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3 years ago

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Business

1 answer:

Marianna [84]3 years ago

6 0

Answer:

variable overhead efficiency variance= $22,780 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 7.0 hours

Standard variable overhead rate $ 13.40 per hour

Actual hours 2,725 hours

The actual output of 150 units

To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 150*7= 1,050 hours

variable overhead efficiency variance= (1,050 - 2,750)*13.4

variable overhead efficiency variance= $22,780 unfavorable

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Jabari Manufacturing, a widgets manufacturing company, divides its production operations into three processeslong - Department

lora16 [44]

Answer:

Cost per unit of widget produced = $6.52

Explanation:

As for the provided information:

Total units produced = 4,600 units

Total cost of production = costs for Department 1 + Department 2 + Department 3

= $18,000 + $8,000 + $4,000 = $30,000

It does not matter how many units are sold as the cost of sales will include, selling and administrative cost also.

Therefore, all the cost will be considered.

Thus total cost of production = $30,000 for 4,600 units.

Cost per unit of widget = $\frac{30,000}{4,600} = 6.52$

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3 years ago

Seth did menial work—mostly house cleaning—when he could find it. He had been homeless for a year, and since then simply did not

Advocard [28]

Answer: Under class

Explanation:

According to the question, Seth belongs to the under class as in the class hierarchy the underclass is one of the segment that belongs to the lowest position.

The people who belongs to the lowest or the bottom position in the society and also become the victim of the poverty in the society.

The underclass people are also comes under the economical weak section and they also lack of the educational and the social skills.

Therefore, Underclass is the correct answer.

4 0

3 years ago

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

Vadim26 [7]

Answer:

Correct option is D

Explanation:

Factory Overhead $25,000

Wages Payable $25,000

3 0

3 years ago

When deciding on a career path, what is a good step to take after setting the basic career requirements?

Lerok [7]

I would say that once the basic career requirements are decided on then one should do C. make a list of colleges you want to apply to. In this way you will be able to find out the colleges that offer your field of interest and you will be able to check on the quality of their courses and instruction.

8 0

3 years ago

Read 2 more answers

Which of the following statements regarding a monopolist is false? A. The marginal revenue cure lies below the demand curve for

Sati [7]

Answer:

C. The monoplist sets price equal to marginal cost to maximize profit.

Explanation:

To maximise the profit, monopolist charge price where MR = MC.

3 0

3 years ago