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spin [16.1K]
3 years ago
14

Riverside Manufacturing designs and manufactures bathtubs for home and commercial applications. Riverside recorded the following

data for its commercial bathtub production line during the month of​ March: Standard DL hours per tub 4 Standard variable overhead rate per DL hour $ 8.00 Standard variable overhead cost per unit $ 32.00 Actual variable overhead costs $ 18,450 Actual DL hours 2,050 Actual variable overhead cost per machine hour $ 9.00 Actual tubs produced 800 What is the variable manufacturing overhead efficiency variance in​ March?
Business
1 answer:
Papessa [141]3 years ago
7 0

Answer:

variable overhead efficiency variance= $9,200 favorable

Explanation:

Giving the following information:

Riverside recorded the following data for its commercial bathtub production line during ​ March:

Standard DL hours per tub= 4

Standard variable overhead rate per DL hour= $ 8.00

Standard variable overhead cost per unit= $ 32.00

Actual variable overhead costs= $ 18,450

Actual DL hours= 2,050

Actual variable overhead cost per machine hour= $ 9.00

Actual tubs produced= 800

We need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard Rate

SQ= 800 tubs* 4 hours=  3,200 hours

AQ= 2,050 hours

SR= $8 per direct labor hour

variable overhead efficiency variance= (3,200 - 2,050)*8= $9,200 favorable

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The summary and as per the query is defined in the following portion of the clarification.

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8 0
3 years ago
For the composite method, the composite...(a)rate is the total cost divided by the total annual depreciation.(b)rate is the tota
kotykmax [81]

Answer:

The correct answer is letter "C": life is the total cost divided by the total annual depreciation.

Explanation:

The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.

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3 years ago
"Bronson Manufacturing is planning to issue $12 million in bonds. Based on a poll of potential investors, they have the highest
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Answer:

C.eight-year bond with 5.5% annual interest rate

Explanation:

The computation of the total options under each option is as follows:

As we assume the par value be $1,000

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= 7.25% × $1,000 × 4 years

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= 5.5% × $1,000 × 8 years

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At age 50, Charles began receiving payments under a distribution method that provides for substantially equal payments over his
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Answer:

correct answer is 4) $169,000.00

Explanation:

given data

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solution

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amount subject to the penalty is = $169000

so correct answer is 4) $169,000.00

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