Answer:
1. $8.25
2. $313,500
Explanation:
Given that,
Variable overhead cost per direct labor-hour = $2.00
Total fixed overhead cost per year = $250,000
Budgeted standard direct labor-hours (denominator level of activity) = 40,000
Actual direct labor-hours = 39,000
Standard direct labor-hours allowed for the actual output = 38,000
1. Total overhead cost at denominator level of activity:
= Total fixed overhead + Total variable overhead
= $250,000 + (40,000 × $2.00
)
= $250,000 + $80,000
= $330,000
Predetermined overhead rate:
= Total overhead cost at denominator level of activity ÷ Budgeted standard direct labor-hours
= $330,000 ÷ 40,000
= $8.25
2. Overhead applied:
= Standard direct labor-hours allowed for the actual output × Predetermined overhead rate
= 38,000 × $8.25
= $313,500
Answer:
d. dismissing all managers who fail to achieve operational goals specified in the budget
Explanation:
The budget, no matter how well it's done, It's a forecast.
Price can change without the company being able to intervene, the same goes for consumer demand, foreign currency rates changes, and other variables in the budget.
Having that in mind, the accounting can measure the variance and check the efficiency and price influence in the result below expected.
Therefore, dismiss immediately after not achieving a goal is not the purpose of a budget
Answer:
Scenario: The Operations Section has determined that the Emergency Medical Services, the Fire Department, and the School Bus Company will be assigned tothe evacuation of the Nursing Home. They will all converge at City Hall and will be dispatched, as appropriate, to begin the rapid and safe movement of the residents to their temporary shelter locations.What NIMS Management Characteristic is being demonstrated?Dispatch/DeploymentScenario: You are the President of Lawrence College. You and the American Red Cross Shelter Manager have contacted the Incident Command Post concerning the ability to meet the nutritional and long term pharmaceutical needs of the elderly residents. The Liaison Officer requests assistance from theEmergency Operations Center
Explanation:
Answer:
$1,140,000
Explanation:
AS AT December 2018, the market price ended at 30 USD Which is 10 USD above pre established price on the 114,000 SARs
thus compensation for the year ended 2018 will be 10 x 114,000
