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Tcecarenko [31]
2 years ago
13

Higgs Enterprise's flexible budget cost formula for indirect materials, a variable cost, is $0.75 per unit of output. If the com

pany's performance report for last month shows a $600 favorable spending variance for indirect materials and if 8,000 units of output were produced last month, then the actual costs incurred for indirect materials for the month must have been:
Business
1 answer:
balandron [24]2 years ago
6 0

Answer:

$5,400= indirect material

Explanation:

Giving the following information:

Standard= $0.75 per unit of output.

Indirect material spending variance= $600 favorable

8,000 units of output were produced last month.

To determine the indirect material costs incurred, we need to use the following formula:

Indirect material price variance= (standard price - actual price)*actual quantity

600= (0.75 - actual price)*8,000

600= 6,000 - actual price

5,400= actual price (in total)

To prove:

Indirect material price variance= (0.75*8,000 - 5,400)

Indirect material price variance= $600 favorable

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Unpaid reviews on reputable car sites.

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Mikey is very picky and insists that his mom make his breakfast with equal parts of cereal and apple juice any other combination
timofeeve [1]

Answer: Mikey's mom will buy 80 tablespoons each of cereal and juice. Option C.

Explanation:

We will get the correct option by calculating each option thus:

Cereal = 4 cents per tablespoon.

Juice = 6 cents per tablespoon.

Option A. 40 tablespoons of cereal and 75 tablespoons of juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

75 tablespoons of juice X 6 cents = 450 cents = $4.5

Option A gives a total of $6.1 (WRONG).

Option B. 100 tablespoons of cereal and 67 tablespoons of juice

100 tablespoons of cereal X 4 cents = 400 cents = $4

67 tablespoons of juice X 6 cents = 372 cents = $3.72

Option B gives a total of $7.72 (WRONG).

Option C. 80 tablespoons each of cereal and juice.

80 tablespoons of cereal X 4 cents = 320 cents = $3.2

80 tablespoons of juice X 6 cents = 480 cents = $4.8

Option C gives a total of $8 (CORRECT)

Option D. 40 tablespoons each of cereal and juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

40 tablespoons of juice X 6 cents = 240 cents = $2.4

Option D gives a total of $4 (WRONG)

Therefore, the correct option is C.

3 0
2 years ago
One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card u
Sergeeva-Olga [200]

The level of each variable measured is (1)  the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.

Explanation:

  • There are four levels of measurement, while analyzing data of columns.
  • Nominal,Ordinal, Interval and ratio.
  • Nominal each row of that particular column has specific identification.
  • Nominal can have classification race,gender,ethnicity.
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  • Numbers are still used arbitrary.
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3 years ago
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goblinko [34]

Answer: 1009.75

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Computation of Net Pay

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Excess hours 30×1/2×(46-40) =90

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Answer:

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