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marusya05 [52]
3 years ago
15

Manufacturing builds playground equipment that it sells to elementary schools and municipalities. Schengen's management has cont

racted you to perform a variance analysis on the fixed manufacturing overhead for its line of slides. Schengen's cost accounting team informs you that it allocates fixed overhead based on machine hours. This period production was budgeted at 375 slides. Budgeted and actual production data follows:
Standard fixed overhead cost per machine hour $11
Standard machine hours per slide 6
Actual production 395
Actual fixed overhead cost $27,50
What is the fixed manufacturing overhead volume variance in this​ period?
A. $18,425 unfavorable.
B. $15,975 unfavorable.
C. $15,975 favorable.
D. $18,425 favorable.
Business
1 answer:
Julli [10]3 years ago
3 0

Answer:

Volume variance    $1,320  Favorable

Explanation:

The fixed overhead volume variance is the difference between the actual and budgeted production unit multiplied by the standard fixed production overhead cost per unit.

Standard fixed overhead cost per unit = $11×6 =  116

                                                                                             Units

Budgeted     units                                                               375

Actual            units                                                              <u>395</u>

Volume variance                                                                  20

Standard fixed overhead cost                                        <u>× $66 </u>

Volume variance                                                              <u>  $1,320   Favorable</u>

                       

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3 years ago
On an afternoon that a class meets, you could alternatively study for an exam that will take place in another class the next mor
EastWind [94]

Answer:

D) being unable to engage in all three of the above activities.

Explanation:

An opportunity cost is the cost (or lost benefit) of choosing one activity or investment over another. In this case, if the student decides to attend afternoon class, he/she will not be able to benefit from:

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So all the three activities represent the opportunity cost of attending afternoon class.

4 0
3 years ago
Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
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8 0
2 years ago
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8 0
3 years ago
You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years
Vesnalui [34]

Answer:

g = 16%

dividends yield:

Year 1 4.60%

Year 3: 4.78%

<u>expected rate of return: </u>

year 1 20.6%

year 3 20.78%

<u></u>

Explanation:

<u>grow rate:</u>

D1 /D0 = g

1.16/1.00 - 1 = 0.16

1.3456/1.16 - 1 = 0.16

the grow rate is 16%

<u>dividend yield:</u>

dividends/stock price =  dividend yield

1/21.7 = 0,0460 = 4.60%

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<u>expected rate of return: </u>

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4.60% + 16% = 20.6%

4.78% + 16% = 20.78%

8 0
3 years ago
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