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Sphinxa [80]
3 years ago
5

Auditory Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

just ended: Actual units produced: 13,000 Actual fixed overhead incurred: $742,000 Standard fixed overhead rate: $15 per hour Budgeted fixed overhead: $720,000 Planned level of machine-hour activity: 48,000 If Auditory estimates four hours to manufacture a completed unit, the company's fixed-overhead budget variance would be: $60,000 unfavorable. $22,000 unfavorable. $60,000 favorable. None of the answers is correct. $22,000 favorable.
Business
1 answer:
pishuonlain [190]3 years ago
5 0

Answer:

$22,000 unfavorable

Explanation:

Auditory Company

Actual units produced: 13,000  

Actual fixed overhead incurred: $742,000  

Standard fixed overhead rate: $15 per hour  

Budgeted fixed overhead: $720,000  

Planned level of machine-hour activity: 48,000  

 

Fixed Budget Overhead Variance = Actual Fixed Overhead - Budgeted Fixed Overhead

Fixed Budget Overhead Variance =  $742,000 -$720,000 = $ 22,000 unfavorable

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Answer: B

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This is because all the listed expenses are related to the financing arm of the business.

8 0
3 years ago
Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or
soldi70 [24.7K]

Answer:

<em>The flow is in the form of inputs and then dollars in a sequence. </em>

Explanation:

<em>(1)</em> The household supplies factor input services in the form of labor to the firm.

<em>(2)</em> The labor produces goods and services for the firm.

<em>(3)</em> The firm pays wages to the labor in return for the produce.

<em>(4)</em> The households buy the goods and services of the firm.

<em>(5)</em> For the goods and services offered, the firm takes dollars from the households.

Hence, the entire above process emphasizes a flow <em>in the form of inputs and then dollars from the household to the firm for the output purchased by it from the firm.</em>

5 0
3 years ago
Baxter Company reported a net loss of $13,000 for the year ended December 31. During the year, accounts receivable decreased by
stepan [7]

Answer:

a. used net cash of $2,000

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

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Add : Depreciation expense $4,000

Add: Decrease in accounts receivable $5,000

Less: Increase in inventory -$8,000

Add: Increase in accounts payable $10,000

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6 0
3 years ago
When julie is focused on measuring performance and correcting as necessary, she is focusing on which of these managerial functio
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6 0
3 years ago
McDonald's major distribution partner, The Martin-Brower Company, needs at least $1 million to build a new warehouse in Medicine
aleksley [76]

Answer:

No it wont have enough money to build a warehouse in two years.

Explanation:

Firstly we are given that the warehouse is $1 million so the company needs to save this amount of money in two years time.

We know that the company has invested $500000 to date therefore we need to calculate if this $50000 per quarter investment will cover the the other portion for $500000 to meet the warehouse cost of $1 million so we will use the future value annuity formula to calculate this which is :

Fv = C[((1+i)^n -1)/i]

where Fv will be the future value after two years of the $50000 investment

C is the periodic payment of $50000

i is the interest rate per period which is 6% per quarter

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thereafter we substitute on the above formula:

Fv = 50000[((1+6%)^8 - 1)/6%]

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then we combine this amount to $500000 to see if it reaches $1 million

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5 0
3 years ago
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