A. Define the term cliché of this sentence

Standard rate per direct labor-hour $ 2 Standard direct labor-hours for each unit produced 3 Units manufactured 1,000 Actual dir

Nastasia [14]

Answer:

Variable overhead efficiency variance= $600 unfavorable

Explanation:

Giving the following information:

Standard rate per direct labor-hour $2

Standard direct labor-hours for each unit produced 3

Units manufactured 1,000

Actual direct labor-hours worked during the month 3,300

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,000*3 - 3,300)*2

Variable overhead efficiency variance= $600 unfavorable

5 0

3 years ago

During its calendar year 2019, a city issued $800,000 of bonds to acquire various items of capital equipment. By the end of 2020

padilas [110]

Answer:

The city's net investment in capital assets is $30,000

Explanation:

To calculate the city's net investment in capital assets we start with the total amount of capital assets:

Capital assets $800,000

minus accumulated depreciation ($120,000)

minus outstanding bonds ($650,000)

net capital assets $30,000

3 0

4 years ago

Northstar Company uses ABC to account for its chrome wheel manufacturing process.

Gwar [14]

Answer:

Instructions are below.

Explanation:

First, we need to calculate the predetermined overhead rate for each activity:

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

Materials handling= 12,000/3,000= $4 per part

Machine setup= 3,400/10= $340 per setup

Insertion of parts= 48,000/3,000= $16 per part

Finishing= 80,000/2,000= $40 per finishing direct labor hour

Job 420 used 150 parts, required 2 setups and consumed 100 finishing hours.

Job 510 used 500 parts, required 4 setups and consumed 310 finishing hours.

To allocate costs, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job 420:

Materials handling= 4*150= $600

Machine setup= 340*2= $680

Insertion of parts= 16*150= $2,400

Finishing= 40*100= $4,000

Total allocated cost= $7,680

Job 510:

Materials handling= 4*500= $2,000

Machine setup= 340*4= $1,360

Insertion of parts= 16*500= $8,000

Finishing= 40*310= $12,400

Total allocated cost= $23,760

6 0

3 years ago

The upper-level managers of One World Enterprises are meeting for the week to look at the long-term company goals and overall di

Jet001 [13]

Answer:

Doing strategic planning

6 0

3 years ago

The incentive structure and organization of a company can be an important part of a business-level strategy. Flat organizations

LiRa [457]

Answer: The correct answer is low cost strategy (D)

Explanation:

Here is the complete question:

The incentive structure and organization of a company can be an important part of a business-level strategy. Flat organizations can be a structure used by companies pursuing a

a. differentiation strategy.

b. blue ocean strategy.

c. integration strategy.

d. low cost strategy.

A flat organization also called a horizontal organization is an organizational structure that has few levels of middle management between the staffs and executives. Due to its management levels, flat organizations incur smaller costs.

A low cost strategy can be used by flat organizations. Low cost strategy is a pricing strategy whereby a firm offers its products at low price. The strategy is used to stimulate demand and gain higher market share.

8 0

3 years ago