Mendig has done job overall of managing its technology overhead costs. It has variable overhead efficiency variance because it used CPU units of processing time relative to the number of client interactions it had. This is not an issue if the goal was to meet the high-peformance computing needs of clients and resulted in higher levels of client satisfaction or revenues. For the 6,000 CPUT units used, Mendig spent per unit relative to the budgeted $2.50, so the price/spending variance on variable technology overhead was

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%