Answer:
Controllable variance
Explanation:
The controllable variance is the combination of the variable overhead, fixed overhead spending variance and together with this, the variable overhead efficiency variance is also involved
Hence, as per the given situation, the controllable variance is to be considered
Therefore the above represents the answer
Please forgive me if I’m wrong
I think it would be a.true
Answer:
The correct option is C
Explanation:
As company is producing or manufacturing in the area Chicago and produce or make the dryers and small washers for countries where the consumers have less living space. So, it participates in the global market by exporting. As exporting refers to exporting or transfer the goods to another country as they are produced in another country.
Answer:
1 $126
2 $140
3 90%
Explanation:
1. Overhead applied = Closing balance of job - (opening balance of job + prime cost added to the job during the month
= $1,921 - ($1,235 + $560)
= $1,921 - $1,795
= $126
2. Direct labor for job 46 for July.
Direct labor = prime cost / ( 3 parts of direct materials + 1 part of direct labor)
Direct labor = $560 / 4
Direct labor = $140
Therefore, direct labor for job 46 for July is $140
Direct materials for job 46 for July
= Direct labor cost × 3(This is due to the fact that prime cost includes 3 parts of direct materials
= $140 × 3
= $420
3. Overhead rate for the company
= [($126 / $140) × 100
= 90%
