The culmination of preparing operating budgets is the

A business-cycle expansion is different from economic growth. a. True b. False

denis-greek [22]

Your answer is going to be true.

6 0

4 years ago

Barlow Company manufactures three products—A, B, and C. The selling price, variable costs, and contribution margin for one unit

Masja [62]

Answer:

Explanation:

For A:

SP = 180

Variable expenses:

DM 24

Other Variable expenses 102

Total Variable expenses = 102+24 = 126

Contribution margin = SP - Variable expenses = 180-126 = 54

Contribution margin per pound = 54/#pounds = 54/3 = $18/pound

*pounds = DM/material costs = 24/8 = 3 pounds

For B:

SP = 270

Variable expenses:

DM 80

Other Variable expenses 90

Total Variable expenses = 80+90= 170

Contribution margin = SP - Variable expenses = 270-170= 100

Contribution margin per pound = 54/#pounds = 100/10 = $8/pound

*pounds = DM/material costs = 80/8 = 10pounds

For C:

SP = 240

Variable expenses:

DM 32

Other Variable expenses 148

Total Variable expenses = 148+32= 180

Contribution margin = SP - Variable expenses = 240-180= 60

Contribution margin per pound = 54/#pounds = 60/4= $15/pound

*pounds = DM/material costs = 32/8 = 4pounds

2)

Maximum contribution margin that can be earned is by selling product A

6000*$18 = $108000

3)

Product A = 500 units*3*18 = 27000

pounds left (6000-(500*3))=4500

Product C (500*4*15) = 30000

pounds left (4500-(500*4))=2500

Product B (250 units*10*10) = 25000

Maximum contribution margin:

Product A 27000

Product B 30000

Product C 25000

Total 82000

4)

Product A and Product B demand is completely utilised by

own stock

For Product C more pounds are needed. That is why maximum

price that can be paid is $10 for additional raw material, which is the contribution margin of product C.

8 0

3 years ago

Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhe

Monica [59]

Answer:

Variable overhead variance = $1,440 unfavorable

Explanation:

The variable overhead efficiency variance is the difference between the actual hours and the standard hours for the actual output valued at the standard variable overhead rate per hour.

Machine hours

standard hours for the actual output 4,190

Actual hours 4,350

Efficiency variance 160 unfavorable

Standard rate per hour(see note) × $9

Variable overhead variance 1,440 unfavorable

Standard variable rate per machine hour

= Budgeted overhead cost/Budgeted machine hour s

= $37,800/4,200 hours =$9 per machine hour

Variable overhead variance = $1,440 unfavorable

4 0

3 years ago

A registered broker-dealer has an employee who is not registered as an agent in that State. The employee wishes to sell U.S. Gov

nikitadnepr [17]

Answer:

A.

Explanation:

Based on the answers provided it can be said that in this scenario statement "A" is true, The employee is prohibited from selling the U.S. Government bonds unless he is registered as an agent in that State. Any agent trying to sell a security in that State, needs to be registered or fall under an exemption provided from registration, and since no exemption is provided to agents of broker-dealers that offer U.S. Government securities he needs to be registered.

4 0

4 years ago

Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and compu

Misha Larkins [42]

Answer:

d. $73,500

Explanation:

The computation of the estimated total manufacturing overhead for the customizing department is shown below:

= Total fixed manufacturing overhead cost + Variable manufacturing overhead cost

where,

the variable manufacturing overhead cost = Customized Direct labor-hours × Variable manufacturing overhead per direct labor-hour

= 7,000 units × $5

= $35,000

And, the Total fixed manufacturing overhead cost is $38,500

Now put these values to the above formula

So, the answer would be equal to

= $38,500 + ($7,000 hours × $5 per hour)

= $38,500 + $35,000

= $73,500

5 0

4 years ago