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
krek1111 [17]
3 years ago
5

Which one of the following describes the total overhead variance?

Business
1 answer:
salantis [7]3 years ago
4 0

Answer:

B. The difference between what was actually incurred and overhead applied.

Explanation:

This could be simply as the difference of what was actually incurred and overhead that was been applied or it could be the difference between the amount that would be absorbed into the cost/unit of the actual units of a certain commodity been produced, and the actual cost of the fixed overheads.

This could be seen in a certain number of labor hours taken to manufacture a an amount of product, as it may differ significantly from the standard or budgeted number of hours of the work been done.

You might be interested in
High-Low Method
svlad2 [7]

Answer:

Variable cost per unit= $50

Fixed costs= $900,000

Explanation:

Giving the following information:

Total Costs Units Produced

January $1,900,000 20,000 units

February 2,250,000 27,000

March 2,400,000 30,000

<u>To calculate the unitary variable cost and the fixed cost under the high-low method, we need to use the following formulas:</u>

<u></u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (2,400,000 - 1,900,000) / (30,000 - 20,000)

Variable cost per unit= $50

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 2,400,000 - (50*30,000)

Fixed costs= $900,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,900,000 - (50*20,000)

Fixed costs= $900,000

7 0
2 years ago
A method of concealing receivables skimming by crediting one account while abstracting money from a different account is known a
alex41 [277]

Answer:

The answer is Lapping

3 0
3 years ago
Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $1
gogolik [260]

Answer:

The amount of cash for the payment of dividends during the year is B. $40,000

Explanation:

To Determine the amount of cash for the payment of dividends during the year, we open a Dividends Payable T - Account and find the amount via <em>missing figure approach</em> as follows:

Debits :

Cash (<em>Balancing figure</em>)                          $40,000

Ending of year Dividends Payable          $15,000

Totals                                                        $55,000

Credits :

Beginning of year Dividends Payable    $10,000

Dividends declared during the year      $45,000

Totals                                                        $55,000

4 0
3 years ago
Which action would be most likely to affect whether scroll bars appear in a Word document?
Luden [163]

Answer:

-D

Explanation:

I'm pretty sure it's zooming in or out on the document

6 0
3 years ago
Though it is seen as a last resort, bankruptcy allows a consumer to
OverLord2011 [107]

Its is B) eliminate certain types of debt.

This is the correct answer of E d g e n u i t y as well

8 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following activities should be expensed currently as R&amp;D costs? (a) Testing in search for or evaluation of prod
    13·1 answer
  • On December 31, the company purchases equipment for $10,000 and pays for the purchase in cash. Complete the necessary journal en
    14·1 answer
  • Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $10,900
    8·1 answer
  • Which of the following is NOT a reason individuals typically choose to save? 1. to smooth their consumption over the life cycle
    13·1 answer
  • At the beginning of the year (January 1), Buffalo Drilling has $10,000 of common stock outstanding and retained earnings of $7,0
    8·1 answer
  • Crocker enterprises conducts thorough background investigations of its prospective employees. the purpose of such investigations
    12·1 answer
  • What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-h
    14·1 answer
  • Information technology unit test
    12·1 answer
  • The issuance of equity for a firm with various financing alternatives signals that the firm has unfavorable prospects which it w
    12·1 answer
  • Asset 1 has an expected return of​ 10% and a standard deviation of​ 20%. Asset 2 has an expected return of​ 15% and a standard d
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!