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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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g FisherCo is intending to invest in a new project. The ________ is the minimum rate of return the firm will accept on this proj
IrinaK [193]

FisherCo is intending to invest in a new project. The hurdle rate is the minimum rate of return the firm will accept on this project.

The hurdle rate is the minimum rate of return a project must have in order for a project to be accepted. It can also be referred to as the discount rate or the required rate of return or the cost of capital.

When the hurdle rate is greater than the internal rate of return of a project, the project would be rejected. If the hurdle rate is less than the internal rate of return of a project, the project would be accepted.

To learn more, please check: brainly.com/question/17439820

6 0
2 years ago
Which property classification would include tools?
Nady [450]
The answer is durable. According to AR 735-5 (Policies and Procedures for Property Accountability), a durable property is a property that is not consumed in use, does not require property book accountability, but because of its unique characteristics requires control when issued to the user. The best example for this is hand tools.  Hand tools are measured durable because they are not used up by Soldier unlike cleaning supplies. Hand tools are not on the property book. They do require a signature when issued, whether from the tool room or the supply room. When hand tools break, they must be turned in for replacements. Soldiers who misplace hand tools pay for the lost tools in order to implement supply discipline. We must have supply discipline to save Army resources for deployments, training exercises and other mission requirements. Leaders involve periodic inventories and the correct hand receipt procedures for the same reason. Hand tools are costly and Soldiers use millions of them. So, hand tools are durable because they do not get used up, unlike consumable supplies such as hand soap or motor oil, and also require some type of control when issued.
8 0
3 years ago
Read 2 more answers
Gaden company sells a product for $50 per unit. Warialbe costs are $40 per unit. Calculate the contribution margin per unit, in
max2010maxim [7]

The Garden company sells a product for $50 per unit. Variable costs are $40 per unit.  50 % of the contribution margin per unit, in total, and as a ratio.

Selling price per unit - Variable cost per unit = Contribution margin per unit

50 - 25 = $ 25

Sales - Variable cost = Contribution margin

( 610 * 50 ) - ( 610 * 25 ) = $ 15250

Contribution margin / Sales = Contribution margin ratio

15250 / 30500 = 50%.

Variable costs are directly related to the cost of producing goods and services, whereas fixed costs do not change with the level of production. Variable costs are commonly referred to as COGS, but fixed costs are not usually included in COGS. Fluctuations in sales and production levels can affect variable costs when factors such as sales commissions are included in the unit price of production. On the other hand, fixed costs still have to be paid, even if production slows down significantly.

Learn more about Variable costs at

brainly.com/question/5965421

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7 0
9 months ago
If Rajiv's Fire Engines were a competitive firm instead and $125,000 were the market price for an engine, decreasing its price f
Sonbull [250]

Answer:

b) False

Explanation:

The price reduction will stimulate demand for Rajiv's Fire Engines, in the short run, before competitors catch up or even overtake the firm with price reduction strategies of their own.  This will in turn drive sales and the production quantity to increase marginally in the short-run.  However, in the long-run, because the market is competitive, Rajiv Company will not totally benefit from the price reduction as the price war intensifies among the competitors.

5 0
2 years ago
The Boxwood Company sells blankets for $ 32.00 each. The following was taken from the inventory records during May. The company
nika2105 [10]

Answer:

(C) $94.00

Explanation:

The computation of the cost of goods sold for the sale of May 20 is shown below:

= Remaining units × cost price + remaining units × cost price

= 4 units × $15 + 2 units × $17

= $60 + $34

= $94

The 4 units come from May 1 and May 10 i.e 9 units - 5 units = 4 units

And on May 20, the 6 units were sold out of which 4 units were sold at price of $15 and rest 2 units were sold at a price of $17

8 0
3 years ago
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