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Irina-Kira [14]
3 years ago
7

A job order cost system uses a predetermined factory overhead rate based on expected volume and expected fixed costs. At the end

of the year, under applied overhead might be explained by which of the following situations?
Business
2 answers:
WINSTONCH [101]3 years ago
7 0

Answer:

Actual Volume = if the total output is less than expected, the estimated overhead rate will be under applied. In the formula for calculating overhead rate, if the denominator reduces, the result will increase.

Actual Fixed Costs = if the total overhead costs are higher than expected, the estimated overhead rate will be under applied. In the formula for calculating overhead rate, if the numerator increases, the result will increase.

Explanation:

overhead rate = total estimated fixed costs ÷ total estimated output

                        = $ per unit of output

olya-2409 [2.1K]3 years ago
4 0

Answer:

Actual volume: Actual fixed Cost:

Less than normal; Greater than expected

Explanation:

Job order costing may be utilized for numerous different businesses, and each business retains records for one or more inventory accounts. The manufacturing industry keeps a trail of the costs of each inventory account as the product is shifted from raw materials inventory into work in process, through work in process, and into the finished goods inventory

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Answer:

B. Public relations

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at the phase 3 meeting, the project manager will outline the process to . a.) transfer the deliverables into operational state a
alexandr1967 [171]

The project manager will outline how to transfer the deliverables in operational status and formally close the project at the phase 3 meeting.  So, the correct option choice for this question would be option (b).

<h3>Write a short note on project management.</h3>

Project management may be regarded as the process of overseeing a team's activity to complete all project objectives within the established parameters. Usually, explanations of this information are included in the project documentation that is created at the beginning of the development process. Scope, budget and time are the three basic constraints. The other issue is how to best distribute the required inputs while still using them to accomplish predetermined objectives.

To deliver a finished product that satisfies the client's needs is the aim of project management. Modifying the client's brief to better effectively accomplish the client's aims is typically the goal of project management. Once the client's objectives are known, they should direct all other project members' decisions.

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4 0
1 year ago
Best Appliances owns​ 90% of the voting stock of​ Wratchet, Inc. Which of the following is​ true? A. Wratchet would be considere
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Answer:

B. Best would be considered the parent entity.

Explanation:

When a company owns another companies stock of 90% or more it would be considered as parent entity. The parent entity can control the the subsidiary. The financial statements will be consolidated into parents companies accounts.

6 0
3 years ago
For 2020, your company planned on selling 10,000 units of its highest priced product - Fish Sticks, which is also its highest ma
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With regards to the above question, the company has a negative sales mix variance. First and foremost, we should know that the sales mix variance simply has to do with the difference between the actual sales mix and the budgeted sales mix of a company or organization.

From the question, there'll be negative sales mix variance and this will bring about a reduction in the revenue of the company as the budgeted sales will be lesser than actual sales. Therefore, Profit also reduces.

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