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GREYUIT [131]
2 years ago
8

Chambers, Inc. uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is: $64,000 variable a

nd $180,000 fixed. If Chambers had actual overhead costs of $250,000 for 18,000 units produced, what is the difference between actual and budgeted costs?
Chambers, Inc. uses flexible budgets. At normal ca

$2,000 unfavorable.

$2,000 favorable.

$8,000 favorable.

$6,000 unfavorable.
Business
1 answer:
Elza [17]2 years ago
4 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

At the normal capacity of 16,000 units, budgeted manufacturing overhead is $64,000 variable and $180,000 fixed. If Chambers had actual overhead costs of $250,000 for 18,000 units produced.

Variable overhead rate= 64,000/16,000= $4

Overhead variance= real - allocated

Overhead variance= 250,000 - (4*18,000 + 180,000)= 250,000 - 252,000= 2,000 favorable

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Marine, Inc., manufactures a product that is available in both a flexible and a rigid model. The company has made the rigid mode
Viefleur [7K]

Answer:

Estimated manufacturing overhead rate= $32 per direct labor hour

Explanation:

Giving the following information:

At the beginning of the current year, management estimated that $672,000 in overhead costs would be incurred and the company would produce and sell 2,000 units of the flexible model and 10,000 units of the rigid model.

The flexible model requires 3.0 hour(s) of direct labor time per unit, and the rigid model requires 1.50 hour(s).

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=

Estimated manufacturing overhead rate= 672,000/(2000*3 + 10000*1.5)= $32 per direct labor hour

8 0
2 years ago
Unit cost of materials for a department using the FIFO method of process costing is found by taking the total cost of materials
Brrunno [24]

Answer:

b. equivalent units of output.

Explanation:

In the production process there are various kind of inventory, that is raw material inventory, work in process and then the finished inventory.

Thus, there is this equivalent units concepts which calculates the completed units that would have been produced in case of no work in process.

Thus, when we use FIFO method and we want to calculate the unit cost of materials assuming inventory of raw material is also added in stages rather than completely adding it as a first step itself, the correct equation = Total cost of materials/equivalent units of output.

6 0
3 years ago
Which statement about the role of white papers in business solutions is true? Multiple Choice They directly address a customer's
FromTheMoon [43]

Answer: They help a customer solve a problem without promoting a particular company's products

Explanation:

White paper is simply refered to as an authoritative report that is used in order to addresses certain issues that are deemed to be vital and also provide solution to such issues.

White papers gives awareness regarding particular products and it helps customer solve a problem without promoting a particular company's products.

8 0
2 years ago
Please please.pleas help me
Scilla [17]
Answer: in pic
explanation: found here https://environmental-conscience.com/being-a-consultant-pros-cons/

8 0
2 years ago
When total production is greater than total expenditures, __________ is produced than households want to buy, which leads to ___
Tom [10]
If the total production exceeds the total expenditures this means that there are more goods are produced than the demand of each households. Thus, this will lead to an increase of inventory. Then this will signal the manufacturing firm that they have overproduced the goods which will lead to cut back the production. This leads to lesser prices and/or unsold goods alongside with the likelihood of unemployment. Therefore the answer is d.
6 0
3 years ago
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