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
pshichka [43]
3 years ago
12

40. The Battaglia Co. produces lounge chairs. At a budgeted amount of 10,000 lounge chairs the manufacturing overhead is $50,000

variable and $135,000 fixed. If Battaglia had actual variable manufacturing overhead of $60,500 and actual fixed manufacturing overhead of $125,000 for 11,000 lounge chairs produced, what would the spending (flexible budget) variance be for the total manufacturing overhead? A. $500 unfavorable B. $4,500 unfavorable C. $4,500 favorable D. $500 favorable
Business
1 answer:
bija089 [108]3 years ago
4 0

Answer:

C. $4,500 favorable

Explanation:

Spending Variance is the difference between the actual and estimated value of the expense. In this question we need to calculate the variance of total manufacturing overhead.

Variable

Actual Variable cost = $60,500

Manufacturing overhead application rate = Budgeted overhead / Budgeted units = $50,000 / 10,000 units = $5 per unit

Applied Overhead = Actual production x application rate = 11,000 units x $5 = $55,000

Variance = $60,500 - $55,000 = $5,500 unfavorable

Fixed

Actual fixed overhead = $125,000

Budgeted Fixed overhead = $135,000

Variance = $135,000 - $125,000 = $10,000 Favorable

Total Variance = Variance of variable manufacturing overhead cost + Variance of fixed manufacturing overhead cost

Total Variance = $10,000 Favorable - $5,500 unfavorable

Total Variance = $4,500 Favorable

You might be interested in
Jamal needs to add universal action buttons to the slide master. Under which tab can the PowerPoint slide master be found? Desig
lukranit [14]

Answer:

View tab

Explanation:

The PowerPoint slide master can be found in the view section. To find the slide master, click on the view tab in the PowerPoint presentation and scroll to slide master.

Cheers.

8 0
2 years ago
The definition of ______ ______ states: highest level of management, consisting of the president and other key company executive
Juli2301 [7.4K]

The definition of supervisory management states the highest level of management, consisting of the president and other key company executives who develop strategic plans.

<h3>What is supervisory management?</h3>

Supervisors, within the context of business management, are those who keep an eye on the strategic direction of the company.

They are not bogged down with the operations or day-to-day activities of the company. Hence, the reason why they are called supervisory management.

Learn more about supervisory management at:

brainly.com/question/2954747

7 0
2 years ago
Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3
kicyunya [14]

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

MPC = 300/400=0.75

MPS = 100/400=0.25

Marginal propensity to consume is 0.75

Marginal propensity to save is 0.25

5 0
2 years ago
Suppose a new website was launched providing up-to-date, credible information on all firms wishing to issue bonds. What would yo
guapka [62]

Answer:

Refer below.

Explanation:

I foresee that loan costs would fall with the arrival of forward-thinking, dependable data on all organizations wishing to give bonds on account of expanded buyer request. This data would make it simpler for financial specialists to decide the reliability of firms and request should rise on account of the simplicity and help in dynamic. At the point when request rises, loan fees decrease.

6 0
3 years ago
Do savings and loan associations offer checking accounts?
svlad2 [7]
No they do not offer
3 0
3 years ago
Other questions:
  • Park &amp; Company was recently formed with a $5,400 investment in the company by stockholders. The company then borrowed $2,400
    15·1 answer
  • On October 30, Cleo Co. purchased a machine for $26,000 and estimates it will use the machine for four-years with a $2,000 salva
    9·1 answer
  • During the _____ of the systems development life cycle (sdlc), analysts investigate a proposed solution's feasibility and determ
    15·1 answer
  • Bill lives in montana and likes to grow zucchini. he applies fertilizer to his crops twice during the growing season and notices
    6·1 answer
  • How is the standard of living measured?
    15·1 answer
  • Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 3% of credit sales will
    15·1 answer
  • Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Cu
    13·1 answer
  • The school newspaper surveyed 100 commuter students and asked two questions. First, students were asked how many courses they we
    10·1 answer
  • Making comparisons if the average historical return on a stock market investment is 11%, why doesn’t everyone put their money in
    13·1 answer
  • What is a major benefit sales people offer to their businesses?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!