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3 years ago

Shifting from producing 500 scarves and 225 sweaters, to producing 100 scarves and 350 sweaters would

Business

2 answers:

m_a_m_a [10]3 years ago

5 0

Answer:A) result in an inefficient use of resources

Explanation:

Margarita [4]3 years ago

4 0

Answer:

A) result in an inefficient use of resources

Explanation:

Formerly, the company was producing 500 scarves and 225 sweaters with the available resources. However, they shifted to producing 100 scarves and 350 sweaters with no mention of change in raw materials.This means that the production capacity when down even with the availability of initial raw material.

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Which of the following is a correct statement? Multiple Choice Writing off an uncollectible account under the allowance method d

jok3333 [9.3K]

Answer:

Estimating un-collectible accounts expense improves the matching of revenues and expenses.

Explanation:

When uncollectibles are recorded through allowance method then, bad debts expense is provided, which reduces net income. But at the time of writing off only the allowance and accounts receivables account is affected and not the net income.

When direct method is used then also the net income gets reduced, as bad debt expense and accounts receivables is affected.

And as provided in first para, when estimating and creating the allowance for bad debts, it affects net income, and it also represents the true and fair view of expenses and income.

Thus, statement c is correct.

4 0

3 years ago

Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basi

vazorg [7]

Answer:

Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = $9,096 Unfavorable

Explanation:

Actual variable overhead rate = $\frac{Actual variable overhead}{Actual Hours}$ = $\frac{66,170}{6,400} = 10.34$

Therefore variance with the budgeted standard variable overhead

= (Standard Overhead rate - Actual overhead rate) $\times$ Actual Hours

= ($9.70 - $10.34) $\times$ 6,400 = -$4,096

And Fixed Overhead variance = Standard Fixed Overhead - Actual Fixed Overhead = $69,000 - $74,000 = -$5,000

Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = -$4,096 + -$5,000 = -$9,096

Since the value of variance is negative it means the expense both variable and fixed are over absorbed, which means it is unfavorable.

Total of the variable overhead rate and fixed manufacturing overhead budget variances for the month = $9,096 Unfavorable

3 0

3 years ago

A FLSA covered enterprise is the related activities performed through unified operation or common control by any period or perso

alexandr402 [8]

Answer:

Is an activity or a public agency

Explanation:

The FLSA represents the Fair Labor Standards Act. It is a federal law and it sets the minimum amount of wages, the record, the overtime as well as employment standards. FLSA stipulates an employee coverage either as an individual coverage or an enterprise coverage

For the enterprise cover as required in this question, an enterprise can only be covered if

1. The enterprise has minimum of two employees

2. The annual volume of sales is a minimum of $500,000

3. The enterprise can also be covered if it carries out activities such as providing medical care for its people, providing preschools or main (secondary or university) schools for children or the enterprise is an hospital. It is also covered if it is a public or government agency. In order words an activity or a public agency.

6 0

3 years ago

Suppose physical capital per worker increased to $60,000 between 1990 and 2000 and output per worker increased by $45,000 over t

Lisa [10]

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3 years ago

Model, Inc., produces model automobiles made from metal. It operates two production departments, Molding and Painting, and has t

Vesnalui [34]

Answer:

Total Service Costs Molding :350031.22 Painting: 205081. 46

Explanation:

Given Data

Model, Inc.

Service

Administration, Accounting, Maintenance

Costs $269,000, $402,000, $199,000,

Building area 12,000 63,000 69,300

Employees 44 14 22

Equipment value

(in thousands) $ 177.00 $ 236.00 $ 17.50

Production

Molding Painting

Costs

Direct Materials $242,500 $211,000

Direct Labor $327,500 $219,000

Overheads $105,000 $82,500

Building area 441,000 56,700

Employees 66 88

Equipment value

(in thousands) $ 118.00 $ 59.00

First we find the activity rates for each cost using total cost driver except self usage

1) Maintenance $ 199,000

Equipment Value= 177 + 236+ 118+ 59= 590 ( in thousands) ( all but maintenance itself )

Maintenance per equipment = 199,000/590,000= 0.3373 per equipment

2) Accounting,= $402,000,

Employees=44 + 22 + 66 + 88 = 220

Accounting per Employee= $402,000,/220= 1827.27 per Employee

3) Administration= $269,000

Building area =63,000 +69,300 +441,000+ 56,700= 630,000

Administration per square footage= 269,000/ 630,000= 0.4269= 0.43 per square

Then we multiply the rates to find the service costs allocated.

Production

Molding Painting

Costs

Direct Materials $242,500 $211,000

Direct Labor $327,500 $219,000

Overheads $105,000 $82,500

Service Cost Allocated

Building area 0.43*441,000 0.43* 56,700

= 189630 =24381

Employees 66* 1827.27 88 *1827.27

= 120599.82 = 160799.76

Equipment value

(in thousands) $ 118.00* 0.3373 $ 59.00 *0.3373

= 39801.4 = 19900.7

Total Service Costs 350031.22 205081. 46

Total Costs 1025031.22 717581. 46

6 0

3 years ago