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nataly862011 [7]
3 years ago
7

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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Answer: asset cost, salvage value, useful life, and obsolescence.

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7 0
3 years ago
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During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P
Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

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3 0
3 years ago
Bayside Marina just announced it is increasing its annual dividend from $1.45 per share to $1.48 per share effective immediately
serious [3.7K]

Answer:

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Explanation:

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To illustrate this further, the increase in dividend  in percentage terms is calculated thus:

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3 0
3 years ago
The equilibrium interest rate a. equates the aggregate demand for funds with the aggregate supply of loanable funds. b. equates
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Answer:

The correct answer is option a.

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3 years ago
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marishachu [46]

Answer:

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Explanation:

hope this helps!

3 0
3 years ago
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