1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonja [21]
3 years ago
7

The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $ 4

7,420 and the standard fixed overhead cost allocated to production was $ 47,220. The actual fixed overhead totaled $ 46,670. Compute the fixed overhead budget variance and the fixed overhead volume variance.
Business
1 answer:
Jobisdone [24]3 years ago
8 0

Answer:

$750 favorable ; $200 unfavorable

Explanation:

The computations are shown below:

For fixed overhead budget variance:

= Budgeted fixed overhead - actual fixed overhead

= $47,420 - $46,670

= $750 favorable

For fixed overhead volume variance:

= Budgeted fixed overhead - standard fixed overhead cost allocated to production

= $47,420 - $47,220

= $200 unfavorable

Hence we consider all the given information

You might be interested in
If the government issued license to pollute a total of 1,600 tons of emissions, the market price to emit 1 ton of emissions woul
kakasveta [241]

Answer:

$450 per ton.

Explanation:

The government has allowed to pollute 1600 ton of emission. The business has secured license from the government to run its business activities and drain the polluted waste in the sea. The total pollution allowed is 1600 tons and the cost of securing the license is $720,000. The cost per ton of emission would be $450.

5 0
3 years ago
Michael Glock was the policyowner-insured of a $50,000 participating whole life insurance policy with a $50,000 accidental death
sveticcg [70]

Answer:

B

Explanation:

50,000+3,400-750-2500

3 0
2 years ago
The petty cash fund is a a.special equity fund. b.special expense fund. c.special cash fund. d.special revenue fund.
solmaris [256]

Answer:

c.special cash fund

Explanation:

The petty cash fund is a special cash fund in which the small amount of the cash kept on hand for paying out the minor expenses like office supplies, etc

So as per the given situation, the petty cash fund is the special cash fund

Therefore the option c is correct

And, the rest of the options are incorrect

6 0
3 years ago
At December 31, Meyer Company had 500,000 shares of common stock issued and outstanding, 400,000 of which had been issued and ou
kicyunya [14]

Answer:

$1.2

Explanation:

The computation of earning per common share is shown below:

Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = $510,000

And, the number of shares = $400,000 + $100,000 × (3 months ÷ 12 months)

= $400,000 + $25,000

= $425,000

The 3 months is calculated from October 1 to December 31

Now put these values to the above formula  

So, the value would equal to

= $510,000 ÷ $425,000

= $1.2

6 0
3 years ago
Ashley eats two bananas during a particular day. The marginal benefit she enjoys from eating the second banana a. can be thought
Xelga [282]

Answer:

a. can be thought of as the total benefit Ashley enjoys by eating two bananas minus the total benefit she would have enjoyed by eating just the first banana.

Explanation:

The marginal benefit is the satisfaction can is directly associated with the consumption of an extra good or service. The marginal benefit is of a product is the satisfaction derived from consuming more of that product.  The marginal benefit of a product depends on the special traits of the product and the intensity of the consumer's need.

To get the marginal benefit of a product, we have to separate the satisfaction from the last consumed unit from the previous one. Marginal is associated with the benefit enjoyed by consumption of the last unit only.

3 0
3 years ago
Other questions:
  • Manziel Corporation constructed a building at a cost of $10,000,000. Average accumulated expenditures were $4,000,000, actual in
    14·1 answer
  • A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours woul
    9·1 answer
  • What’s behind gas prices
    14·2 answers
  • The Tax Cuts and Jobs Act passed in December, 2017, eliminated any personal exemptions ($4,050 per preson) but increased the sta
    15·1 answer
  • Landmark Corp. buys $500,000 of Schroeter Company's 8%, 5-year bonds payable at par value on September 1. Interest payments are
    11·2 answers
  • A proposed project has an initial cost of $38,000 and cash inflows of $12,300, $24,200, and $16,100 for years 1 through 3, respe
    5·1 answer
  • Which of the following would be an advantage of engaging in international
    9·1 answer
  • A.The loss on the cash sale of equipment was $22,125 (details in b).
    11·1 answer
  • Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If
    11·1 answer
  • How much interest will Henry save if he finances the vehicle over 36 months instead
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!