Answer:
Particulars Amount
Sales $955,000
Less: Fixed cost of goods sold $111,000
Less: Variable cost of goods sold <u>$261,000</u>
Gross Profit $583,000
Less: Fixed selling & admin. costs $111,000
Less: Var. selling & admin. costs <u>$136,000</u>
Operating Income <u>$336,000</u>
<span>They are in the introduction stage of the product life cycle. Kellogg has not yet introduced them to many stores, and people don't yet have a good idea of what benefits the product offers. Kellogg needs to start an advertising campaign to educate the public on blue ginger multi-grain blue rice chips.</span>
Answer:
$18,100 unfavorable
Explanation:
The computation of the total variable overhead variance is shown below:
Total variable overhead variance = Standard variable overhead cost - Actual variable overhead cost
where,
Standard variable overhead cost is
= 2 hours × 400 units × $8 per hour
= $6,400
And, the actual variable overhead cost is $24,500
So, the total variable overhead variance is
= $6,400 - $24,500
= $18,100 unfavorable
Since the actual variable overhead cost exceeds then the standard variable overhead cost so it reflects the unfavorable variance
You don't have to take it again , you just have to changed your license which you would have to pay money for
Answer:
$272,942.36
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r) ^mn] - 1
FV = Future value
P = Present value
R = interest rate
m = number of compounding per month
N = number of years = 0,0525 /12 = 0,004375
$1,000 (1.004375)^180 - 1 / 0,004375 =$272,942.36