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sergejj [24]
3 years ago
13

Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period

just ended: Actual units produced: 14,800 Actual fixed overhead incurred: $791,000 Standard fixed overhead rate: $13 per hour Budgeted fixed overhead: $780,000 Planned level of machine-hour activity: 60,000 If Approach estimates four hours to manufacture a completed unit, the company's fixed-overhead volume variance would be:
Business
1 answer:
Aliun [14]3 years ago
6 0

Answer: 10400 unfavorable

Explanation:

Firstly, we should note that the fixed overhead volume variance is the difference between the standard fixed overhead for actual output and the budgeted fixed overhead.

Budgeted fixed overhead = 780000

The standard fixed overhead for the actual output will be:

= Actual output × Number of hour per unit × the standard fixed overhead rate

= 14800 × 4 × 13

= 769,600

Then, the fixed overhead volume variance will be:

= 769600 - 780000

= 10400 Unfavorable

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resented below is information from Perez Computers Incorporated. July 1 Sold $20,000 of computers to Robertson Company with term
Licemer1 [7]

Answer:

Journal entries

Explanation:

The journal entries are as follows

On July 1      

Accounts receivable $20,000  

            To Sales revenue  $20,000

(Being the sales is recorded)

On July 10

Cash $194,00  

Sales discount $600        ($20,000 × 3%)

         To Accounts receivable   $20,000

(Being the sale is recorded)

On July 17

Accounts receivable $200,000  

            To Sales revenue  $200,000

(Being the sales is recorded)

On July 30

Cash $200,000  

          To    Accounts receivable  $200,000

(Being the amount received is recorded)

4 0
3 years ago
A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future finan
Bezzdna [24]

Answer:

financial plan.

Explanation:

4 0
3 years ago
Target is seeking a new distribution system because A. competition from Amazon and Walmart is intense. B. it needs to speed up r
podryga [215]

The target is exploring a new distribution strategy aimed at speeding up re-cutting and making the seller more inclined as they compete with competitors such as Amazon and Walmart.

<h3>What new distributive strategy Target is focusing on?</h3>

Target is trying a new strategy to distribute products in its stores. The aim is to integrate the target completion cycle from days to hours and to reduce the number of goods in stores.

The center sends small items and often to stores while using the same inventory to fill online orders.

Thus, the correct statement is Option B.it needs to speed up restocking.

Refer distributive strategy for more details,

brainly.com/question/5575565

#SPJ1

6 0
2 years ago
If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then :______
Lapatulllka [165]

Answer:

c. supply will decrease.

Explanation:

If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then supply will decrease.

Generally, when consumers of a particular product notices that the product has an adverse effect on the environment (pollution) or it is a product that causes environmental degradation, they are most likely to stop demanding or buying such products. Consequently, as the demand for such goods falls or decreases; there would be a fall in the supply of such goods. This is so because the demand for goods and services is directly proportional to the amount of quantity supplied.

8 0
3 years ago
Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activi
zmey [24]

Answer:

A. an outflow or decrease of $1,000.

Explanation:

Ending balance of cash = Opening balance of cash + Net cash flow of the period

Ending balance of cash = Opening balance of cash + ( Cash flow from operating activities + cash flow from investing activities + cash flow from financing activities )

$11,000 = $4,000 + $10,000 + cash flow from investing activities - $2,000

$11,000 = $12,000 + cash flow from investing activities

Cash flow from investing activities = $11,000 - $12,000

Cash flow from investing activities = -$1,000

7 0
3 years ago
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