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docker41 [41]
4 years ago
4

Dirickson Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturin

g overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 7.6 ounces $ 9.40 per ounce Direct labor 0.10 hours $ 18.00 per hour Variable manufacturing overhead 0.10 hours $ 5.30 per hour The company has reported the following actual results for the product for July: Actual output 7,600 units Raw materials purchased 63,000 ounces Actual cost of raw materials purchased $ 541,800 Raw materials used in production 57,750 ounces Actual direct labor-hours 820 hours Actual direct labor cost $ 16,072 Actual variable overhead cost $ 4,592 The variable overhead efficiency variance for the month is closest to: Multiple Choice $336 F $318 F $336 U $318 U
Business
1 answer:
11Alexandr11 [23.1K]4 years ago
4 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Variable manufacturing overhead is applied to products based on direct labor-hours. Variable manufacturing overhead 0.10 hours $ 5.30 per hour.

Actual direct labor-hours 820 hours

Actual variable overhead cost $ 4,592

variable overhead efficiency variance= (SQ - AQ)*SR

variable overhead efficiency variance= (7,600*0.10 - 820)*5.3= $318 unfavorable

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_____ is the authority granted by a domestic firm to an overseas firm for the rights to produce and market its product or to use
brilliants [131]

Answer:

Foreign License

Explanation:

According to my research on different licensing agreements, I can say that based on the information provided within the question the term being described in the question is called a Foreign License. Like mentioned in the question this type of licensing is an arrangement between two companies to manufacture, distribute and sell the first companies product in countries outside the country of Origin.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
What's a good way of understanding capital budgeting in finance
GarryVolchara [31]
Capital budgeting is a step by step process that businesses use to determine the merits of an investment project. The decision of whether to accept or deny an investment project as a part of a company´s growth initiatives, involves determining the investment rate of return that such a project will generate.
3 0
3 years ago
Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2,
kherson [118]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Cash inflows:

Year 1= $11,000

Year 2= $24,000

Year 3= $36,000

To calculate the present value, we need to use the following formula:

FV= PV*(1+i)^n

Isolating PV:

PV= FV/(1+i)^n

Year 1= 11,000/(1.12)= $9,821.43

Year 2= 24,000/(1.12^2)= $19,132.65

Year 3= 36,000/(1.12^3)= $25,624.09

Total= $54,578.17

3 0
3 years ago
What are ethics?
PtichkaEL [24]

Answer:

I think it's A

Explanation:

I hope it helps

3 0
3 years ago
According to the assumptions of CVP, ______ will not change as the volume of a product increases or decreases. total variable co
fgiga [73]

Answer:

Fixed costs, sales price, and variable cost per unit

Explanation:

Cost-volume-profit (CVP) analysis is a cost accounting technique that examines how operating profit is affected by varying levels of costs and volume. Another name for CVP is break-even analysis because for different sales volumes and cost structures, it provides the break-even point (BEP) for different sales volumes and cost structures. BEP can assist managers during the short-term economic decision making.

Some of the assumptions of CVP are that fixed costs, sales price, and variable cost per unit will not change even when the volume of a product changes. The change in the volume of a product can either be an increase or a decrease.

Therefore, according to the assumptions of CVP, fixed costs, sales price, and variable cost per unit will not change as the volume of a product increases or decreases.

I wish you the best.

5 0
3 years ago
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