Answer:
Overhead rate is $30.4
So option (c) is correct option
Explanation:
We have given total estimated overhead = $85120
Estimated direct labor hours = 2800
Actual manufacturing overhead for the year = $86870
Actual labor hour = 2700
We have to find overhead rate for the year
Overhead rate is equal to the ratio of estimated overhead to estimated labor hour
Therefore overhead rate 
$
So option (c) is correct
Answer:
d. Actual revenue is higher than budgeted revenue.
Explanation:
When the Actual income/revenue/benefit is higher than the budgeted/estimated income/revenue/benefit, the variance will be favorable.
When the Actual income/revenue/benefit is lower than the budgeted/estimated income/revenue/benefit, the variance will be unfavorable.
When the Actual expense/cost/loss is higher than the budgeted/estimated expense/cost/loss, the variance will be unfavorable.
When the Actual expense/cost/loss is lower than the budgeted/estimated expense/cost/loss, the variance will be favorable.
a.
As the actual cost incurred is higher than the cost estimated, then the variance in both costs is unfavorable.
b.
As the actual Income earned is lower than the income estimated, then the variance in both incomes is unfavorable.
c.
As the actual expense incurred is higher than the expense estimated, then the variance in both expenses is unfavorable.
d.
As the actual revenue incurred is higher than the revenue estimated, then the variance in both revenues is favorable.
e.
As the actual revenue earned is lower than the revenue estimated, then the variance in both revenues is unfavorable.
Answer:
it would have effects on the demand
Explanation:
this would have more affect on the demand because there are more people that want the Supply
Answer:
D. $137
Explanation:
Using FIFO method, that is first in, first out
After Sale on October 8 we have 7 unit left in the inventory which cost $77
A new purchase was made for 15 units at $12 per unit on October 20, totaling current inventory in unit to 21 unit.
Therefore
Sale on October 25 of 12 unit
= 7 units at $77 + 5 units at $(5 × 12)
= 77 + 60
= $137
Answer:
Option C.The payment made by Cordelia but not the payment made by Rupert.
Explanation:
Based on the information given we were told that Rupert did the right thing and as well follow the due process and custom of the country because he fills out the license paperwork and as well takes the license paperwork to the correct office in which he pays the front desk person the amount of $100 to process the paperwork while Cordelia on the other hand violated the Foreign Corrupt Practices Act reason been that due to the connections she had in that country she went ahead to schedules an appointment with the minister in charge of commerce because the minister has the authority to determine the foreign companies that can get licenses and she as well pays the minister the amount of $200 to approve their license.
Therefore based on the scenario we can vividly say that the payment made by Cordelia but not the payment made by Rupert violated the Foreign Corrupt Practices Act.
