Answer: <em>True</em>
Explanation:
<em>Quality assurance is assuring the customer that the product will work and that they will even offer a warranty if it some how breaks for free.</em>
Answer:
Materials used in production 113,120
Explanation:
The credited overehad will be 60% of direct labor
thus: 90,720/0.6 = 151,200 direct labor
Then debit for finished good is the WIP completed during the period so we can use it to solbe for material now:
Beginning WIP 100,800
Materials X
Labor 151,200
Overhead 90,720
Transferred-out <u> (324,800) </u>
Ending WIP 131,040
Materials = Ending WIP + transferred-out - DL - MO
Materials = 113,120
Color is not an aspect of a menu's format.
Answer:
c. $3,200 favorable.
Explanation:
We know that
Total controllable cost variance = Budgeted overhead cost - actual overhead cost
where,
Budgeted overhead cost = Variable overhead + Fixed overhead
where,
Variable overhead = 40,000 units × $2 = $80,000
And, the fixed overhead = $72,000
So, the budgeted overhead = $152,000
And, the actual one is $148,800
So, the total controllable cost variance would be
= $152,000 - $148,800
= $3,200 favorable