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aleksley [76]
3 years ago
6

The following information relating to a company's overhead costs is available. Col1 = Actual total variable overhead, Actual tot

al fixed overhead, Budgeted variable overhead rate per machine hour, Budgeted total fixed overhead, Budgeted machine hours allowed for actual outputCol2 = $ 73,000, $ 17,000, $ 2.50, $ 15,000, 30,000 Based on this information, the total variable overhead variance is:A) $2,000 favorable.
B) $6,000 favorable.
C) $2,000 unfavorable.
D) $6,000 unfavorable.
E) $1,000 favorable.
Business
1 answer:
Free_Kalibri [48]3 years ago
5 0

Answer:

A) $2,000 favorable

Explanation:

Actual total variable overhead = $ 73,000

Actual total fixed overhead = $ 17,000

Budgeted variable overhead rate per machine hour = $ 2.50

Budgeted total fixed overhead = $ 15,000

Budgeted machine hours allowed for actual output = 30,000

Budgeted variable overhead = $ 2.50 x 30,000 = $ 75,000

Variable overhead variance = Budgeted variable overhead - Actual total variable overhead

Variable overhead variance = $ 75,000 - $ 73,000 = $ 2,000

Since the actual value is under the budgeted value, the variable overhead variance is $2,000 favorable.

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Explanation:

In order to calculate the​ price/book ratio we would have to calculate the following formula:

price/book ratio=Market price per share/Equity book value per share

Market price per share=price earnings ratio*earnings per share

Market price per share=$12.25*3

Market price per share=$36.75

Equity book value per share=stockholders equity/shares of common stock outstanding

Equity book value per share=$750,500/$50,000

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price/book ratio=2.45

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This price/book ratio indicates to shareholders that the company have a greater value than the book value, hence shareholders would buy more shares.

3 0
3 years ago
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Answer:

96%

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crimeas [40]

4320 .  this prob would have been answered faster under the mathmatics topic


8 0
3 years ago
The difference between the present value of future cash inflows and the present value of future cash outflows of an investment p
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Answer:

The correct answer is "Net present value"

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According to the scenario, the given data are as follows:

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7 0
3 years ago
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