved in the manufacturing of 5,500 units of a product which required 2.5 standard hours per unit.

The standard fixed overhead cost per unit is $2.20 for each hour at 13,500 hours

Therefore, the fixed factory overhead volume variance can be calculated as follows

= (13,500-(5,500×2.5hours)×$2.20

= (13,500-13,750)×$2.20

= -250 × $2.20

= -$550

= $550 favorable

Hence the fixed factory overhead volume variance is $550 favorable

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