Answer:
Total fixed overhead variance: $
Standard fixed overhead cost ($2 x 62,000 units) 124,000
Less: Actual fixed overhead cost <u>98,000</u>
Total fixed overhead cost <u> 26,000(F)</u>
Fixed overhead rate = <u>Budgeted fixed overhead cost</u>
Budgeted output
= <u>$104,000</u>
52,000 units
= $2 per unit
Explanation:
Total fixed overhead variance is the difference between standard fixed overhead cost and actual fixed overhead cost. Standard fixed overhead cost is equal to standard fixed overhead rate multiplied by actual output.
The three steps to follow when organizing your notes to create a study guide are c<span>omparing notes, rewriting notes, synthesizing notes.
First of all, the best thing would be to take all of your notes (and perhaps those from your colleagues) and compare them to see if you missed something. Then, it is advisable to rewrite them so that everything is neat and organized, and easier to study from there. In the end, you synthesize all notes you and your colleagues wrote to create the ultimate notes.
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Answer:
Date Account titles & Explanation Debit Credit
Sep 04 Purchases (70 backpacks*$50) $3,500
Accounts payable $3,500
Sep 06 Accounts payable $300
Purchase return and allowances $300
Sept 09 Accounts receivable $1,260
(15 backpacks*$84)
Sales $1,260
Sept 13 Accounts payable $3,200
(64 backpacks*$50)
Purchase discount (3,200*2%) $64
Cash (3,200*98%) $3,136
Answer:
b
Explanation:
describe the elements of a strategic marketing plan
Answer:
can only be analyzed by projecting the sales and costs for a firm's entire operations.
Explanation:
To be able to effectively cut costs, an analysis of a company's sales and operating costs must be performed. In a cost-cutting situation, financial control will be an important predictor of competitive advantage, as the more detailed sales and cost projection and analysis, the more information the company will have to control inputs and outputs and design strategies that will assist. on long-term organizational success.
