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Salsk061 [2.6K]
3 years ago
7

Doogan Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct m

aterials 8.4 grams $ 3.00 per gram Direct labor 0.5 hours $ 30.00 per hour Variable overhead 0.5 hours $ 8.00 per hour The company produced 6,200 units in January using 40,310 grams of direct material and 2,480 direct labor-hours. During the month, the company purchased 45,400 grams of the direct material at $2.70 per gram. The actual direct labor rate was $29.30 per hour and the actual variable overhead rate was $7.80 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead rate variance for January is:
Business
1 answer:
Vladimir79 [104]3 years ago
4 0

Answer:

Variable manufacturing overhead rate variance= $496 favorable

Explanation:

Giving the following information:

Standard:

Variable overhead 0.5 hours $ 8.00 per hour

The company produced 6,200 units using 2,480 direct labor-hours. The actual variable overhead rate was $7.80 per hour.

To calculate the variable overhead rate variance, we need to use the following formula:

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Variable manufacturing overhead rate variance= (8 - 7.8)*2,480

Variable manufacturing overhead rate variance= $496 favorable

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Daniel [21]

Answer:

The industrial revolution affected the whole global economy, social relations, and culture.

The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.

The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).

The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.

Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.

7 0
3 years ago
Dear Mr. Sanchez: Your efforts to promote ethical business practices in our city have drawn national recognition. You are an exc
Xelga [282]

Answer:

1) - a - Last year, after learning about the importance of ethical leadership, students who attended our conference returned to their home schools and implemented a total of nine ethics and leadership initiatives. One of these initiatives included a project in which students researched ethical leaders in the local community. Naturally, the students encountered much of your work and have humbly requested your presence at the Ethics and Leadership for Youth conference this year. As a speaker at the ELY conference, you would have the opportunity to significantly impact our next generation of leaders.

2). b - It does not state the reasons before the main idea, and it has no reader benefits.

3). - c - Make a reasonable request.

Explanation:

1). The first option most adequately rephrases the third paragraph by reconsidering the main ideas effectively and clarifies the author's purpose effeciently. It presents the main idea of the 'significance of ethical leadership and its success' more clearly through appropriate evidence('nine ethics and leadership initiatives taken by students). It presents the given idea more impactfully by strengthening the language of the paragraph.

2). The key problem that the given message contains is that 'it fails to provide adequate reasons before presenting the main idea to the readers and this is why readers do not gain any message or specific idea.' The lack of logical explanation of the main idea does not allow the readers to understand the purpose for which the given content is produced and just become a passive information they are receiving as they aren't able to relate to it.

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3 years ago
Knowledge Check 01 On January 1, Year 1, Abbott Company granted 92,000 stock options to certain executives. The options are exer
Westkost [7]

Answer:

$153,333

Explanation:

Calculation to determine What amount should Olympic recognize as compensation expense for 2016

Using this formula

Compensation expense =Total compensation/Vesting period

Let plug in the formula

Compensation expense=($5 x 92,000)/3 years

Compensation expense=$460,000/3 years

Compensation expense=$153,333

Therefore What amount should Olympic recognize as compensation expense for 2016 is $153,333

5 0
3 years ago
Frontier Corp. sells units for $57, has unit variable costs of $29, and fixed costs of $164,000. If Frontier sells 10,000 units,
jeka94

Answer:

2.4

Explanation:

Frontier corporation sells unit for $57

The unit variable cost is $29

Fixed cost is $164,000

Frontier sells 10,000 units

The first step is to calculate the contribution margin

= 57-29×10,000

= 28×10,000

= 280,000

Profit = 280,000-164,000

= 116,000

Degree of operating leverage can be calculated as follows

= 280,000/116,000

= 2.4

6 0
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Answer:

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Explanation:

The are asking a personal question. "How do your clothing preferences differ from those of your friends?" do you and your friends have the same style or are you different.

8 0
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