delegate tasks so that a subordinate can see a project or assignment through to completion; allow time to get the task done.

A company has budgeted fixed overhead of $1.00 per hour at expected capacity of 5,000 units which has a standard quantity of 2 h

Nastasia [14]

Answer:

$1,600 Unfavorable

Explanation:

Given that,

Budgeted fixed overhead = $1.00 per hour

Expected capacity = 5,000 units

Standard quantity = 2 hours per unit

Actual units produced = 5,200

Total overhead costs = $12,000

Controllable variance:

= Actual Overhead cost - Budgeted cost of actual production

= $12,000 - (Actual units produced × Budgeted fixed overhead × Standard quantity)

= $12,000 - (5,200 × $1 × 2)

= $12,000 - $10,400

= $1,600 Unfavorable

7 0

3 years ago

Linda owns and runs her own firm. She also serves on the boards of several companies. Although she does not work for these compa

Vlad [161]

Answer:

<h2>The answer, in this case, would be true or option a) given in the answer choices.</h2>

Explanation:

In any business, an outside director is commonly identified as an individual who is officially not an employee or a shareholder of the company or business enterprise.
An outside director can board meetings, analyze essential business information and interact and share opinions with the shareholders regarding company decisions and operational modes.
The outside director is also eligible to receive certain financial benefits such a periodic annual fee and other stock/bond investment options.

6 0

3 years ago

Bob Denton of Denton Pest Control buys equipment from Allied Tools because Allied hires him to spray its warehouse for insects p

umka2103 [35]

Answer:

C) reciprocity

Explanation:

Based on the information provided within the question it can be said that this scenario is an example of reciprocity. This term refers to exchanging one thing for another in which both parties benefit in their own unique way. Which is the case since Bob buys equipment from Allied Tools which generates revenue for Allied Tools thus benefiting them, and Allied Tools hires Bob periodically which generates revenue for Bob thus benefiting him.

7 0

3 years ago

Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor

myrzilka [38]

Answer:

Specter Co.

The amount reported on the year-end balance sheet for cash and cash equivalents is:

= $31,100.

Explanation:

a) Data and Calculations:

Cash deposit in checking account = $16,000

Bond investment due in 20 years = $46,000

US Treasury bill due in 1 month = $11,500

3-year loan to an employee = $850

Currency and coins = $3,600

Accounts receivable $1,150

Cash and Cash Equivalents:

Cash deposit in checking account $16,000

US Treasury bill due in 1 month 11,500

Currency and coins 3,600

Total cash and cash equivalents = $31,100

b) Cash and Cash Equivalents are Specter's assets that are in the form of cash (currency and coins) and Specter's assets that can be readily converted into cash (Treasury bills and notes, commercial papers. certificates of deposit, money market funds, and cash management pools).

4 0

3 years ago

Communist countries usually have economies. A command economy that still allows private property and ownership is called. A comm

aalyn [17]

Answer:

1. command

2. socialism

3. communism

Explanation:

1. Communist countries usually have command economies.

2. A command economy that still allows private property and ownership is called a socialism.

3. A command economy in which the government controls everything is called communism.

8 0

3 years ago