1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrrafil [7]
3 years ago
8

Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 7,000 machine-hou

rs. The budgeted fixed manufacturing overhead costs are $245,000. In April, the actual fixed manufacturing overhead costs were $249,900 and the standard machine-hours allowed for the actual output were 7,300 machine-hours. Required: a. Compute the budget variance for April. b. Compute the volume variance for April.
Business
1 answer:
sergeinik [125]3 years ago
7 0

Answer and Explanation:

a. The computation of the budget variance of the month of April is shown below:

= Actual fixed manufacturing overhead costs -  budgeted fixed manufacturing overhead costs

= $249,900 - $245,000

= $4,900 unfavorable

b. The volume variance is

= (Denominator machine-hours - Standard machine-hours allowed) × Budgeted fixed overhead rate

= (7,000 machine hours - 7,300 machine hours) × $245,000 ÷ 7,000 machine hours

= $10,500 favorable

You might be interested in
A firm's _____ includes its rivals, suppliers, customers, new entrants, substitutes, and complementary products. environmental s
Maslowich

The answer is: competitive environment

The competitive environment of a company include all things that could affect how well the company could sell its product in the market. The factors that could affect such performance include things such as how many rivals sold similar products in the market, consumers' preference, how many products can be used as alternative for the company's product, etc.

8 0
3 years ago
Stephanie receives high praise from her boss when she attracts a new client to her firm. this praise leads stephanie to work har
masya89 [10]
<span>D) Stephanie's Boss is exhibiting D) Positive Reinforcement as it her actions are being rewarded with praise, which in turn causes Stephanie to work harder to continue to grow the firm and receive more praise.</span>
4 0
3 years ago
Read 2 more answers
How do most companies pay the current liabilities incurred by day-to-day operations?.
elixir [45]

Current assets, or possessions used up within a year, are generally used to settle current liabilities.

<h3>Why do you use the term "current liabilities"?</h3>
  • Current liabilities are debts or commitments that fall due within a year or during the regular business cycle. Additionally, current obligations are paid off by using a current asset, either by generating a fresh current liability or by using cash.
  • In accounting, current liabilities are frequently interpreted as all debts owed by a company that must be paid in cash within the fiscal year or the operational cycle of that particular company, whichever is longer.
  • Current assets, or possessions used up within a year, are generally used to settle current liabilities. Accounts payable, short-term loans, dividends, and notes payable are a few examples of current liabilities, along with any outstanding income taxes.  

To learn more about Current assets refer to:

brainly.com/question/13188114

#SPJ4

6 0
1 year ago
If the Mayor of Little Rock, Arkansas is also a director of a Little Rock municipal securities dealer, which of the following st
riadik2000 [5.3K]

Answer: B. I and IV

Explanation:

A CONTROL RELATIONSHIP is defined as a situation where an issuer is controlled by the DEALER, or the Dealer is controlled by the Issuer, or there common control between the Issuer and Dealer of the security. As Mayor of Little Rock and also the Director of the Municipal Dealer, there is definitely a CONTROL relationship going on.

The Municipal Securities Rulemaking Board (MSRB) requires that when a control relationship exists between a municipal securities dealer and the issuer whose bonds are recommended by that dealer, the nature of the relationship must be DISCLOSED to the customer.

Hence option B is correct.

4 0
3 years ago
What is the opposite of fade-in, when the image goes black?
Flura [38]

Answer:Umm fade out is the opposite if fade in, but it might not be correct.

Explanation:

;)

5 0
3 years ago
Other questions:
  • Edelman Oil performs oil changes. The standard wage rate for oil change technicians is $ 17 per hour. By analyzing its past reco
    12·1 answer
  • There are many positive effects to globalization, but which of the following would be a negative effect?
    10·1 answer
  • The purpose of determining the critical path on a pert network is to: identify the sequence of tasks that takes the longest to c
    8·2 answers
  • Bullie Jean has $1.20 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music whi
    10·1 answer
  • A(n) __________ presents a consideration for the acceptance of a claim.​
    12·1 answer
  • During the year a parent makes sales of inventory at a profit to its 75 percent owned subsidiary. The subsidiary also makes sale
    10·1 answer
  • Acme Enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this
    9·1 answer
  • Maris Brothers Inc. needs a cash disbursement schedule for the months of April, May, and June following information in its prepa
    10·1 answer
  • Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables.
    8·1 answer
  • The ________ perspective tends to view inflation as a cost that offers no offsetting gains in terms of lower unemployment.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!