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Tomtit [17]
1 year ago
15

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead wa

s underapplied during the period.
Business
1 answer:
Viefleur [7K]1 year ago
4 0

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead was underapplied during the period.

<h3>What does an unfavorable overhead volume variance mean?</h3>

An unfavorable volume variance indicates that the amount of fixed manufacturing overhead costs applied (or assigned) to the manufacturer's output was less than the budgeted or planned amount of fixed manufacturing overhead costs for the same time period.

Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company's profit will be less than expected.

To learn more about Unfavorable variance  visit the link

brainly.com/question/24064163

#SPJ4

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The Federal Open Market Committee can act almost immediately.
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3 years ago
Malik Boykin is paid $8.20 per hour. and time and a half for any work over 40 hours
Viefleur [7K]

<u>Pay of Malik Boykin:</u>

Step 1:

Adding the total hours for each week:

Week of 3/10 = 5.5+6+9+12+7 = 39.5

Week of 3/17 = 8+8.5+9+13+4.5+4 = 47

Step 2:

Any sum of 40 hours or less gets multiplied by the hourly salary:

Week of 3/10: 39.5\times\$8.20 = \$323.90 - That's the pay for that week

Week of 3/17: 40\times\$8.20 = \$328

Step 3:

For hours worked over 40 the salary is 1.5 times the normal salary:

\Rightarrow\$8.20\times1.5 = \$12.30

Now multiply the hours over 40 for that week by the time and a half:

\Rightarrow\$12.30\times7 = \$86.10

And adding it to the \$328 we get,

\$328+\$86.10=\$414.10

Therefore,  Week of 3/10: \bold{\$323.90}  and  Week of 3/17: \bold{\$414.10}

6 0
3 years ago
Which sales promotion tool is the best match for the growth in consumer (or user)-generated content?
Nataly [62]

Answer – Contests

 

The sales promotion tool which is the best match for the growth in consumer (or user)-generated content is CONTEST. This is basically because contests, if well designed gives a straightway answer to the basic question: “What’s in it for me?” through awards of money, goods, free service and even recognition.

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3 years ago
Tamarisk Corporation had net sales of $2,422,100 and interest revenue of $40,200 during 2020. Expenses for 2020 were cost of goo
Contact [7]

Answer:

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

5 0
3 years ago
Two firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution a
LekaFEV [45]

Answer:

It is likely that <em>C. Firm A will buy all of Firm B's pollution permits. Each one will cost between $100 and $200</em>.

Explanation:

  • So <em>two firms, A and B, each currently emit 100 tons</em><em> of chemicals into the air, and from now on each one will require </em><em>a pollution permit for each ton</em><em> of pollution emitted into the air</em>.
  • <em>Each firm gets 40 pollution permits</em><em>, which it can</em><em> either use or sell </em><em>to the other firm</em>. That means that if both firms choose to keep their respective 40 permits, they would still have to reduce the pollution by 60 tons (100 minus 40 is 60).
  • <em>It costs Firm A $200 for each ton of pollution that it eliminates</em><em> before it is emitted into the air</em>. Because it costs so much to eliminate a ton of pollution, it would make sense for Firm A to get as many pollution permits as possible, <u>as long as they get them for less than $200 each</u>.
  • It costs Firm B $100 for each ton of pollution that it eliminates before it is emitted into the air. Since here it costs less to eliminate a ton of pollution, it would make sense for Firm B to sell as many pollution permits as possible, <u>as long as they sell for higher than $100</u>.

With that in mind, the outcome that makes the most sense would be <em>Option C. Firm A will buy all of Firm B's pollution permits. Each one will cost between $100 and $200</em>. This way both firms spend the least amount of money while at the same time pleasing the government.

To demonstrate it, let's do some actual calculations for each case.

Case A) Both firms will use their own pollution permits.

In this case, each firm will have to independently reduce their pollutants by 60 tons, as noted before. That represents a high cost, as we will now determine:

For Firm A, the cost would be

60tons*200\frac{dollars}{ton}=12000dollars

For Firm B, the cost would be

60tons*100\frac{dollars}{ton}=6000dollars

Case B) Firm A will buy some of Firm B's pollution permits. Each one will cost less than $100.

Since Firm B could spend $100 to reduce a ton of pollution, it wouldn't sell its pollution permits for less than $100 each: <em>If Firm B sold its pollution permits for less than $100 each, it would have to reduce even more tons of pollutants (spending $100 for each one), and </em><em>would end up losing money</em>! Let's say it sold 10 pollution permits for $90 each, so it would have to reduce 70 tons of pollutants instead of 60. Its total cost would be:

Cost for Firm B (Case B):

70tons*100\frac{dollars}{ton}-(10*90dollars)=6100dollars

Which is higher than the cost calculated for Firm B in Case A, so it's not worth it.

Case D) Firm B will buy all of Firm A's pollution permits. Each one will cost between $100 and $200.

This is a similar case than Case B, in the sense that since it costs Firm A so much to reduce a ton of pollutant ($200 for each one), it wouldn't sell its pollution permits for less than $200 each, <em>or it would end up losing money as well</em>. Let's say Firm A sold all of its 40 pollution permits for $150 each, and so it would have to reduce 100 tons of pollutants instead of 60. Its total cost would be:

Cost for Firm A (Case D):

100tons*200\frac{dollars}{ton}-(40*150dollars)=14000dollars

Which is higher than the cost calculated for Firm A in Case A, so it's not worth it.

Finally, Case C) Firm A will buy all of Firm B's pollution permits. Each one will cost between $100 and $200.

As mentioned before, this one makes the most sense because both firms would spend the least amount of money. Let's determine the total costs for each one, knowing that:

  • Firm A would buy 40 pollutant permits from Firm B, for (let's say) $150 each.
  • Firm A would still need to reduce 20 tons of pollutants. And
  • Firm B would have to reduce 100 tons of pollutants, instead of 60.

Cost for Firm A (Case C):

(20tons*200\frac{dollars}{ton})+(40*150dollars)=10000dollars

Which is less than the $12000 Cost calculated in Case A.

Cost for Firm B (Case C):

(100tons*100\frac{dollars}{ton})-(40*150dollars)=4000dollars

Which is less than the $6000 Cost calculated in Case A.

<em>Since both firms each spend $2000 less in Case C than in case A, it would make sense for them to follow this option</em>.

4 0
3 years ago
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