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
mezya [45]
3 years ago
14

A company's flexible budget for the range of 35,000 units to 45,000 units of production showed variable overhead costs of $2 per

unit and fixed overhead costs of $72,000. The company incurred total overhead costs of $148,800 while operating at a volume of 40,000 units. The total controllable cost variance is:
Business
1 answer:
Ipatiy [6.2K]3 years ago
6 0

Answer:

$3200 favorable

Explanation:

We have given range of number of production = 40000 units

So average of number of units =\frac{35000+45000}{2}=40000

Variable cost = $2 per unit

So total variable cost = 40000×$2 = $80000

Fixed overhead = $72000

Budgeted overhead for actual production = Variable overhead +Fixed overhead  = $80000+$72000 = $152000

Actual total overhead cost = $148,800

Total overhead controllable cost variance = Budgeted overhead - Actual overhead

= $152,000 - $148,800 = $3,200 favorable.

You might be interested in
Xochi is a corporate PR consultant. She has many clients and would like to find a more efficient way to access and send informat
Gnoma [55]

Answer:

Enterprise social media network.

Explanation:

Enterprise social media network is the use of social network to link people who share common interest. Enterprise social network could be internal to a business such as Yammer, communicator which are meant to communicate among employees or external to a business such as use of Google+ or other social media network platforms which connects a business to it's customers.

The advantage of Enterprise social media networks is that they can be searched such that people can follow, tag or view activity. Here, users can check and send messages conveniently and efficiently to people compare to email alone.

With regards to the above scenario, Xochi should use Enterprise social media network tool to search and manage information.

5 0
3 years ago
Michael Co. is a corporation that sells breakfast bars. Based on the accounts listed below, what are Michael's total trade recei
Thepotemich [5.8K]

Answer:

B. $42,000

Explanation:

Trade receivables refers total amounts that customers of a company are owing the company for goods or services sold to them.

For Michael Co., this can be calculated as follows:

Michael's total trade receivables = 3-month note due from Michael's main customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

Therefore, we have:

Michael's total trade receivables = $12,000 + $19,000 + 11,000 = $42,000.

Therefore, Michael's total trade receivables is $42,000.

7 0
2 years ago
Why is one dollar now worth more than one dollar in the future?
Galina-37 [17]
Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.
4 0
3 years ago
Value Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The c
sertanlavr [38]

Answer:

$3,504

Explanation:

Catering supplies = $500 + $76 x j + $14 x m

where,

j = number of jobs in a month

m = number of meals in a month

therefore,

Planning budget for June, use the Actual number of jobs and meals into the formula (Actual Activity).

June Catering supplies = $500 + $76 x 13+ $14 x 144

                                       =  $3,504

Conclusion

The catering supplies in the planning budget for June would be closest to $3,504.

6 0
3 years ago
Which of the following would cause prices to drop? A. Increased production by business B. Increased taxes on business C. Higher
Ugo [173]
It would actually be an increased production by the business.

Haha, I had to think for a tiny bit and re-check my answer to make sure it was right before giving it. Would hate to see you get it wrong. 
8 0
2 years ago
Read 2 more answers
Other questions:
  • A new investment project currently under consideration has a negative net present value of $85,000. The project has a life of 10
    5·1 answer
  • An amount of something left over when requirements have been met; an excess of production or supply over demand
    12·1 answer
  • What is an advantage of matrix organization
    13·1 answer
  • Gourmet Pets is interested in computing the break-even point for its new product Prime Cuts. The fixed costs of adding this prod
    14·2 answers
  • How much would you have to deposit today if you wanted to have $60,000 in four years? Annual interest rate is 9%. (PV of $1, FV
    9·1 answer
  • Shark fin soup is a favorite Thai food. When a San Francisco–based organization claimed that the leading producer’s soup contain
    5·1 answer
  • Buying a Home Reading Quiz QUESTION 9 of 10: A "point" on a loan equals: a) 0.1% of the loan amount b) 1% of the loan amount c)
    11·1 answer
  • Psychologists have observed that: Multiple Choice once investors have made a loss, they become much more willing to take risks.
    11·1 answer
  • A hair stylist currently cuts and colors hair for 50 clients per week and earns a profit. He is considering expanding his operat
    14·1 answer
  • cost accounting systems are used to: a. accumulate production and period costs and assign them to products or services. b. accum
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!