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4 years ago

TB MC Qu. 9-336 Puvo, Inc., manufactures a single product in which ...

Business

1 answer:

Anna007 [38]4 years ago

7 0

Answer:

Variable manufacturing overhead rate variance= $4,596 unfavorable

Explanation:

Giving the following information:

Variable manufacturing overhead 0.50 hours $8.80 per hour $4.40

Actual direct labor hours= 1,200

Variable manufacturing overhead costs during March totaled $15,161.

To calculate the variable overhead rate variance, we need to use the following formula:

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 15,161/1,200= $12.63

Variable manufacturing overhead rate variance= (8.8 - 12.63)*1,200

Variable manufacturing overhead rate variance= $4,596 unfavorable

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Lens Care Inc. (LCI) manufactures specialized equipment for polishing optical lenses. There are two models - one mainly used for

zmey [24]

Answer:

1. Product cost for model B-13

Various Manufacturing cost = Cost driver * Activity Rate

Materials handling = 180 parts x $2.40 = $432.00

Manufacturing Supervision = 7.50 machine hours x $14.80 = $111.00

Assembly = 180 parts * $3.30 = $594.00

Machine setup = 3 setups * $56.50 = $169.50

Inspection and testing = 1.50 inspection time * $45.50 = $68.25

Packaging = 0.75 packaging time * $19.50 = $14.63

Total Manufacturing cost =$432.00 + $111.00 + $594.00 + $169.50 + $68.25 + $14.63 = $1389.38

Particulars Amount$

Direct Materials 150.50

Manufacturing cost 1,389.38

Total Product cost 1,539.88

The product cost for model B-13 is $1,539.88

2. Product cost for model F-32

Various Manufacturing cost = Cost driver * Activity Rate

Materials handling = 110 parts * $2.40 = $264.00

Manufacturing Supervision hours = 6.20 machine hours * $14.80 = $91.76

Assembly = 110 parts * $3.30 = $363.00

Machine setup = 2 setups * $56.50 = $113.00

Inspection and testing = 1.25 inspection time * $45.50 = $56.88

Packaging = 0.50 packaging time * $19.50 = $9.75

Total Manufacturing cost = $264.00 + $91.76 + $363.00 + $113.00 + $56.88 + $9.75 = $898.39

Particulars Amount$

Direct Materials 95.90

Manufacturing cost 898.39

Total Product cost 994.29

Hence, the product cost for model F-32 is $994.29.

3. Particulars Amount$

Sales 1,690.00

Less: Product cost 1,539.88

Product Margin 150.12

Hence, the product margin for Model B-13 is $150.12

4. Particulars Amount$

Sales 922.00

Less: Product cost 994.29

Product Margin -72.29

Hence, the product margin for Model F-32 is -$72.29

8 0

4 years ago

A value-based pricing strategy most likely begins with ________.

noname [10]

A value-based pricing strategy most likely begins with looking at their customers needs.

When you have a value-based pricing strategy, you are determining price based on the value you think your good or service will be valued at to the customer. Retailers can generally sell their items for more than cost of the product if the value is perceived by the customer to be high.

7 0

4 years ago

Three years ago shawheen deposited 5,000 in a savings account

krek1111 [17]

what's the question???????

8 0

3 years ago

JOSEPH HAS TAKEN A SICK DAY, ALTHOUGH HE IS NOT ACTUALLY SICK. THIS IS AN EXAMPLE OF A DECISION THAT IS LEGAL, BUT NOT _____

Lyrx [107]

The correct answer would be, Ethical.

Joseph has taken a sick day, although he is not actually sick. This is an example of a decision that is legal but not Ethical.

Explanation:

Ethics are basically the moral principles that shape a person's behavior. This is something which tells us that how a person morally behaves in a situation.

In businesses, there are some code of conducts that are the rules and regulations, prescribed by the companies.

When a person violates a moral principle, it is called as the Ethical Violation. There is usually no legal action against the ethical violations, but it is not always the case. People may be charged for violating the code of conduct in organizations.

Decisions like taking a day off due to sickness when you are not actually sick is an example of decision which is legally right but ethically, it is totally wrong.

Learn more about Ethical Violations at:

brainly.com/question/13807907

#LearnWithBrainly

6 0

3 years ago

Payne Company reported the following information for the current year: Sales $ 840,000 Average operating assets $ 340,000 Desire

const2013 [10]

Answer:

Residual income will be $13200

So option (c) will be correct answer

Explanation:

We have given Sales = $840000

Average operating assets = $340000

Desired ROI = 12%

Net income = $54000

We have to find the residual income

Residual income is given by

Residual income = Net income - ( Average operating assets× desired ROI )

= $54000 - ( $340000 ×0.12 ) = $13200

So option (c) will be correct answer

4 0

3 years ago