The total of all indirect costs incurred during the manufacturing of a product is known as manufacturing overhead (MOH) cost. Along with the expenses of direct materials and direct labor, it is included in the price of the finished product. The depreciation of equipment, wages paid to factory workers, and electricity used to operate the equipment are typically included in manufacturing overhead costs.
A manufacturer's balance sheet, cost of products income statement, and cost of finished goods in inventory should all reflect production overhead in accordance with generally accepted accounting principles (GAAP).
In order to predict the monthly demand for its product, a producer of printed circuit boards utilizes exponential smoothing with trend. The corporation wants to anticipate sales for January at the end of December. 200 extra boards were estimated to have been sold each month through the month of November. Around 1000 copies have been sold monthly on average. In December, there was a need for 1100 units. The business makes use of = 0.20 and = 0.10. Make a forecast for January that includes trends.
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Answer: A) direct marketing.
Explanation:
Direct marketing derives its name from the direct nature of communication it uses to communicate with customers. This means that in direct marketing, the entity advertising talks to the targets directly instead of having to go through a third party of sorts.
Southwest Airlines advertised its special offer to the intended targets directly via their email which makes this a direct marketing example.
The Horizontal line would represent the price of the tricycles, whereas the vertical axis would represent the number of tricycles sold.
Answer:
Direct material price variance $ 21,000 unfavorable
Explanation:
<em>A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.
</em>
$
6,5000 pounds should have cost (6500× $12) 78,000
but did cost <u>99,600</u>
Direct material price variance <u>21,000 </u>unfavorable
