All categories

3 years ago

Geschke Corporation, which produces commercial safes, has provided the following data:

Business

1 answer:

pogonyaev3 years ago

3 0

Answer:

Variable manufacturing overhead rate variance= $10,947 favorable

Explanation:

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

<u></u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* standard quantity

Standard rate= $1.7 per machine-hout

Actual rate= (123,642/79,100)= $1.563

Standard quantity= (8,700*0.1)= 79,170 hours

Variable manufacturing overhead rate variance= 1.7*79,170 - 123,642

Variable manufacturing overhead rate variance= 134,589 - 123,642

Variable manufacturing overhead rate variance= $10,947 favorable

You might be interested in

Elena, who is Hispanic, was told by the personnel director that she did a great job at the interview but that he couldn't hire h

qaws [65]

Answer:

Adverse impact

Explanation:

Adverse impact -

It refers to the aftereffect of any unfair or discrimination of the basis of race , age , gender , religion , educational qualifications , status etc , is referred to as adverse impact .

In the process of hiring in a company or organisation , any discrimination in terms of gender , educational qualification etc. , is very commonly seen , hence is referred to as adverse impact .

As in the given scenario of the question ,

The correct answer is adverse impact .

8 0

4 years ago

Genentech's early development of biotechnology allowed it to overcome many of the pharmaceutical industry's traditional entry ba

zysi [14]

Answer:

C, first mover

Explanation:

A first mover is the first entrant to a particular market. That is, the first to start the manufacture of a certain product.

A first mover strategy is a strategy that allows a firm have control of a market as well as gain competitive advantage. It also helps to give an almost monopolistic control of the market as it can dictate the prices of the product in the market.

Cheers.

6 0

3 years ago

As per the ________, the entity will remain in operation for the foreseeable future.

bulgar [2K]

As per the going concern assumption, the entity will remain in operation for the foreseeable future. A key accounting theory known as the "going concern assumption" states that a company must be financially stable enough to continue operating through the years.

This suggests that a corporation has a lower likelihood of going out of business. In order to stay in business and avoid bankruptcy, it still uses its current assets to pay commitments. Additionally, the company can continue to make profits because it doesn't intend to or won't be required to liquidate them and is anticipated to remain in operation for at least a year.

A company's break-up value is less than its value as a continuing concern. One of the fundamental tenets of generally accepted accounting standards is this (GAAP). When potential lenders or investors look at a company's financial accounts, the going concern assumption might give them insight into the business. They may be less ready to invest in the company or lend money to it if they believe that it will fail financially or in another way during the next 12 months.

Learn more about going concern assumption here brainly.com/question/14511295

#SPJ4

8 0

2 years ago

Which of the following is an example of an annuity? A lump-sum payment made to a life insurance company that promises to make a

yarga [219]

Answer:

A lump-sum payment made to a life insurance company that promises to make a series of equal payments later for some period of time.

Explanation:

4 0

3 years ago

Read 2 more answers

Select the correct answer.

ra1l [238]

Answer:

ans is c three

level pyramid

5 0

3 years ago