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Irina18 [472]
3 years ago
5

Actual units produced: 13,000 Actual fixed overhead incurred: $742,000 Standard fixed overhead rate: $15 per hour Budgeted fixed

overhead: $720,000 Planned level of machine-hour activity: 48,000 If Auditory estimates four hours to manufacture a completed unit, the company's fixed-overhead budget variance would be:
1. $60,000 unfavorable.
2. $22,000 unfavorable.
3. $60,000 favorable.
4. None of the answers is correct.
5. $22,000 favorable.
Business
1 answer:
valentinak56 [21]3 years ago
3 0

Answer:

 <u>$</u><u> 22,000</u> unfavourable

Explanation:

<em>The fixed expenditure budget variance is the difference between between the actual expenditure and the budgeted expenditure</em>

<em>Fixed overhead expenditure variance =</em>

Budgeted expenditure     =   $720,000

Actual expenditure          =      <u>$742,000</u>

Expenditure variance               <u>$</u><u> 22,000</u> unfavourable

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The Supplies Expense account was debited $1,240 by the Sanford Company for office supplies purchased during the first year of op
Gre4nikov [31]

Answer:

The Decrease in expenses $360

Explanation:

Since the supplies expense is debited by $1,240 for office supplies purchased

and the office supplies on hand is $880

So, the remaining office supplies left is

= Supplies expenses debited for Office supplies purchased -  office supplies on hand

= $1,240 - $880

= $360

This $360 represent that there is a decrease in expenses

5 0
3 years ago
Jules has incorporated a business, The Spree Chocolatier. It has facilities in five major cities in California, Arizona, and Was
Nady [450]

Answer:

Spree Chocolatier would be considered as both the state of incorporation and the state of its principal place of business

Explanation:

The Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business According to federal diversity purposes because based on the information given the Spree Chocolatier which was incorporated by Jules has several of their facilities in five major cities which include California, Arizona, and Washington in which after fulfilling the contract for the 500 fancy desserts for a banquet, the same Spree Chololatier has client in Seattle, Washington which refused to pay which makes Jules to brought suit this means Spree Chocolatier would be considered a citizen of both the state of incorporation and the state of its principal place of business because the state of incorporation and the state of its principal place of business are the 5 major cities in which Jules incorporated his business.

5 0
3 years ago
The number of employees in a company is reduced in the ratio 3 : 2 and the salary of each employee is increased in the ratio 4 :
Doss [256]

Answer:

The initial expenditure of the company on salary is Rs. 72.000

Explanation:

First we need to express the employees ratio in letter

3A=B

2C=D

A and C being the amount of employees

B the salary before, D the salary after

They say the salary after is the slary before minus Rs. 12.000

we can express this as D=B-12.000

We know to that the salary of each employee increased 4 to 5

Then C=(5/4)A or A=(4/5)C

We can have the following equation

2((5/4)A)=B-12.000

A=(2/5)(B-12.000)

we use this in the first expression

3(2/5)(B-12.000)=B

1,2B-14400=B

0,2B=14400

B=72.000

6 0
3 years ago
The __________ provides the same results as a check because it withdraws funds from a checking account.
Paul [167]

Answer:

Option B: Debit card

Explanation:

Checking account is simply a type of an account which helps it users to be able to pay bills. It is an account into which an individual can deposits money and from which an individual also withdraws money by the use of check (writing checks) or using a debit card.

A debit card is a type of withdrawal card that helps an individual to withdraw cash from an ATM or to pay directly for goods or services at stores and restaurants and others. It is also defined as a plastic card used to withdraw cash from a checking account or make payments electronically without having to write a check.

6 0
3 years ago
Jay's new loan to purchase a property includes the seller's existing mortgage. What type of loan is this
timurjin [86]

The type of loan that this is known to represent is what is referred to as the wraparound mortgage loan.

<h3>What is the wraparound mortgage loan?</h3>

This is the type of mortgage that has to do with the fact that the borrower is financing another loan when they have not been able to finance the original mortgage itself.

This type of loan is beneficial to a person given that they would be able to get a system of loan that may not have been possible before.

Hence we have to conclude that Jays financing a property when he has an existing mortgage is what is called the wraparound mortgage loan.

Read more on the wraparound mortgage loan here:

brainly.com/question/14454865

#SPJ1

8 0
2 years ago
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