Answer:
Always higher than manufacturing cost per unit for variable costing.
Explanation:
Absorption costing continuously contains fixed overheads similarly while computing the manufacturing cost.
Conversely, under variable costing only adjustable overheads were included.
Thus, the manufacturing cost under absorption costing method is always higher than variable costing method
Therefore, per unit cost will always be higher under absorption costing than in variable costing.
So, option C is the correct option
Answer:
a.
2021 = $50,000
2022 = $45,000
b.
2021 = $275,000
2022 = $0
Explanation:
a. Sum-of-the-years'-digits.
Sum of digits for the 10 years will be :
Year 1 = 10
Year 2 = 9
Year 3 = 8
Year 4 = 7
Year 5 = 6
Year 6 = 5
Year 7 = 4
Year 8 = 3
Year 9 = 2
Year 10 = 1
Sum of Digits = 55
therefore,
2021 depreciation = 10/55 x ($295,000 - $20,000)
= $50,000
2022 depreciation = 9/55 x ($295,000 - $20,000)
= $45,000
b. One hundred fifty percent declining balance.
2021 depreciation = 150% x ($295,000 - $20,000)
= $412,500
<em>Can not be charged above book value of $275,000</em>
2022 depreciation = 150% x ($295,000 - $20,000- $412,500)
= $0
Answer:
D). Global
Explanation:
The firms adopting a standardized global strategy possesses a higher level of ambiguity in performance in comparison to the firms pursuing other different strategies as the range is quite broad and therefore, the uncertainties are higher. Such firms possesses a higher level of ambivalence as a single product may not be suitable to the demands and interests of the people globally which is a key assumption in global standardized strategy. Thus, <u>option D</u> is the correct answer.
Answer:
Yearly rate of return=25%
Monthly rate of return=0.0187%
Explanation:
Given present amount=$12
Given Future amount=$15
Using equation
Where F is the future amount,P is the present amount and is the interest rate.
As n=12 since there are 12 months in the year and if calculate yearly n=1
15=12(1+i)^12
i=0.0187% monthly
Answer: a) unfavorable direct labor price (rate) variance of $2,085.
Explanation:
The purpose of calculating variance is to see if a company is being efficient in it's production of goods and services or in it's general affairs. The variance is calculated by subtracting the actual amount that was used to do something from it's budgeted amount.
If the actual amount is higher then the Variance is said to be Unfavourable. The reverse holds true.
Calculating the Direct Labor price (rate) Variance will give us,
Direct Labor Price (rate) Variance = (Actual Price - Standard price)*Actual Hour
NB - Figures are given for 30 minutes so need to be converted.
Direct Labor Price (rate) Variance = (111,285/9,100 *2 - 115,200/9,600 * 2 ) * 9100/2
= $2,085
Actual Price (rate) variance was higher than Standard Price (rate) variance which led to an Unfavourable balance of $2,085
