1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mixer [17]
2 years ago
6

Roadway Corporation produces a special line of plastic toy racing cars. Roadway Corporation , produces the cars in batches. To m

anufacture a batch of the cars, Roadway Corporation , must set up the machines and molds. Setup costs are batch-level costs because they are associated with batches rather than individual units of products. A separate Setup Department is responsible for setting up machines and molds for different styles of car. Setup overhead costs consist of some costs that are variable and some costs that are fixed with respect to the number of setup-hours. The following information pertains to June 2015: Actual Static-budget Amounts Amounts Units produced and sold 15,700 11,950 Batch size (number of units per batch) 325 265 Setup-hours per batch 3 4.25 Variable overhead cost per setup-hour $48 $45 Total fixed setup overhead costs $11,310 $9,010 Calculate the efficiency variance for variable overhead setup costs. (Round all intermediary calculations two decimal places and your final answer to the nearest whole number.) Group of answer choices $435 Favorable $4,810 Favorable $4,810 Unfavorable $435 Unfavorable
Business
1 answer:
r-ruslan [8.4K]2 years ago
4 0

Answer:

the efficiency variance for variable overhead setup costs is $4,810 favorable

Explanation:

The computation of the efficiency variance for variable overhead setup costs is shown below;

= ((15,700 ÷ 265) × 4.25) × $45 - ((15,700 ÷ 325) × 3) × $45

= $11,330.6604 - $6,521.5384

= $4,809.12 favorable

= $4,810 favorable

hence, the efficiency variance for variable overhead setup costs is $4,810 favorable

You might be interested in
Suppose that the central bank must follow a rule that requires it to increase the money supply when the price level falls and de
Ann [662]

Answer:

A). Decrease the money supply so interest rates rise.

Explanation:

This could be explained simply because change in money supply results in changes in price levels and/or a change in supply of goods and services. An increase in money supply results in a decrease in the value of money because an increase in money supply causes a rise in inflation. As inflation rises, the purchasing power, or the value of money, decreases.

A change in interest rates is one way to make that correspondence happen. A fall in interest rates increases the amount of money people wish to hold, while a rise in interest rates decreases that amount. A change in prices is another way to make the money supply equal the amount demanded.

6 0
3 years ago
Read 2 more answers
DiskSan has to order flash transistors ($5 each) to create USB flash memory drives. Their monthly demand is 10,000 units, their
Bingel [31]

Answer

Economic order quantity will be 447.21

Explanation:

We have given monthly demand = 10000 units

We know that 1 year = 12 month

So Annual demand (D) = monthly demand × 12 months = 10000 × 12 = 120000 units

Cost of transistor = $5 per unit

Monthly Holding cost = 10% of cost = 10% of $5 = $0.50

So annual holding cost (H) = monthly holding cost × 12 = $0.50 × 12 = $6

Setup cost(S) = $5

We know that economic order quantity is given by

Economic order quantity = \sqrt{\frac{2DS}{H}}=\sqrt{\frac{2\times 12000\times 5}{6}}=447.21

7 0
3 years ago
An estimated three-quarters of what product sold in naples originate in the black market?
Ivanshal [37]
<span>This is because the tax on a carton of cigarette is about $10plus. It used to be $3plus before the Obama administration and when the cost of tax is added to the sales price, it makes it more expensive for the average consumer, however, black market sellers usually avoid paying taxes thats why it is black market.</span>
7 0
3 years ago
Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it
Readme [11.4K]

Answer: $24,747.92  

Based on the given amounts of increased in savings for the first 3 months, we have the following assumptions:

1) That the savings increase by 2.44% monthly

$18,962.50 -18,500=462.50, 462.50/18962*100=2.44%

$19,436.56--$18,962.50=$474.06, 474.06/19,436.56*100=2.44%

$19,922.48-$19,436.56=485.92, 485.92/19,922.48*100=2.44%

2) That the monthly interest for the first 3 months had an incremental of $0.30 monthly

462.50,474.06 and 485.92 has an incremental of 11.56 and 11.86 (with a difference of .30)

Continuing on with the increments gives savings of $24,747.92 in the 12th month.

4 0
3 years ago
Read 2 more answers
1. The following are categories of accounts reported in the financial statements: A. Current Assets E. Long-Term Liabilities B.
kondaur [170]

Answer:

E, B, D, C, A, G, H, F

Explanation:

Bonds Payable - <em>Long-term liabilities</em>

Buildings - <em>Fixed assets</em>

Accrued Liabilities - <em>Current liabilities</em>

Intangibles - <em>Intangible assets</em>

Inventory - <em>Current assets</em>

Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals

Accumulated Depreciation - <em>Expense</em>

Retained Earnings - <em>Stockholder's equity</em>

3 0
3 years ago
Other questions:
  • The jones' have always admired a house that sits on the top of a hill owned by the smiths. martin is a mutual friend of both the
    12·2 answers
  • Kim Lee is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is livi
    12·1 answer
  • Discouraged workers are
    14·1 answer
  • What is the monthly payment on a $770,000 mortgage? assume a standard 30-year, 5.5% mortgage with monthly payments?
    15·1 answer
  • Use the following data to compute total manufacturing costs for the month:
    11·1 answer
  • A marketing research project might involve analyzing ______ collected from grocery store scanners in order to produce ______ tha
    10·1 answer
  • For an extra level of security, some smart cards today store ____ data in the card and use that data to authenticate the card's
    15·2 answers
  • The role of music my life... <br>​
    11·1 answer
  • Bryant leased equipment that had a retail cash selling price of $650,000 and a useful life of five years with no residual value.
    12·1 answer
  • A job sample performance test requires that the applicant actually do a sample of the work that the job involves. Which of the f
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!