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marysya [2.9K]
3 years ago
7

Rath Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour $3.75 S

tandard hours (SH) allowed per unit 4 Actual production in units 15,000 Actual variable overhead costs $222,816 Actual direct labor hours 57,200
Required: 1. Calculate the standard direct labor hours for actual production 4 15,000 $222,816 57,200 hours 2. Calculate the applied variable overhead 3. Calculate the total variable overhead variance. Enter amount as a positive number and select Favorable or Unfavorable.

Business
1 answer:
patriot [66]3 years ago
3 0

Answer:

See attached file

Explanation:

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Identify the accounts that are added to or deducted from Purchases in a periodic system todetermine the cost of goods purchased.
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Answer and Explanation:

A)Purchase Returned and

Allowance – Deducted

(B) Purchase Discounts – Deducted (C) Freight – in – Added

The cost of goods purchased is the net cost of merchandise purchased. The calculate cost of goods purchased, we add freight to the initial purchase cost and then subtract Purchase returns and allowances and Purchase discounts. Cost of goods purchased is set against gross sales to determine profit.

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When a company determines the most likely people to buy its product are 20-27 year old middle class women, it is
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When a company determines that a group of people of certain age range and gender will likely buy its product, it is finding its: <em>potential customers/market target.</em>

Every product has a specific group of people that share similar characteristics that it can meet their needs. The unique needs of that group of people is what companies and producers focus on to exploit in creating product and marketing strategy for.

Such unique group of people constitute the market target or potential customers for such product.

Therefore, when a company determines that a group of people of certain age range and gender will likely buy its product, it is finding its potential customers/market target.

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3 years ago
What is a term used for the listing of your monthly expenses
allochka39001 [22]

budgeting.

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7 0
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Pro forma financial information: a. Is always presented on a generally accepted accounting principles (GAAP) basis b. Is illegal
Alex_Xolod [135]

Answer:

The correct answer is letter "C": Usually focuses on pro forma earnings, usually on a non-GAAP basis.

Explanation:

Pro forma is primarily used in the preparation of financial statements written by accountants. In accounting, pro forma financial statements are used to display the company's financial performance, except non-recurring extraordinary events that arise during the year, including losses or gains. Pro forma financials do not follow <em>Generally Accepted Accounting Principles</em> (GAAP).

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<h3>What is natural asset management? </h3>
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  • Natural resources are resources found in the natural world. These include biological resources (cultivated or wild), ecosystems found in land and water, subsurface resources, and air.

  • Natural assets are the stock of natural resources or ecosystem that are relied upon managed, or could be managed by a local government for the provision of one or more services to a community.  Natural resources include oil , natural gas , coal ,iron and timber.

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