Answer:
This question is incomplete, here's the complete question:
World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company expects to use 25,000 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.625 direct labor hours per unit. At the 80% capacity level, the total budgeted cost includes $50,000 fixed overhead cost and $275,000 variable overhead cost. In the current month, the company incurred $305,000 actual overhead and 22,000 actual labor hours while producing 35,000 units.
(1) Compute the overhead volume variance.
(2) Compute the overhead controllable variance.
Explanation:
kindly check the attached image below to see the answers to the question above.
Answer:
The correct answer is letter "C": Globalized market.
Explanation:
Globalized markets are those characterized by trade networks among countries cooperating with the commercialization of products and services of each other. Countries with globalized markets tend to gather to define the trade conditions as well to negotiate lower tariffs to allow the increase of exports, thus, a boost in their economies.
Answer:
the value of the stock as on Feb 4 is $15,920
Explanation:
The computation of the value of the stock as on Feb 4 is shown below:
The New stock price is
= $82.75 per share - $3.15 per share
= $79.60 per share
Now the value of the stock would be
= Number of shares of stocked owned × new stock price
= 200 shares × $79.60 per share
= $15,920
Hence, the value of the stock as on Feb 4 is $15,920
Answer:
Option D is the correct answer.
Explanation:
- <u>First-in, first-out</u> method is when you use the cost of the inventory you bought at the beginning of the year and multiply it with sales to determine cost of inventory that you have sold. Any remaining inventory from when you bought it for the first time at the cost that you paid at the time when you bought it is used. Usually grocery shops use this method.
- <u>Average cost</u> method is when you take an average of the costs of the inventory you bought and then multiply that cost with the number of inventory sold.
- <u>Last-in, first-out</u> method is when you use the cost of the inventory you recently bought and multiply it with number of inventory sold to determine cost of inventory that you have sold.
- <u>Specific Identification</u> method is used on inventory that is sold infrequently such as gold.
Open excel and go to file then open and the revenue file will just be there.