The right answer for the question that is being asked and shown above is that: "b. benefits." Fern agrees to sell her guitar for $30 because she expects to gain more than she benefits from this sale.
Answer:
C. 280,000 270,000
Explanation:
Units Started and Completed: Total Units in Process during April - Work in Process Units at April 30
Equivalent Units of Production (Weighted Average Method): Units Started and Completed + Ending Inventory x % Completion
Units Started and Completed: 280,000 units - 25,000 units = 255,000
Equivalent Units of Production Materials: 255,000 + 25,000 x 100% = 280,000
Equivalent Units of Production Conversion Costs: 255,000 + 25,000 x 60% = 270,000
Answer:
1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.
2. The fixed overhead budget variance is $4,000 unfavourable and the fixed overhead volume variance is $10,000 favourable.
Explanation:
In order to calculate the the fixed portion of the predetermined overhead rate for the year we would have to use the following formula:
predetermined overhead rate for the year=<u>Total fixed overhead cost year</u>
Budgeted direct labor-hours
=$ 250,000/25,000
=$10,000
1. The fixed portion of the predetermined overhead rate for the year is $10,000 per direct labor hour.
In order to calculate the fixed overhead budget variance, we use the following formula:
2. fixed overhead budget variance=Actual fixed overhead cost for the year- budgeted fixed overhead cost for the year
=$ 254,000-$ 250,000
=$4,000 unfavourable
In order to calculate the fixed overhead volume variance, we use the following formula:
fixed overhead volume variance=budgeted fixed overhead cost for the year-fixed overhead appliead to work in process
=$ 250,000-(26,000×10)
=$10,000 favourable
Answer:
observation
Explanation:
Based on the information provided within the question it can be said that in this scenario Bianca will most likely use observation. That is because the best way of gathering this information is to observe each customer as they walk out of the store and see which store they go into next. This information can be written down and reviewed later.
Answer: A. Traditional Model
Explanation:
Strategic planning enables a company to properly plan out what their long term goals and visions are which would help them in operations because it would give them a view of what they are working towards.
A key part of strategic planning involves knowing the operating environment so as to be able to plan better. If this is not well know, the company should go with a traditional/ basic model that would enable them to plan with minimal knowledge and experience until they know better.
