Answer:
$6,000 underapplied
Explanation:
The computation of the amount overapplied or under applied is shown below:-
Amount applied = Applied manufacturing overhead - (Indirect materials + Indirect labor + other OH costs incurred
)
= $218,000 - {($84,000 - $72,000) + ($108,000 - $105,000) + $197,000 }
= $218,000 $12,000 + $3,000 + $197,000
= $218,000 - $212,000
= $6,000
Therefore for computing the amount under applied we simply applied the above formula.
Answer:
c.$27,284.90 unfavorable
Explanation:
Standard variable overhead rate =$27.00
Standard hours allowed per completed unit =4.3
Actual production unit =971
Actual variable overhead costs =$140,018
Variable factory overhead controllable variance = (Standard variable overhead rate * Standard hours allowed per completed unit * Actual production unit) - Actual variable overhead costs
Variable factory overhead controllable variance = ($27 * 4.3 * 971) - $140,018
Variable factory overhead controllable variance = $112,733.1 - $140,018
Variable factory overhead controllable variance = $27,284.9 (Unfavorable)
Answer:
$153,000
Explanation:
With regards to the above, ending balance of equity
= Beginning equity + Sales during the year - Expenses(including taxes) during the year - dividends + proceeds from the issuance of stock
= $76,000 + $617,000 - $561,000 - $14,000 + $35,000
= $153,000
Answer:
the ending capital balance of the third partner is $242,400
Explanation:
The computation of the ending capital balance for the third partner is shown below:
Total Beginning Capital $603,000
Add: additional Investment $245,000
Less: Drawings -$366,000
Add: Net Income $730,000
Total Ending Capital Balance $1,212,000
Now let us assume the third partner capital be x
Now
The equation would be like
2x + 2x + x = $1,212,000
5x = $1,212,000
x = $242,400
Hence, the ending capital balance of the third partner is $242,400
Answer:
1 CD and 19 movie videos
Explanation:
This is a quadratic programming problem. Given the utility function, product price and budget constraint. the following relation between X and Y is:
When that is inserted in the utility function, the function is:
In order to find the maximization parameter X, the first derivative of the function is needed (leveled with zero), and it is:
The value for X is 1,06 which can be rounded to 1. From the first relation, we see that Y is 19.