Answer:
$ 2,504,000
Explanation:
Budgeted overhead= $2,375,000
FOH budget variance= $129,000
Actual amount of fixed overhead= $2,375,000+$129,000
=$ 2,504,000
Therefore the actual amount of fixed overhead will be $ 2,504,000
Answer:
OASDI maximum amount in any financial do change but for the year 2020, the OASDI limit is $137,700
if Carson is getting $2,700 each week
Carson will hit the OASDI limit in ($137,700/$2,700) weeks = 51 weeks.
Explanation:
Answer:
production cost; opportunity cost
Explanation:
Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash
Explanation:
The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.
When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.
For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.
Answer:
![\left[\begin{array}{cccc}-&Actual&Variance&Flexible Budget\\Indirect labor&10,760&240F&11,000\\Indirect Materials&7,520&180F&7,700\\Utilities&3,950&450F&4,400\\Supervision&4,200&0&4,200\\dep&1,800&0&1,800\\Prop.taxes&600&0&600\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26Actual%26Variance%26Flexible%20Budget%5C%5CIndirect%20labor%2610%2C760%26240F%2611%2C000%5C%5CIndirect%20Materials%267%2C520%26180F%267%2C700%5C%5CUtilities%263%2C950%26450F%264%2C400%5C%5CSupervision%264%2C200%260%264%2C200%5C%5Cdep%261%2C800%260%261%2C800%5C%5CProp.taxes%26600%260%26600%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
Idirect labor 1
Indirect materials 0.7
Utilities 0.4
fixed per month
supervision 4,200
Dep 1,800
property taxes 600
Units produced
We multiply the variable components rate by the units produced. Then we calcualte the variances
