Importance of studying business studies

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead wa

Viefleur [7K]

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead was underapplied during the period.

<h3>What does an unfavorable overhead volume variance mean?</h3>

An unfavorable volume variance indicates that the amount of fixed manufacturing overhead costs applied (or assigned) to the manufacturer's output was less than the budgeted or planned amount of fixed manufacturing overhead costs for the same time period.

Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company's profit will be less than expected.

To learn more about Unfavorable variance visit the link

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4 0

1 year ago

Consumerism is a widely accepted social movement. Proponents of this movement believe that _____ is a right of all consumers. a.

larisa86 [58]

Answer:

b. the right to be informed

Explanation:

Consumerism is a movement that aims to protect consumer's interests. The movement promotes truthful packaging, fair trade practices, truthful product guarantees, truthful advertising etc. These attributes will enable consumers to make informed decisions before purchasing products. Based on the above, option b is the correct answer.

7 0

3 years ago

Whispering Winds Manufacturing has an annual capacity of 81,000 units per year. Currently, the company is making and selling 78,

svetoff [14.1K]

Answer:

Net loss from accepting the order $(56,200 )

Explanation:

Note that Whispering Winds Manufacturing currently has excess capacity

Excess capacity = 81,000 - 78,200 = 2800 units

The relevant cash flows associated with this special order are as follows:

The increase in contribution from meeting part of the offer from the excess capacity
Opportunity cost associated with meeting the part of the special order from existing sales.

Note that the special order would be met as follows

2800 from the excess capacity

2600 from existing sales

5400

$

Total contribution from special order:

(70-65) × 5400 27000

Contribution lost from selling 2,600

at a reduced price:

(102-70) × 2,600 (83,200)

Net loss from accepting the order (56,200 )

7 0

3 years ago

The value of a product minus the costs of raw materials and energy is

nordsb [41]

The gross value is the product minus the costs of raw materials and energy. Gross value allows a company to see the true value they are gaining after the raw materials and time spent to produce the good are complete. The value is an economic measure that allows a company to see where they stand after the contribution of materials and workers are taken out of the equation.

5 0

3 years ago

BusyBody Company expects its November sales to be 25% higher than its October sales of $240,000. Purchases were $100,000 in Octo

saveliy_v [14]

Answer:

$149,000

Explanation:

Cash Budget for the month of November

Receipts :

Cash collections from customers :

From November Sales - ($240,000 x 1.25 x 0.35) $105,000

From October Sales - ($240,000 x 0.60) $144,000

Total Receipts $249,000

Payments :

Payments to Suppliers :

November Purchases ($100,000 x 0.35) $35,000

October Purchases ($100,000 x 0.65) $65,000

Total Payments $100,000

Balance (Receipts - Payments) $149,000

therefore,

The cash balance on November 30 will be $149,000.

5 0

2 years ago

Importance of studying business studies​

Importance of studying business studies