NEED HELP!! PLEASE ID APPRICATE IT

Skoff Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished

puteri [66]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Refurbishing materials:

Variable cost= $600

Fixed costs= $18,800

Estimated cost= 600*35 + 18,800= $39,800

Actual cost= 600*32 + 18,800= $38,000

Refurbishing activity variance= Estimated - actual cost

Refurbishing activity variance= 39,800 - 38,000= 1,800 favorable

5 0

3 years ago

Marine, Inc., manufactures a product that is available in both a flexible and a rigid model. The company has made the rigid mode

Viefleur [7K]

Answer:

Estimated manufacturing overhead rate= $32 per direct labor hour

Explanation:

Giving the following information:

At the beginning of the current year, management estimated that $672,000 in overhead costs would be incurred and the company would produce and sell 2,000 units of the flexible model and 10,000 units of the rigid model.

The flexible model requires 3.0 hour(s) of direct labor time per unit, and the rigid model requires 1.50 hour(s).

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=

Estimated manufacturing overhead rate= 672,000/(2000*3 + 10000*1.5)= $32 per direct labor hour

8 0

3 years ago

In its income statement for the year ended December 31, 2019, Sheridan Company reported the following condensed data. Operating

olga55 [171]

Answer&Explanation:

Net Income Statment for the Year Ended December 31,2019

Net sales 2,416,300

Cost of goods sold (1,334,200)

Gross Profit 1,082,100 Sales - COGS

Operating expenses (759,720)

Operating Income 292,380 Gross Profit - Operating Expenses

Interest revenue 29,970

Interest expense (71,270)

Loss on disposal of plant assets (15,910)

Other Income (57210)

Net income 235,170 Operating Income + Other income

Other comprehensive income 6,920.

Comprehensive Income 242,090 Net Income - OCI

6 0

3 years ago

Damien Carranza is an nonexempt employee of Verent Enterprises where he is a salesperson, earning a base annual salary of $30,00

Kay [80]

Answer:

Total weekly pay of August = = $ 1468.75

Explanation:

Annual salary = $30,000

Monthly Salary = $ 30,000/12= $ 2500

Salary for 40 hours * ( 4 weeks) = 160 hours = $ 2500

Salary for 1 hour= $ 2500/160= $ 15.625= $ 15.63

He worked additional 4 hours so pay for four hours is = 4 * 15.63= $ 62.5

But as he is a non exempt employee he is entitled to get 1.5 times higher than normal pay for over time so

he will be paid $ 62.5 * 1.5= $ 93.75 for over time

Commission on Sales = 3 % of $25,000

= $ 750

Weekly pay= $ 2500/4= $ 625

Total weekly pay of August = Weekly pay + Commission + Overtime

= $ 625 + $ 750 + $ 93.75

= $ 1468.75

8 0

3 years ago

Kite Sales. Wendy is president of ABC Kites, a business that manufactures kites. Her company’s kites are sold to large toy store

atroni [7]

Answer:

She was involved in objectionable self-dealing.

Explanation:

Wendy was the president of a business, which made the product she started to make individually at her home, after learning it from the business.

That clearly reflects that the business might have provided the knowledge to Wendy, but using that knowledge in benefit of the self and not of the company, is a unethical act on the part of the individual.

Here Wendy the president of company, rather than promoting the products of the company promoted the products she manufactured individually at her home. This clearly proves that she is self oriented in a negative manner which is a loss for the company.

Her acts are objectionable.

8 0

3 years ago