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3 years ago

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Business

1 answer:

pantera1 [17]3 years ago

3 0

Answer:

c $4,450 U

Explanation:

The computation of the Variable overhead spending variance is shown below:

= (Standard variable overhead Rate × Actual Hour) - (Actual Rate × Actual Hour)

= ($12 × 400 units × 5.6 hours) - ($31,330)

= $26,880 - $31,330

= $4,450 Unfavorable

The (Actual Rate × Actual Hour) is also called as Actual variable overhead.

All other information which is given is not relevant. Hence, ignored it

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Presented below are the components in Gates Company’s income statement. Determine the missing amounts. Sales Revenue Cost of Goo

Mumz [18]

Answer:

(a) $52,300; $9,200

(b) $33,600; $10,000

Explanation:

(a) Sales Revenue = $82,400

Cost of Goods Sold = ?

Gross Profit = $30,100

Operating Expenses = ?

Net Income = $20,900

Gross profit = Sales revenue - Cost of goods sold

$30,100 = $82,400 - Cost of goods sold

Cost of goods sold = $82,400 - $30,100

= $52,300

Net income = Gross margin - Operating expenses

Operating expenses = Gross margin - Net income

= $30,100 - $20,900

= $9,200

(b) Sales Revenue = $110,600

Cost of Goods Sold = $77,000

Gross Profit = ?

Operating Expenses = ?

Net Income = $23,600

Gross profit = Sales revenue - Cost of goods sold

= $110,600 - $77,000

= $33,600

Operating expenses = Gross margin - Net income

= $33,600 - $23,600

= $10,000

Cost of Goods Sold = $75,100

Gross Profit = $87,200

Operating Expenses = $47,700

Net Income = ?

Gross profit = Sales revenue - Cost of goods sold

Sales revenue = Gross profit + Cost of goods sold

= $87,200 + $75,100

= $162,300

Net income = Gross margin - Operating expenses

= $87,200 - $47,700

= $39,500

4 0

3 years ago

"Although Alibaba is competing in the Internet services industry, it has improved its performance by focusing on innovation and

meriva

Answer:

the resource-based model.

Explanation:

Resource-based theory can be understood as one that guarantees a strategic and competitive advantage to an organization through its resources that cannot be imitated and replaced. In the case of Alibaba, its valuable resources that guarantee long-term competitive advantages for the company are the company's ability to offer a wide range of products with significant discounts in relation to competitors, facilities for shipping goods worldwide, etc.

8 0

2 years ago

PLEASE HELP MEE!

zzz [600]

Answer:

Differentiator

Explanation:

I'm not sure about it but honestly I think its the one, since Karen is suing something different that hasn't been seen on other Italian pasta cookers.

7 0

2 years ago

Home Services common stock offers an expected total return of 14.56 percent. The last annual dividend was $2.27 a share. Dividen

prohojiy [21]

Answer:

Dividend yield=10.3%

Explanation:

Mv=Do(1+g)/(Ke-g)

MV=?

Do=2.27

g=2.1%

Ke=14.56%

Mv=2.27(1+2.1%)/(14.56%-2.1%)

MV=2.75/(12.46%)

MV=$22.1

Dividend yield=dividend per share/share price per share

Dividend yield=2.27/22.1

Dividend yield=10.3%

5 0

3 years ago

The introduction of ________ has greatly simplified trans-shipment between various modes of transportation. Group of answer choi

ozzi

Answer:

a. containerization

Explanation:

The containerization is defined as the system which uses intermodel containers for freight transport. By this methods, each container is considered an unit of product instead of smaller parts. The transport between shipment methods would be facilitated without affecting to commodities inside each containers. In addition, when many products are in the containers, the quantity of parcel can be easily controller. The standardized dimensions of containers used can help the exporter, importer or transporter easily make plan about shipment by different means.

4 0

3 years ago