Answer:
A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.
A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.
Answer:
$540,000
Explanation:
The amount on of variable manufacturing overhead cost to be included in the company's planning budget for March is budgeted production units of 20,000 units multiplied by standard direct labor hours of 3 hours per unit multiplied by cost of direct labor hour used for variable overhead which is $9.
budgeted variable overhead cost for March=20,000*3*$9=$540,000.00
However, the actual cost of variable manufacturing overhead for the month is $612,300,hence an adverse variance of $72,300 is recorded ($612,300-$540,000)
Answer:
Allocated MOH= $128,000
Explanation:
Giving the following information:
Predetermined overhead rate= 160% of direct material cost.
Actual direct material= $80,000
<u>To allocate overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.6*80,000
Allocated MOH= $128,000
Answer:
Explanation:
Firs, find the markup amount in dollars;
Markup amount = Cost * markup rate
Cost = $22
markup rate = 30% or 0.30 as a decimal
Markup amount = 0.30*22 = $6.6
Next, find the retail price using the markup amount calculated above;
Retail Price = Markup amount + cost
Retail price = $6.6 +$22
= $28.6
Therefore, the sneakers retail price is $28.6
Answer:
b. $(6,800)
Explanation:
The computation of the gain or loss recorded for the equipment B is shown below:
Fair value of old equipment $54,800
Less: book value of old equipment $61,600
Pensacola would record a gain /(loss) (-$6,800)
Since the book value is more than the fair value so the Pensacola would received a loss of -$6,800
Hence, the correct option is B.