The physical property that may be able to provide a
beneficiary for metal pots as a source of good cooking is its heat conductivity
of which allow this material to be conducted to heat and allows the food to be
cooked thoroughly making it good for cooking.
Answer:
Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed manufacturing overhead costs $ 266,420 Fixed component of the predetermined overhead rate $ 34.60 per machine-hour Actual level of activity 7,900 machine-hours Standard machine-hours allowed for the actual output 8,200 machine-hours Actual fixed manufacturing overhead costs $ 259,960 The budget variance for February is $6,460 Favorable.
Explanation:
Budgeted fixed manufacturing overhead cost = $266,420.
Actual fixed manufacturing overhead costs = $259,960
The budget variance for February is calculated as below:
Budget Variance = Actual Fixed Manufacturing Overheads - Budgeted Fixed Manufacturing Overheads
Budget Variance =$259,960 - $ 266,420.
Budget Variance = -$6,460
Budget Variance = $6,460 Favorable
The answer to the blank space is data.
The contents of the spreadsheet are the annual record of airfares to different cities from Chicago. This is what we call data – which are facts or statistics collected together for reference or analysis. Since Silway Travels plans to use the annual record information to contrast airfares during peak and off-season, it is clear that the data in this case would be used for analysis.
<span>The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is : </span>debit Purchases $2,750, debit Freight In $125; credit Accounts Payable $2,875
Answer:
COGS= $31,597.5
Explanation:
Giving the following information:
Direct materials $13.00
Direct labor 8.80
Manufacturing overhead 16.50
Last year, Wooten & McMahon Enterprises produced and sold 825 units
First, we need to calculate the cost of goods manufactured:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 0 + 13 + 8.8 + 16.5 - 0= $38.3
Total cost of goods manufactured= 825*38.3= $31,597.5
Now, we can calculate the cost of goods sold:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 0 + 31,597.5 - 0= $31,597.5
