What is a rat called?

A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea

Artemon [7]

Answer:

$9,911 Unfavorable

Explanation:

Calculation for What is the variable overhead rate variance for the month

First step is to calculate the Standard labor hours Using this formula

Standard labor hours = Actual output x Standard hours per unit of output

Let plug in the formula

Standard labor hours= 1500 x 5.30

Standard labor hours= 7,950

Now let calculate the Variable overhead efficiency variance using this formula

Variable overhead efficiency variance = Actual labor hours - Standard labor hours) x hourly rate for standard variable overhead

Let plug in the formula

Variable overhead efficiency variance= ( 8,800-7,950) x 11.66

Variable overhead efficiency variance=850×11.66

Variable overhead efficiency variance= $9,911 Unfavorable

Therefore the variable overhead rate variance for the month is $9,911 Unfavorable

5 0

3 years ago

Courtney is a self-employed consultant (a business activity). This year her consulting activity generated $19,500 of revenue and

Sonja [21]

Answer:

Revenue and expenses is recorded on Schedule C

Net income is recorded on front page (line 12) of her individual tax return

Explanation:

Courtney records the revenue of her consultancy or business activity as income and records the expenses of her consultancy or business activity for AGI on her Schedule C. She will record her net income given by the diffence between the revenue and expenses

Mathematically.

net income = revenue - expenses

net income = $ (19,500 - 1,500) = $ 18,000

Her net income of $ 18,000 from her consultancy or business activity is recorded on the front page (line 12) of her individual tax return

5 0

3 years ago

1. Max Leonard, vice president of Marketing for Dysk Computer, Inc must decide whether to introduce a mid-priced version of the

ryzh [129]

Answer:

Dysk Computer, Inc.

Yes. Mr. Leonard should quickly add the DC6900-X model to the line of personal computers.

Dysk Computers will be making more profits (contribution margin) following the addition of the new model than it would be generating from selling only the DC6900-Omega and Alpha models.

Explanation:

a) Data and Calculations:

Contribution without the DC6900-X:

DC6900-0mega DC6900-Alpha Total

Expected sales volume 40,000 60,000

Unit Price $4,000 $2,500

Variable cost per unit $2,000 $1,250

Contribution per unit $2,000 $1,250

Total contribution margin $80 million $75 million $155 million

Less lost contribution $30 million $12.5 million $42.5 million

Net contribution margin from old products = $112.5 million

b) Lost Contribution:

a. DC6900-0mega

30% of 50,000 * $2,000 = $30 million

b. DC6900-Alpha

20% of 50,000 * $1,250 = $12.5 million

Total lost contribution = $42.5 million

c) Sales of DC6900-X:

Expected sales volume 50,000

Unit price $5,000

Variable cost per unit $1,750

Contribution per unit $3,250 ($5,000 - $1,750)

Total contribution margin $162.5 million ($3,250 * 50,000)

Identifiable fixed cost $1.0 million

Net contribution margin $161.5 million

Contribution (old products) $112.5 million

Total new contribution $274.0 million ($161.5 + $112.5 million)

d) If the new product is not launched, Dysk Computers will make $155 million total contribution margin from selling its DC6900-Omega and DC6900-Alpha personal computers. With the launch of DC6900-X, its total contribution margin will skyrocket to $274 million after taking into account the lost sales and contribution of $42.5 million that will result from the launch of this new pc. Should Dysk launch the model? Yes.

3 0

3 years ago

Five individuals organized Miami Music Corporation on January 1. At the end of January 31, the following monthly financial data

s344n2d4d5 [400]

Answer:

a. Profit(loss) = Total revenue - Total expenses

= 131,000 - 90,500

= $41,000

The company did in fact generate profit of $41,000 and this can be shown from the Income Statement which is where profit or loss is calculated.

b. A company uses its assets to pay off its liabilities so if the liabilities are less than the assets then the company is capable of paying off its liabilities:

Assets = Cash + Accounts Receivable + Supplies

= 30,800 + 25,300 + 40,700

= $96,800

Liabilities are just the Accounts Payable of $25,700.

Liabilities are less than Assets so Miami Music does indeed have sufficient resources to pay its liabilities.

This information comes from the Balance Sheet which is where assets and liabilities are shown.

7 0

3 years ago

According to Douglas McGregor, the classical perspective on management is consistent with which of the following? a. Theory X ma

victus00 [196]

Answer: Theory X manager

Explanation: The classical theory of management focuses on the efficiency and productivity from the employees. Unlike the modern theory, it does not take into consideration the human attributes and behavior of the employees.

The X managers assumes that his subordinates are little motivated and inefficient. These managers use authoritarian style and strictly monitors the performance of employees. The liberty of employees under such managers is very low.

Hence, from the above we can conclude that option A is correct.

5 0

3 years ago