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Molodets [167]
3 years ago
10

Teel Printing uses two measures of activity, press runs, and book set-ups, in the cost formulas in its budgets and performance r

eports. The cost formula for wages and salaries is $7,850 per month plus $402 per press run plus $952 per book set-up. The company expected its activity in July to be 206 press runs and 113 book set-ups, but the actual activity was 203 press runs and 112 book set-ups. The actual cost for wages and salaries in July was $196,180.
The spending variance for wages and salaries in July would be closest to
Business
1 answer:
hoa [83]3 years ago
6 0

Answer:

Spending variance                              $100 unfavorable

Explanation:

The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity

                                                                                                    $

Standard cost allowed for the actual activity

=7,850 + (402×203) + (952×112)=                                          196,080

Actual cost                                                                                <u>196,180</u>

Spending variance                                                                       <u> 100</u> unfavorable

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Tim babysits for three hours on the weekend. His current babysitting job pays him $7 an hour. He has a new babysitting job offer
weqwewe [10]
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3 years ago
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Alex17521 [72]

Answer:

$415 underapplied (debit balance)

Explanation:

Predetermined OH rate =

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3 0
3 years ago
Approximately how much of what employees know about their work is attributable to formal organizational training?
sesenic [268]

Options: A. 70% B.30% C.10% D.50%

Answer:10%

Explanation:Formal training is a type of training program conducted by formal Organisations where the employees are assembled in a classroom and are trained by professionals.

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3 years ago
Before prorating the manufacturing overhead costs at the end of 2016, the Cost of Goods Sold and Finished Goods Inventory had ap
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Answer:

Cost of Goods Sold will decrease by $2,679 after proration.

Explanation:

Under-applied or over applied overhead:

= Overhead incurred - Overhead applied

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= (-$3,700)

Therefore, the Cost of Goods Sold after the proration:

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= ($3,700 × $57,700) ÷ ($57,700 + $22,000)

= $213,490,000 ÷ $79,700

= $2,679

Hence, the Cost of Goods Sold will decrease by $2,679 after proration.

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T-MobileTMimplements a program of texting its current customers to find out what changes they wouldlike to see in the services p
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