Answer:
Variable overhead efficiency variance= $46 favorable
Explanation:
Giving the following information:
Variable manufacturing overhead 0.30 hours $2.30 per hour
$46 Actual output 8,000 units Actual direct labor-hours 2,380 hours
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 0.3*8,000= 2,400 hours
Variable overhead efficiency variance= (2,400 - 2,380)*2.3
Variable overhead efficiency variance= $46 favorable
Answer:
Total cost= $650,000
Explanation:
Giving the following information:
Fixed manufacturing costs$50000 per month
Variable manufacturing costs$12 per ton of steel
Bonita produced 50000 tons of steel during March.
<u>The flexible budget shows the total standard cost for the actual activity.</u>
Fixed costs= 50,000
Total variable cost= 12*50,000= 600,000
Total cost= $650,000
Answer: 1. remain same
2. increase
Explanation: The percentage of total labor force that is not employed in the current period is called the unemployment rate of that period.
The rate of individuals in an economy who are considered to be actively employed or looking for employment is called labor force participation rate.
.
In the given case Tony was already working part time, thus, he will not contribute to unemployment rate but as now he is looking for a full time job he will contribute in labor participation rate.
It is (c) allow for the comparison of dollar figures from different points in time.
It could, as long as it fulfills these two conditions
- The products could generate enough profit without the boost that givenn by other channel flows.
- The independent operation would not cause a decrease in profit for other channels flow because eventually, business owners only want to do the combination that bring the most profit.