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rosijanka [135]
3 years ago
12

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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Which of the following is considered a purchase tax? a. income tax b. social security c. property tax d. excise tax please selec
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The purchase tax is paid by the consumer over a commodity. The excise tax has been considered as the purchase tax.

<h3 /><h3>What are taxes?</h3>

The taxes are the contribution to the state made to develop the contribution to the revenue. The Purchase tax has been the tax paid by the individual over the product buy.

The following tax is paid as:

  • Income tax: Over income
  • Social security: Over the protection
  • Property tax: Over the land owned
  • Excise tax: Over the purchase

Thus, the excise tax has been the type of purchase tax. Thus, option D is correct.

Learn more about purchase tax, here:

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2 years ago
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false

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The change in period-to-period operating income when using variable costing can be explained by the change in the
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The change in period-to-period operating income when using variable costing can be explained by the change in the Unit sales level multiplied by a constant unit contribution margin.

Hope this helps!

6 0
4 years ago
If the amount of "Cost of goods manufactured" during a period exceeds the amount of "Total manufacturing costs for the period, t
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3. ending work in process is less than the amount of the beginning work in process inventory.

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And, the Manufacturing cost involves both cost i.e direct material and direct material used

If the cost of goods manufactured more than the total manufacturing costs, so automatically ending WIP inventory should be less then the beginning WIP inventory

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