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3 years ago

The following information is available for Baxter Manufacturing for April:

Business

1 answer:

astraxan [27]3 years ago

5 0

Production volume variance is Unfavorable and Fixed overhead spending (budget) variance is favorable.

<u>Explanation:</u>

The formula for fixed budget variance as follows

The Fixed overhead budget Variance = Budgeted Fixed Overhead minus Actual Fixed overhead

= $4000 minus $3800 = $200 Favorable

Fixed overhead spending (budget) variance is favorable.

The formula for Production Volume Variance is as follows:

The Production Volume Variance = Applied Fixed Overhead minus Budgeted Fixed Overhead

= ($4 into 900) minus $4000 = $3600 minus 4000 = $400 Unfavorable

Therefore, Production volume variance is Unfavorable.

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Answer:

The correct answer is overextension.

Explanation:

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3 years ago

When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able

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Explanation:

Given that,

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3 years ago

why might the cost of a mortgage loan be greater than the cost of using unsecured corporate debt to finance corporate real estat

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1 year ago

The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Num

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Answer:

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3 years ago

TRANSACTIONSGave a cash refund of $750 to a customer because of a lost package.Sent a check for $1,050 to the utility company to

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Answer:

Journal entries

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Cash Credit $ 1,050

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Accounts Receivable Debit $ 7,800

Service Revenue Credit $ 7,800

To record receivables for services provided on credit

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Cash Credit $ 4,600

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Accounts payable Debit $ 3.500

Cash Credit $ 3,500

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Cash Debit $ 15,250

Service revenue Credit $ 15,250

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Cash Debit $ 6,250

Accounts receivables Credit $ 6,250

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Cash Debit $ 25,000

Capita account Owner Credit $ 25,000

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Accounts payable Credit $ 3,250

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Explanation:

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