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
marysya [2.9K]
2 years ago
5

The Perry Corporation recorded the following budgeted and actual information relating to fixed overhead costs for its Z-Line of

products:
Standard fixed overhead per direct labor hour $3​
Standard direct labor hours per unit 0.75​
Budgeted production 3100​
Budgeted fixed overhead costs $6975.00​ ​ ​
Actual production in units 3900​
Actual fixed overhead costs incurred $2200.00​
Required:
1. What is Perry's fixed manufacturing overhead volume variance?
Business
1 answer:
steposvetlana [31]2 years ago
8 0

Answer:

Volume variance= $1,800 unfavorable

Explanation:

Giving the following information:

Standard fixed overhead per direct labor hour $3​

Standard direct labor hours per unit 0.75​

Budgeted production 3100​

Budgeted fixed overhead costs $6975.00​ ​ ​

Actual production in units 3900​

Actual fixed overhead costs incurred $2200.00​

To calculate the fixed overhead volume variance, we need to use the following formula:

Volume variance= budgeted fixed overhead - fixed overhead applied

Volume variance= 6,975 - [3*(3,900*0.75)]

Volume variance= 6,975 - 8,775= $1,800 unfavorable

You might be interested in
The more information an entrepreneur acquires during the process of _____, the higher the chance that his or her predictions wil
Mashutka [201]

The more information an entrepreneur acquires during the process of feasibility analysis, the higher the chance that his or her predictions will be close to the mark, risk will be reduced, and uncertainty managed.

<h3><u>Explanation:</u></h3>

The study or examination about the extent to which the proposed idea will be practical and can be achieved at an economic manner refers to the feasibility study. In business it is very essential to decide whether to take up a project or not. It also helps in narrowing the project and plan accordingly.

It also helps in making predictions about whether the expected results can be attained from a particular idea or a project. Thus during the feasibility study the entrepreneur must obtain as much information as possible as it helps him in the evaluation of risks, uncertainties and other related things.

7 0
3 years ago
____ competitors are those that compete in the same product class, but their products have different features, benefits, and pri
Lina20 [59]
<span>b. brand.......................</span>
4 0
3 years ago
Warm-Up
zloy xaker [14]

Answer:

$1,088.12

Explanation:

The formula for calculating monthly repayments is as below.

M=  P x   <u>  r      </u>

              1 − (1+r)−^n

where p is the loan amount = $220,000

r = 4.3per cent or 0.043 % interest rate per year,

 on monthly basis r will be 0.043/12=0.00358%

n = 30 year, which is 30 x 12 months= 360 months

M= $220,000 x <u> 0.00358    </u>

                         1 - (1+0.00358 ) ^ - 360

M=$220,000 x<u>  0.00358  </u>

                         1- 0.2762

M = $220,000 x (0.00358 /0.7238)

M = $220,000 x 0.0049461

M = 1,088.12

Monthly payments will be $1,088.12

4 0
3 years ago
The following set of main points for a persuasive speech on a question of policy follows which pattern of organization? I. A car
snow_tiger [21]

Answer: comparative advantages

Explanation:

Comparative advantages order refers to a method of organizing persuasive speeches whereby the speaker gives points on how the solution to a particular problem is preferable than other solutions that are proposed l.

It is a way of structuring a persuasive speech when the audience knows that there's a challenge regarding a particular thing but wants to be convinced that a particular plan is the best solution when compared to other plans.

In this case, since the speaker is trying to tell the audience that carbon tax is a better solution than an emission trading system to the problem of industrial pollution, then this is referred to as comparative advantage order.

8 0
2 years ago
Which type of corporate information is readily available to investors? a. Financial comparison of operating alternatives b. Mark
Gnom [1K]

Answer:

The correct answer is  c. Amount of net income retained in the business.

Explanation:

In any administration of a company, financial information is important and necessary as it is the basis for a good decision, so that the decision taken is sufficient and timely for executives. Financial management is the information that accounting accounts because it is essential for the decision making of the company.

The financial analysis aims to obtain conclusions about the future of the development of the company's activity, on which it is based on all the information presented in the financial statement and requires an analytical ability.

The need for this information ensures that the financial statements are made, since with the financial statements, the financial situation, results of operations and changes in the company's situation are expressed.

The importance of the financial information of a company, formulates the conclusions and information of the entity, of how it is. With this information in general, the future of the company can be evaluated and decisions made, with which the company benefits.

5 0
3 years ago
Other questions:
  • (a) What is the present value of $34,900 due 9 periods from now, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25
    8·1 answer
  • The average-marginal rule states: a. when the marginal magnitude is rising, the average magnitude must also be rising. b. when t
    6·1 answer
  • Cosmetologist job requirements with bullet points
    9·1 answer
  • The _____ for an accountant is between $40,000 and $50,000.
    14·2 answers
  • A stock that sold for $22 at the beginning of the year was sell- ing for $24 at the end of the year. If the stock paid a dividen
    14·1 answer
  • A company has net income of $130,500. Its net sales were $1,740,000 and its total assets were $2,750,000. Its profit margin equa
    12·1 answer
  • According to the five forces model, an attractive industry would include all of the following characteristics EXCEPT: a. low thr
    12·1 answer
  • A company supplies printing machines to newspaper agencies across the world. Though the product supplied to different countries
    14·1 answer
  • Which type of lender is most likely to charge the highest interest rate?
    11·1 answer
  • When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!