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steposvetlana [31]
3 years ago
6

Ros Corporation's flexible budget cost formula for indirect materials, a variable cost, is $0.90 per unit of output. If the comp

any's performance report for last month shows a $500 unfavorable spending variance for indirect materials and if 8,000 units of output were produced last month, then the actual costs incurred for indirect materials for the month must have been:a. $7,650b. $7,700c. $7,200e. $6,700
Business
1 answer:
Dominik [7]3 years ago
3 0

Answer:

b. $7,700

Explanation:

Ros Corporation

Budget cost  indirect materials, $0.90 per unit of output

Budget cost  indirect materials$0.90 *8000= 7200

Spending variance$500 Unfavorable

Spending variance = Actual Costs - Budgeted Costs

$500 Unfavorable = Actual  Costs-  $0.90 *8000

$500 Unfavorable = Actual  Costs-  7200

Actual Costs = 7200 + 500= $7700

As spending variance is unfavorable it means that the actual costs are higher than the budgeted cost. So we get the actual costs by adding the spending variance to  the budgeted costs.

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ohaa [14]

Answer: (D) Industry convergence

Explanation:

 The industry convergence is basically representing the fundamental growth in an organization and it basically helps in defining the various types of industries boundaries according to the business principle.

The industry convergence is the way for applying the knowledge by using the various types of technology related application in the industry.

According to the given question, the emergence of the smartphones industry with the different types of given application best illustrating the industry convergence concept.

Therefore, Option (D) is correct answer.

6 0
3 years ago
Do you think that interest and capacity play a great role to get success in a profession?Give your opinion.​
Citrus2011 [14]

Answer:

For many people, interest is a driving factor for motivation and happiness in their life. Interest is one of the important parts while choosing a career. When we love what we are doing, we will always put our best performance forward and strive to learn more. Consequently, that will enhance our self-confidence as well.

Explanation:

It is important to know yourself and your capacities. Your strengths are things you can leverage on, things you can use to push yourself further. On the other hand, your weaknesses are not your downfall. So,interest and capacity is important in our career.

4 0
3 years ago
Lesa drives her car approximately 18,000 miles per year. During the most recent year, she drove 7,000 miles commuting to and fro
White raven [17]

Answer:

The answer is: 4,500 miles

Explanation:

Lesa can only deduct 4,500 miles as transportation expenses form her taxable income. She could include any other related expenses like parking fees, tolls, etc., that she spent during her business related trips.

The 7,000 miles she drove to and form work are not considered business expenses, since going to work is not an actual part of working. It's like an employee trying to get paid for the time he or she spends in a bus going to work.

3 0
3 years ago
Arturo​ Manufacturing, Inc. provided the following information for the​ year: Beginning Balancelong dash​Work-in-Process Invento
11111nata11111 [884]

Answer:

Cost of good manufactured=  $841700

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= $152000

Direct materials = beginning inventory + purchase - ending inventory= 269000 +131000 - 52000= 348000

Direct labor= 73120

Manufactured overhead=ndirect Materials + Indirect Labor + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance= 52700 + 133500 + 73780 + 71600= $331580

Ending work in progress= 63000

Cost of good manufactured= 152000 + 348000 + 73120 + 331580 - 63000= $841700

3 0
3 years ago
True or False: The purpose of a Sprint is to produce a valuable and useful Increment of working product.
melamori03 [73]

Based on the business management system, it is <u>True</u> that the purpose of a Sprint is to produce a valuable and useful Increment of working products.

<h3>What are Sprints?</h3>

Generally, Sprints is a brief, time-boxed period utilized by the scrum team to complete a set amount of work rapidly.

Sprint as a time-box of a month or less is used by working teams to enhance their working activities.

Hence, in this case, it is concluded that the correct answer is "<u>True</u>."

Learn more about Sprints here: brainly.com/question/5776421

7 0
3 years ago
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