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]
2 years ago
5

Which one of the following describes the total overhead variance?

Business
1 answer:
salantis [7]2 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
Earthquake, drought, fire, economic famine, flood, and a pestilence of TV court reporters have caused an exodus from the City of
Len [333]

Answer:

Buy

Explanation:

First, we need to find out what is the cost incurred by the company in building the power station and after that, we will compare that cost with the selling price of the power from Tri-county G&T. the lower-priced option will be considered as best option.

Cost incurred by the company in building the power station = $10,000,000 + (150,000 x $35)

Cost incurred by the company in building the power station = $10,000,000 + $5,250,000

Cost incurred by the company in building the power station = $15,250,000

Selling price of the power from Tri-county G&T = 150,000 x $75

Selling price of the power from Tri-county G&T = 11,250,000

Decision: It would be a wise option for the company to buy it. From buying the power the company will save $4m.

3 0
3 years ago
If fixed costs are $400,000 and the unit contribution margin is $20, how many units must be sold in order to realize an operatin
Mariulka [41]

Answer:

32,500 units must be sold to realize an operating income of $250,000.

Explanation:

a) Calculations:

Using the break-even plus target profit analysis, we can calculate the target quantity of sales that will generate a target profit.

To break-even, the company needs to sell the following quantity,

Break-even point = fixed costs/contribution margin per unit = $400,000/$20 = 20,000 units.

To achieve a target profit, the company needs to sell the following quantity,

Break-even with target profit = (Fixed cost + target profit)/contribution margin per unit = ($400,000 + 250,000) / $20 = $650,000/$20 = 32,500 units.

b) Break-even analysis is a managerial accounting technique for determining the units should a company can sell or produce in order to even revenue and costs.  From the analysis, a company can also determine the units to sell in order to realize a target profit.  This helps a lot in decision making.

8 0
2 years ago
What differences would you expect to see between the kinds of influence currencies that a project manager in a functional matrix
EleoNora [17]

Project manager in a functional matrix had more lesser influence over one in a dedicated project team because:

  • the dedicated team allows a formal authority over the participants
  • the dedicated team offers a greater access to influence currencies than the project manager in a functional matrix.

<h3>Who is a Project manager?</h3>

A Project manager is a manager with the responsibiltiy of planning, organizing and directing the completion of specific projects for such organization.

<em />

In conclusion, in a functional matrix, the manager sdoes compensate for their lack of formal authority by exercising informal influence through the use of relationships and personal <em>currencies.</em>

<em />

<em />

Read more about Project manager

<em>brainly.com/question/6500846</em>

5 0
2 years ago
The intermediate goods are not counted in the calculation of GDP, because: * 2 points A. that involves double-counting. B. these
7nadin3 [17]

Answer:

A. that involves double-counting.

Explanation:

Imagine a company that produces furniture. If we would include the wood, the nails, the wood paint, etc., were included in the calculation plus the furniture itself, you would be double-counting the cost of the manufactured furniture. If you consider waste materials, then you would be adding even more costs. That is why you only consider finished goods.

6 0
2 years ago
What is a cash book used for?​
Alinara [238K]

Answer:

to keep track of all business transactions in case of an audit

8 0
2 years ago
Read 2 more answers
Other questions:
  • "for maps are from the nature of them a very slight evidence, geographers often lay them down upon incorrect surveys, copying th
    5·1 answer
  • Which of the following are the fixed costs relative to the number of the units produced and sold? a. straight-line depreciation,
    13·1 answer
  • Evidence indicates that the best promotional strategy for firms operating globally is:
    5·1 answer
  • Tar Heel Corporation had current and accumulated E&amp;P of $500,000 at December 31 20X3. On December 31, the company made a dis
    12·1 answer
  • Members of a work team are in a meeting where the director of the department is present. At the end of the meeting, the presente
    15·1 answer
  • If the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,
    6·1 answer
  • Tammi’s Truck Stop sells Seat-o-Nails cushions, which are specially designed to keep drivers awake on the road. Her accessories
    7·1 answer
  • The balance column in a ledger account is:
    6·1 answer
  • BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries.
    15·1 answer
  • Eric wants to attend a higher education institution that will prepare him to directly enter the workforce, but he wants to atten
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!