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3 years ago

The following data are the actual results for Marvelous Marshmallow Company for August:

Business

1 answer:

Eddi Din [679]3 years ago

3 0

Answer:

a. $26,200 Unfavorable

b. $16,800 Unfavorable

c. $ 5,000 Unfavorable

d. $48,000 Unfavorable

Explanation:

a Variable-overhead spending variance

Variable-overhead spending variance = Budgeted Variable overheads at actual hours worked - Actual variable overheads

= (33,400 × $ 12.00) - $ 427,000

= $400,800 - $ 427,000

= $26,200 Unfavorable

b. Variable-overhead efficiency variance

Variable-overhead efficiency variance = (Actual Output × Standard hour × Standard rate) - (Actual hours × Standard rate per hour)

= (8,000 × 4 × $ 12.00) - (33,400 × $ 12.00)

= $384,000 - $400,800

= $16,800 Unfavorable

c. Fixed-overhead budget variance

Fixed-overhead budget variance = Actual Fixed Overheads - Budgeted Fixed Overheads

= $ 149,000 - $ 144,000

= $ 5,000 Unfavorable

d. Fixed-overhead volume variance

Fixed-overhead volume variance = Fixed overheads at Budgeted Production - Budgeted Fixed Overheads

= ($ 144,000 / 12,000 × 8,000) - $ 144,000

= $96,000 - $144,000

= $48,000 Unfavorable

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Answer:

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Explanation:

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PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

where

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3 years ago

Kathleen murray, who is unmarried and has no children, has added up her taxable income for 2017 but needs help calculating how m

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3 years ago

In a recent survey of your major customers, you were disappointed to find that a majority of customers rated your company poorly

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2 years ago

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Answer:

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