Answer:
the material quantity variance is $1,350 unfavorable
Explanation:
The computation of the material quantity variance is given below:
Materials quantity variance is
= (Actual quantity × Standard price) - (Standard quantity × Standard price)
= (21,200 × $1.50) - [(2,900 × 7) × 1.5]
= $31,800 - $30,450
= $1,350 Unfavourable
Hence, the material quantity variance is $1,350 unfavorable
Answer:
Money is called any element that works in a given territory as a method of exchange of wealth and as a reserve of value, that is, it can be exchanged between individuals for other goods, and that in turn can be accumulated by each individual to add to your personal wealth. In this context, almost any item that has been commonly accepted as having these characteristics can be considered money. However, there are circumstances in which, either due to their lack of storage practicality, or their high value in itself, certain elements escape this possibility. This is the case of a gold ring, whose excessively high value and the impossibility of its fractionation take away the possibility of being used as a method of exchange.
Answer:
the correct answer is
(A) internal "disclosure controls and procedures.
good luck
Answer:
D. $7.30 per machine hour
Explanation:
The computation of Overhead Per Machine Hour is shown below:-
Overhead Per Machine Hour = Fixed Cost + Variable Overhead Cost ÷ Number of hours
= ($100,700 + (19,000 × $2)) ÷ 19,000
= ($100,700 + $38,000) ÷ 19,000
= $138,700 ÷ 19,000
= $7.30 per machine hour
So, for computing the Overhead Per Machine Hour we simply applied the above formula.
Answer:
The overhead applied to each unit of W2 under Activity-Based Costing is closest to $518.81
Explanation:
Find detailed computation in the attached.
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), (option a).