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Alla [95]
3 years ago
5

In October, Glazier Inc. reports 42,000 actual direct labor hours, and it incurs $194,000 of manufacturing overhead costs. Stand

ard hours allowed for the work done is 40,000 hours. Glazier’s predetermined overhead rate is $5.00 per direct labor hour.
Compute the total manufacturing overhead variance. Identify whether the variance is favorable or unfavorable? Total manufacturing overhead variance $
Business
1 answer:
saveliy_v [14]3 years ago
6 0

Answer:

Over= $16,000 favorable

Explanation:

Giving the following information:

In October, Glazier Inc. reports 42,000 actual direct labor hours, and it incurs $194,000 of manufacturing overhead costs. Standard hours allowed for the work done is 40,000 hours. Glazier’s predetermined overhead rate is $5.00 per direct labor hour.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 5*42,000= 210,000

Over/under allocation= real MOH - allocated MOH

Over/under allocation= 194,000 - 210,000= 16,000 favorable

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Total quality management__________.
artcher [175]

Answer:

c. gives all employees the responsibility for achieving quality goals.

Explanation:

Total quality management is the process by which processes are continuously streamlined to avoid errors, improve experience of customers, and maintain training of employees. Every employee takes responsibility for producing final quality product.

The main focus of total quality management is to produce quality product by continuously improving the manufacturing process.

Although TQM originated in the manufacturing industry, it is applied in banking, finance, and medicine.

3 0
3 years ago
The pharmaceutical industry is extremely dynamic. A company that releases a product to the general public with the intention of
miv72 [106K]

Answer:

"Threat Of Substitutes"

Explanation:

According to my research, the five forces model is a framework for analyzing the competitive environment that a company is will be going up against. That being said, based on this model this type of threat is called the "Threat Of Substitutes". This is defined as "the level of risk that a company faces from replacement by its substitutes"

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Storico Co. just paid a dividend of $3.15 per share. The company will increase its dividend by 20 percent next year and then red
ololo11 [35]

Answer:

The price of the stock today or the price at which the stock should sell today is $61.30

Explanation:

The price of the stock today can be calculated using the Dividend Discount Model approach which values a stock based on the present value of the expected future dividends from the stock. The price of this stock will be,

P0 = 3.15 * (1+0.2) / (1+0.12)  +  3.15  * (1+0.2) * (1+0.15)  /  (1+0.12)^2  +  

3.15 * (1+0.2) * (1+0.15) * (1+0.1) / (1+0.12)^3  +  

[(3.15 * (1+0.2) * (1+0.15) * (1+0.1) * (1+0.05) / (0.12 - 0.05))  / (1+0.12)^3]

P0 = $61.296 rounded off to $61.30

5 0
2 years ago
Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they wi
myrzilka [38]

According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)

<h3>What is a finance charge?</h3>

A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.

In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.

While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.

Note: This question is incomplete because the image is missing. Here is the image.

Learn more about payment in: brainly.com/question/15138283

5 0
1 year ago
A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.
kati45 [8]
D - Accounting manager : they supervise, monitor and evaluate all day-to-day accounting activities.

Hope that helped :)
4 0
2 years ago
Read 2 more answers
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