1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antoniya [11.8K]
3 years ago
6

Dvorak Company produced 1,000 units of product that required 3 standard hours per unit. The standard variable overhead cost per

unit is $1.40 per hour. The actual variable factory overhead was $4,000. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Business
1 answer:
valentina_108 [34]3 years ago
4 0

Answer:

The variance is 4,000 - 4,200 = -200 (favourable variance).

Explanation:

To know the production variance in this exercise, we first need to know the total standard cost, then calculate the difference between the actual cost and the standard one.

Total standard cost = production volume x hour used per one unit produced x overhead cost per hour = 1,000 x 3 x 1.4 = 4,200

So, the variance is 4,000 - 4,200 = -200 (favourable variance).

You might be interested in
Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor
kodGreya [7K]

Answer:

The labor productivity  for Deluxe and Limited cars are as follows:

          Units/Hour dollars

Deluxe Car  0.13   103.64  

Limited Car  0.21   156.54  

Explanation:

It is noteworthy that labor productivity in terms of units/hour does not put into consideration  quality of product, selling prices and skill level of the manufacturing workers. It would extremely  difficult for supervisors to find  out the workers that are better in terms of unit/hour.

Find attached spreadsheet with detailed calculation and formulas used.

Download xlsx
3 0
3 years ago
What is the tradeoff for the average worker when it comes to international trade policies in specialization and comparative adva
Aleks [24]

the tradeoff for the average worker when it comes to international trade policies in specialization and comparative advantage because there is the possibility that workers could be laid off from their job.

Barriers to international trade are policies implemented by governments to prevent international trade and protect domestic markets. These include subsidies, tariffs, quotas, import and export licenses and standardization.

All agreements establishing free trade areas have the same goal of liberalizing trade, promoting economic growth, and giving member countries equal access to markets.

The WTO oversees four international trade agreements: the GATT, the General Agreement on Trade in Services (GATS), and the Agreement on Trade-Related Intellectual Property Rights and Trade-Related Investments (TRIPS or TRIMS).

Learn more about international trade policies here: brainly.com/question/15115779

#SPJ4

5 0
1 year ago
Unearned Revenue: The company collected $24,000 rent in advance on September 1,
alexdok [17]

Answer:

Time period from September 1 - December 31 is 4 months and this means that the tenant has occupied the place for 4 months. Hence, 4 months rent would be accrued.

12 Month rent amount = $24,000

Per month rent amount = $240,00/12 month = $2,000

So, Rent for 4 months = 4 month * $2,000 = $8,000

                         Adjusting Entry

Date      Account titles                     Debit     Credit

Dec 31  Unearned Rent Revenue   $8,000

                   Rent Revenue                              $8,000

4 0
3 years ago
Sheila owns a childcare business. Since this market is competitive, she has hired an advertising and sales manager to make sure
zysi [14]

Answer:

The correct answer is: marketing expenses.

Explanation:

To begin with, the marketing expenses are those that the company must make in order to obtain a marketing program done such as publicity campaigns. Moreover, this type of expenses include every payment that the company would consider as marketing investment that can improve the development of the organization an its sales to the target audience, therefore that both the materials and the salaries whose goal is to create a marketing campaign will be consider and classified as marketing expenses.  

7 0
3 years ago
Read 2 more answers
Bonita Industries purchased a machine on July 1, 2018, for $1470000. The machine was estimated to have a useful life of 10 years
Ronch [10]

Answer:

$223,200

Explanation:

to determine the depreciation charge, calculate the book value of the asset. use this revised book value to calculate the depreciation using the revised estimates

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Book value = cost of the asset - accumulated depreciation

$1,470,000 - $354,000 = $1,116,000

salvage value - 0

useful life = 5

Straight line depreciation expense = $1,116,000 / 5 = $223,200

7 0
3 years ago
Other questions:
  • If demand shifts to the right when income increases, we can conclude that the good is:_____
    5·1 answer
  • These are steps in the decision-making process except for _____.
    8·2 answers
  • Ocean Gate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are
    15·2 answers
  • Which of the following careers is most likely to require business skills? a)Systems Analyst b)Hardware Engineer c)Software Engin
    13·1 answer
  • The highest level of awareness occurs when customers mention a specific brand name when asked about a product or service. Market
    15·1 answer
  • Marigold Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated
    5·1 answer
  • 1. Approximately, what is the median wage for a<br> college graduate (all majors)?
    12·1 answer
  • Determine the internal rate of return for a project that costs $167,000 and would yield after-tax cash flows of $22,000 per year
    6·1 answer
  • GAWAIN 3
    8·1 answer
  • Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!