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
Bad White [126]
4 years ago
10

Actual production 11,620 packages Budgeted production 12,500 packages Standard direct labor hours 1.52 direct labor hours per pa

ckage Actual direct labor hours 18,731 Standard variable overhead rate $3 per direct labor hour Actual variable overhead costs $47,743. Calculate the variable overhead spending and efficiency variances.
Business
1 answer:
Alona [7]4 years ago
5 0

Answer:

8,450 Favorable ; 3,206 Unfavorable

Explanation:

Variable overhead spending variance:

= (Standard rate - Actual rate) × Actual hours

=  ($3 × 18,731) - $47,743

= 8,450 Favorable

Variable overhead efficiency variance:

= (Standard hour -  Actual hour)  × Standard rate

= [(11,620 × 1.52) -  18,731] × $3

= (-1,068.6)  ×  $3

= 3,206  Unfavorable

You might be interested in
Sarah, a manager at Ackles Inc, plays pranks on her subordinates in an attempt to make the workplace livelier. She trusts her su
coldgirl [10]

Answer:

B) The country club style

Explanation:

Based on the scenario being described within the question it can be said that the leadership style being used is known as the country club style. This style focuses on showing most concern for employees and less concern for production processes, with the main idea that if individuals are happy with their job position then they will work harder which will in term, increase production.

7 0
3 years ago
Read 2 more answers
Many firms are finding that high-tech, computerized training has dual benefits. It develops employees who are more effective and
Xelga [282]

This is an example of a(n) Organisational tangible resource

Explanation:

Tangible resources include currency, inventory, equipment, land or buildings. Tangible resources The products can be liquidated quickly and have a given worth. They are important for accounting, and as they reach balance sheets and income statements, they make a business know their financial status.

Each organisation needs capital and assets to run.

A few of these commodities, including ability and entrepreneurship, are intangible, while the other commodities are measurable. Tangible means capital which can be observed, influenced or sensed.

6 0
4 years ago
A canadian agent has an existing client who goes on vacation to Seattle, Washington. The agent wishes to contact the customer in
Rashid [163]

Answer:

The exception is due to vacation.

Explanation:

This is an example of a right answer, while, yes the individual must be registered in Canada, the exception is due to vacation.

7 0
4 years ago
Ornaments, Inc., is an all-equity firm with a total market value of $608,000 and 27,300 shares of stock outstanding. Management
Stels [109]

Answer:

The EPS in recession is $1.546 per share.

Explanation:

The earnings per share or EPS is a function of net income divided by the number of shares outstanding. The earnings per share calculates the dollar return per share that is earned in a year.

Earnings per share = Net Income / No of common shares outstanding

Where, Net Income = EBIT - Interest - Tax

The EBIT in recession will be = 86600 * (1-0.25) = $64950

The company is all equity financed so there is no interest cost.

Net Income in recession will be = 64950 - (64950 * 35%)  =  $42217.5

Thus, EPS in recession = 42217.5 / 27300  =  $1.546 per share

3 0
3 years ago
Mikail's perfectly competitive camera memory card–producing factory is making positive economic profits. If the price of memory
irina1246 [14]

Answer:

B. $6000

Explanation:

Given that

Price = $9

Average total cost (ATC) = $7

Output (Q) = 3000

Two methods can be used in calculating profit in this case.

The first method is

Profit = (price - ATC) × Q

= (9 - 7) × 3000

= 2 × 3000

= $ 6000

The second method is

Profit = Total revenue (TR) - Total Cost (TC)

Where TR = Price × Q = 9 × 3000 = $27000

TC = ATC × Q = 7 × 3000 = $ 21000

Therefore,

Profit = 27000 - 21000

= $6000

Any method used will result to the same answer.

NOTE THAT,

ATC = Total cost / Q.

So change of formula was used to obtain Total cost from this formula.

4 0
3 years ago
Other questions:
  • Pushing your body too hard at work or at play can?
    7·2 answers
  • Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr
    8·2 answers
  • Which one of the following statements correctly describes export subsidies?
    7·1 answer
  • As learning and trade progressed, the medieval structure began to break down.
    5·1 answer
  • On January 1, Year 1 Missouri Co. purchased a truck that cost $49,000. The truck had an expected useful life of 10 years and a $
    15·1 answer
  • "It is ethical for a firm to have a policy to sell goods or services to people who cannot afford them or to people who should no
    13·1 answer
  • Pace's regular wage rate is $13.78 per hour, and the regular workweek is 40 hours with five 8-hour days. Compute the following:
    14·1 answer
  • You are considering an investment in Crew Cut, Inc. and want to evaluate the firm's free cash flow. From the income statement, y
    8·1 answer
  • PLZ HELP
    15·2 answers
  • Write a short essay about inventory control( involves kind of inventory reason and approach)​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!