He will probably spend more of his time in meetings. However management philosophies suggest anywhere from 10 - 20% of their time out of the office and walking around talking to employees.
Answer:
The demand for nails will decline
Explanation:
Lumber and nails are considered to be complimentary goods as they are used together. As such, when lumber is purchased, nails are purchased also for use together with the lumber.
Accordingly, if the price of lumber increases significantly, the demand for lumber is expected to fall. Thus, the demand for nails is also expected to fall as users demand less of nails due to the decrease in the demand for lumber.
Answer:
The Fixed overhead price is "U" (unfavorable) and the The fixed overhead production volume is "U" (unfavorable)
Explanation:
Solution
Given that:
Fixed overhead price Variance is computed as:
Fixed overhead price Variance = Actual - Budgeted
= 387,300 - 372,000
= 15,300 U
Thus,
The Fixed overhead production volume variance is computed as:
Fixed overhead production volume variance = = Budgeted - applied
= 372,000 - 361,200
= 10,800 U
Answer:
The answer is $327 loss
Explanation:
Gain (loss) = Carrying Value-buy back value
= 102673-103000
(loss) = 327
So the answer is <u>$327 loss</u>
Hi there
First find the predetermined overhead rate
Predetermined oH rate is total estimated overhead divided by estimated direct labor
Predetermined oH rate is
450,000÷180,000
=2.5
the amount of overhead to be allocated to finished goods inventory if there is $20,000 of total direct labor cost in the jobs in the finished goods inventory is
2.5×20,000
=50,000. ...answer
Good luck!