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olga55 [171]
2 years ago
10

Bailey Corporation. incurred 2,300 direct labor hours to produce 600 units of product. Each unit should take 4 direct labor hour

s. Bailey Corporation applies variable overhead to production on a direct labor hour basis. The variable overhead efficiency variance Select one: a. will be unfavorable. b. will depend upon the capacity measure selected to assign overhead to production. c. will be favorable. d. is impossible to determine without additional information.
Business
1 answer:
Harrizon [31]2 years ago
4 0

Answer: C. will be favorable

Explanation:

Variable overhead efficiency variance simply means the difference between the time that it takes to manufacture a particular product and the time that was budgeted for the product.

Since the time incurred for the product was 2300 hours while the budgeted time was (600 × 4) = 2400 hours, then the variable overhead efficiency variance is favorable.

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TP6.
Setler79 [48]

Answer:

Yes, common and operational expenses.

The effect on financial statement  would be dynamic, as some figures would fluctuate based on volume

Explanation:

A flexible budget is very much adjustable based on the level of production activity. Hence this will also reflect on the financial statement, if management takes this approach

5 0
3 years ago
In 2019, Wesley has a fairly simple tax situation with moderate wage income and a modest amount of interest income. Wesley, age
asambeis [7]

He may file Form 1040.

Explanation:

Form 1040 is the IRS standard form which is used by individual taxpayers to file their annual tax reports.

Form 1040 is the IRS tax form used mostly for personal tax returns submitted by US citizens by the federal government. Form 1040 is a form. The method estimates the taxpayer's gross taxable income and specifies how much the government has to pay or repay.

Who can file? If a person passes the Substantial Appearance Test or the Green Card Test, but some cases exist; people who have a taxable earnings in the US, but refuse to meet the obligation to be resident aliens, must register for taxation purposes for non-resident aliens.

3 0
3 years ago
The skills, knowledge, and experience of an individual or group and its value to an organization refers to _____.
kirill [66]

Answer:

Human capital

refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees

8 0
2 years ago
One year ago, Stacey purchased 100 shares of KNF stock for $3,245. Today, she sold those shares for $35.00 per share. What is th
Nataly [62]

Answer:

7.86%

Explanation:

The computation of the capital gain yield on the investment is shown below:

As we know that

Capital gains yield is

= (Selling price per share × number of shares purchased) ÷ (Stock value) - 1

= $3,500 ÷ $3,245 - 1

= 0.07858

= 7.86%

We simply applied the above formula so that the capital gain yield could come and the same is to be considered

3 0
3 years ago
Even though it was extra work for the company to implement, Johan was happy that consumers had asked for a better grade of plast
aliya0001 [1]

It should be noted that the competitive advantage of Johan's company is being affected by Demand conditions.

<h3>What are Demand conditions?</h3>

Demand conditions  can be regarded as the size and nature of the customer base for products,  and this usually bring about innovation and product improvement.

This is why Johan was happy that consumers had asked for a better grade of plastic for the toys his company produced.

Learn more about Demand conditions at:

brainly.com/question/4804206

7 0
2 years ago
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