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Alenkinab [10]
3 years ago
5

If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favo

rable, then: Garrison 16e Rechecks 2017-08-17 Multiple Choice
the actual variable overhead rate exceeded the standard rate.
the standard variable overhead rate exceeded the actual rate.
the standard direct labor-hours allowed for the actual output exceeded the actual hours.
None of the above
Business
1 answer:
lozanna [386]3 years ago
4 0

Answer:

Variable overhead rate variance=Actual overhead costs-(actual hours*Standard rate)

Given the variable overhead rate variance is favourable that means the actual overhead rate is less than the standard overhead rate.

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Organizational and managerial skills that find their expression in a company's structure, routines, and culture are referred to
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It is referred to as Capabilities. It is essential to accomplish its business model or bring about its mission. In addition, an easy way to comprehend the thought is to think about capabilities as organizational level expertise is set in people, method, and technology.  
7 0
4 years ago
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Sportly, Inc. completed Job No. B14 during 2011. The job cost sheet listed the following: Direct materials $44,000 Direct labor
Damm [24]

Based on the direct materials, the direct labor, and the manufacturing overhead, the cost of finished goods on hand is $33,600.

<h3>What is the cost of finished goods on hand for this job?</h3><h3 />

Cost of goods on hand is:

= Cost of goods per unit x Number of goods on hand

Cost of goods per unit is:
= (44,000 + 24,000 + 16,000) / 3,000 units

= $28 per unit

Cost of goods on hand:

= 28 x (3,000 - 1,800)

= $33,600

Find out more on finished goods at brainly.com/question/26764271.

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3 0
2 years ago
Jones Corp. reported current assets of $191,000 and current liabilities of $136,000 on its most recent balance sheet. The curren
stiks02 [169]

Answer:

acid-test ratio 1,4044

Explanation:

We are asked for a variation ofthe current ratio

whie current ratio is determinate like:

\frac{current\: assets }{current\: liab}

the acid-test will remove inventory from the current assets, leaving only cash, marketable securities and accounts receivables considered for the calculations:

191,000 current assets - 85,000 inventory = 106,000

136,000 current liabilities

191,600 / 136,000  = 1,4044

7 0
3 years ago
If a fiscal policy change is going to exert a stabilizing impact on the economy, it must?
Vadim26 [7]

If a fiscal policy change is going to exert a stabilizing impact on the economy, policy must add  stimulus to demand during a slowdown but  it should restraint the demand during an economic boom.

Fiscal policy is the policy in which the government spending and taxation  is used to influence the economy.

Governments generally use fiscal policy to promote strong as well as sustainable growth in the economy and reduce the poverty too.

The role and objectives of fiscal policy which gained importance during the recent global economic crisis is when the different governments stepped in to support financial systems.

Governments starts the growth, and also mitigate the impact of the crisis on vulnerable groups through the use of fiscal policy.

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brainly.com/question/27250647

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7 0
2 years ago
Parker Industries is a small company with a big name! Parker Industries is actually a one-person company that imports strands of
Tamiku [17]

Answer:

Total fixed costs= $150

Explanation:

Giving the following information:

Parker's only overhead is a storage unit for the inventory that costs $125 a month and a $25 monthly fee for website hosting.

<u>A cost is categorized as fixed because it does not vary with production (in relevant ranges).</u>

In this case, the only two cost that is fixed is the storage and website hosting.

Total fixed costs= 125 + 25= $150

7 0
4 years ago
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