1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
3 years ago
11

Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows:

(a) Units produced: 79,600; (b) Direct labor: 158,900 hours at $18.10; (c) FOH: $831,000; and (d) VOH: $112,400. Required: Compute the variable overhead spending and efficiency variances. Compute the fixed overhead spending and volume variances.
Business
1 answer:
Leya [2.2K]3 years ago
7 0

Answer:

Please see the attachment

Explanation:

Please see the attachment

Download pdf
You might be interested in
The Big Black Bird Company (BBBC) has a large order for special plastic-lined military uniforms to be used in an urgent military
kap26 [50]

Answer:

A. Multifactor productivity

Original Value of output 2500 un. x $200/un. = $500,000 Value of input 2500 un x $120/un. = $300,000 Multi-factor productivity $500,000/$300,000 = 1.67 Overtime Value of output 4000 un. x $200/un. = $800,000 Value of input 4000 un. x $144/un. = $576,000 Multi-factor productivity $800,000/$576,000 = 1.39 Multi-factor productivity (1.67 – 1.39) / 1.67 = 16.8% decrease

B. LABOR PRODUCTIVITY

Original Value of output 2500 un. x $200/un. = $500,000 Input = (100 people x 40 hr/person) = 4000 hours Labor productivity $500,000/4000 hr = $125/hr Overtime Value of output 4000 un. x $200/un. = $800,000 Input = (100 people x 72 hr/person) = 7200 hours Labor productivity $800,000/7200 hr = $111/hr Labor productivity ($125/hr – $111/hr) / $125/hr = 11.1% decrease

C.GROSS PROFITS

Original $500,000 - $300,000 = $200,000 Overtime $800,000 - $576,000 = $224,000

$24,000 increase

5 0
3 years ago
A Japanese steel firm sells steel in the United States and in Japan. Since the United States buys steel from a number of differe
Nostrana [21]

Answer:

Charge a lower price in the United States and a higher price in Japan.

7 0
3 years ago
In the out line above which sub topic is incorrectly placed under a topic heading
DerKrebs [107]

i think its computer assembly and repair.

5 0
3 years ago
Cecelia's government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the
amid [387]
The choices can be found elsewhere and as follows:

<span>A. a market system
B. a planned system
C. a mixed system
D. none of the above

I think the correct answer is option B. </span>Cecelia's government can be considered a planned system. It <span>is an economic </span>system<span> in which inputs are based on direct allocation. Hope this answers the question. Have a nice day.</span>
5 0
3 years ago
The limited liability of a stockholder in a closely-held corporation may be challenged successfully if the stockholdera. Underca
lina2011 [118]

Answer:

The correct Option is A

Explanation:

When the limited liability of the stockholder and it is a closely held corporation which might be challenged successfully if the stockholder, undercapitalized the corporation  which means that the corporation does not have enough capital to pay creditors and conduct normal operations of the business and it will be done when it is established or formed.

5 0
3 years ago
Other questions:
  • Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $10,000. If the issuing corporation red
    15·2 answers
  • This is the person or persons who offers a good or service.
    6·1 answer
  • Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s
    9·2 answers
  • A period of very low inflation would most likely lead to
    11·2 answers
  • Like a good economist, you calculated the opportunity cost of getting your college degree. suppose that at your university, you
    8·2 answers
  • Integrated communications are necessary to achieve situational awareness. (True/False)
    14·1 answer
  • Happy Helpers Maid Service is calculating its standard direct labor rate. The direct labor rate is $12 per hour. Happy Helpers i
    14·1 answer
  • In terms of global business strategy, the governance of ________ firms has been likened to a federal structureâ "strong central
    8·1 answer
  • A mother with a sick child accidentally gives her child a fever reducer that is meant for adults, rather than a fever reducer me
    14·1 answer
  • How can being open to transfers help employees in their career growth?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!