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Makovka662 [10]
3 years ago
10

Bonita Industries uses flexible budgets. At normal capacity of 21000 units, budgeted manufacturing overhead is $168000 variable

and $360000 fixed. If Bonita had actual overhead costs of $546000 for 26000 units produced, what is the difference between actual and budgeted costs
Business
1 answer:
Mrac [35]3 years ago
6 0

Answer:

$22,000 Favorable

Explanation:

The computation of the difference between actual and budgeted cost is given below:

Budgeted Variable Manufacturing Overhead Per Unit is

= $168,000 ÷ 21,000 units

= $8

The Fixed Overhead = $360,000

Now

For 26,000 Units, total Overhead Should be:

Variable = 26,000 × 8 = $208,000

Fixed = $360,000

Total = $568,000

And,  

Actual Overhead Cost = $546,000

So,  

Difference between Actual and Budgeted Cost is

= $568,000 - $546,000

= $22,000 Favorable

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Answer:

III) Increase its gross margin

Explanation:

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The only option that increases the value of the company is to increase its net profit, since:

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3 years ago
Initial margin requirements are determined by:________
Goryan [66]

Answer:

b. the Federal Reserve System.

Explanation:

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The initial margin limit is fixed by the Federal Reserve System.

3 0
4 years ago
Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
mr_godi [17]

Answer:

$3,000

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Let plug in the formula

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Bad debts expense=$3,000

Therefore The amount of bad debts expense that Beautiful Lawns will report in 2016 is $3,000

8 0
3 years ago
A music venue offers all of its customers a 40 percent discount on concert tickets for regional bands. It also offers an additio
12345 [234]

Answer:

2 tickets

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There fore a member pays $ 12.5 { (50/100) $ 25) } for ticket

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