1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

                       

You might be interested in
What power has social media granted companies that they had never had before
VashaNatasha [74]
The social media have a lot of benefits to offer to companies, these benefits can not be derived from anywhere else. One of the benefits that businesses gain from social media is the opportunity to market and advertise their products, making their products known to people all over the world. Social media has made it possible for local companies to be known globally, thus increasing their status and profits. <span />
6 0
3 years ago
A business goes to the trouble and expense of segmenting _________.a. its markets when its customers are dissatisfied. b. it exp
malfutka [58]

Answer:

b. it expects that this will increase sales and profits

Explanation:

6 0
3 years ago
In 20X8, the following pledges were made: $35,000 in unrestricted contributions for use in 20X8; $20,000 in contributions restri
Triss [41]

Answer: $455,000

Explanation:

As the question states what will be the pledges receivable for 20x8 therefore, we will calculate all the pledges:

$35,000 + $20,000 + $400,000 = $455,000

Hence, the answer is $455,000 as we take into account all the pledges for the year 20x8.

8 0
2 years ago
If you ignore a margin call, your broker:
MArishka [77]

Answer:

The correct answer is letter "D": may sell some of your securities to repay the margin loan.

Explanation:

A Margin Call is issued when the equity in a margin account falls below a certain level. In the U.S. this level is set by the Federal Reserve (Fed) Board "Regulation T". Many brokers have their margin requirements known as "house requirements" usually with maintenance levels of 30 to 40%.

When a margin account falls below the margin limit and the trader ignores this, the broker can sell some of the securities of the trader to cover the margin losses.

6 0
3 years ago
What employment positions at a hotel can also be found in almost any business?
Rina8888 [55]

Answer:

Manager

Assistant Manager

Janitor

Support Staff :))?

Explanation:

3 0
2 years ago
Other questions:
  • In a certain economy, the components of planned spending are given by:
    9·1 answer
  • You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to app
    14·1 answer
  • Which of the following is not a type of savings account? A) money market savings B) savings bonds C) basic savings D) certificat
    14·2 answers
  • An electronic card that is directly connected to a checking account is known as a ____.
    12·2 answers
  • Instead of only meeting the goals of upper management, Malcolm also could have tried to meet the goals of his team members. This
    9·2 answers
  • Economies of scale:
    6·1 answer
  • Explain the difference between implicit and explicit costs
    11·1 answer
  • The ledger of Shamrock, Inc. on March 31, 2022, includes the following selected accounts before adjusting entries.
    10·1 answer
  • What does this sign mean?
    14·1 answer
  • In 1989, Kodak chose a(n) _____ approach to outsourcing IS activities and chose to work with suppliers like IBM, DEC and Busines
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!