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alukav5142 [94]
4 years ago
15

The following information was taken from the annual manufacturing overhead cost budget of Fergie Manufacturing. Variable manufac

turing overhead costs $92,400 Fixed manufacturing overhead costs $55,440 Normal production level in labor hours 30,800 Normal production level in units 5,775 Standard labor hours per unit 4 During the year, 5,600 units were produced, 18,340 hours were worked, and the actual manufacturing overhead was $151,200. Actual fixed manufacturing overhead costs equaled budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours. Fergie's controllable overhead variance is

Business
1 answer:
Yuliya22 [10]4 years ago
8 0

Answer:

$7,840

Explanation:

Please see attachment

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Answer:

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Explanation:

4 0
3 years ago
Mary Graham worked as a real estate agent for Piedmont Properties for 15 years. Her annual income is approximately $100,000 per
brilliants [131]

Answer and Explanation:

The computation is shown below:

a. The pre tax accounting profit is

= Revenue - operating expenses - salaries - depreciation - interest on loan

= $2,000,000 - $250,000 - $1,500,000 - $5,000 - ($500,000 × 15%)

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= $170,000

b. The  pre tax economic profit is

= Revenue - operating expenses - salaries - foregone income - actual depreciation - interest on loan

= $2,000,000 - $250,000 - $1,500,000 - $100,000 - $20,000 - $75,000

= $55,000

The actual depreciation is

= $50,000 - $30,000

= $20,000

c. The explicit cost is the cost which includes wages & salaries, operating expense, depreciation expenses etc while the implicit cost includes the opportunity cost and annual depreciation cost

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3 years ago
The EAFE is:_____A) the East Asia Foreign Equity index.B) the Economic Advisor's Foreign Estimator index.C) the European and Asi
lys-0071 [83]

Answer:

E) The European,Australian,Far East index.

Explanation:

This acronym EAFE is seen to be used in conjunction of certain nations index in its financial dealings which stands for European,Australian,Far East. It is generally explained to be a market capitalization weighted index. Here, it explains that its individual components are been valued according to their market capitalization. It also explains that countries which tend to posses the largest stock markets, many cases have been linked to Japan and also the United Kingdom, will have the largest relative weighting in the index. Other cases made it arguable noted that certain changes in the market value of larger securities will result in a bigger move in the index than changes in the market value of smaller stocks.

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3 years ago
What is the age requirement for making a savings account
Semenov [28]
In most countries it's 18 to do it independently.. Hope this helps
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3 years ago
Why would a monarch from one country be interested in hiring an explorer from a foreign country?
Vedmedyk [2.9K]
<span>An example would be King Ferdinand of Spain having Columbus do his exploring for him. It is two fold, in that the riches or the conquering acquires land or resources and it is a show of power, more wealth equals more power. The explorer being from a foreign country is another feather in the cap, showing that they have an edge over that country and that the countryman was willing to go elsewhere and work for a competitor.</span>
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3 years ago
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