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
lord [1]
3 years ago
15

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta

ndard hours per unit of output 6.4 hours Standard variable overhead rate $12.80 per hour The following data pertain to operations for the last month: Actual hours 2,650 hours Actual total variable manufacturing overhead cost $34,570 Actual output 150 units What is the variable overhead efficiency variance for the month
Business
1 answer:
galben [10]3 years ago
4 0

Answer:

See below

Explanation:

Given the following;

Standard hours per unit of output 6.4 hours

Standard variable overhead rate $12.80 per hour

Actual hours 2,650 hours

Actual output 150 units

To calculate the variable overhead efficiency variance, we will use the formula below;

Variable overhead efficiency variance

= (Standard quantity - Actual quantity) × Standard rate

Standard quantity = 150 units × 6.4 = 960

Variable overhead efficiency variance

= (960 - 2,650) × $12.80

= $21,632 unfavourable

You might be interested in
Julio has been newly appointed as the CEO of SmartSystems, Inc. He is still learning how various departments function in the org
kondor19780726 [428]

Answer:

"Delegative" is the right response.

Explanation:

  • Whenever a supervisor assigns one and sometimes more employees or assistants responsibility for actions and choices as well as behavior, is termed as a Delegative style.
  • These types of leaders inspire and motivate their department heads to live with the choices that even the successful leader requires.
5 0
3 years ago
The tax treatment of corporate distributions at the shareholder level does not depend on: the character of the property being di
Anna11 [10]
<span> Any distribution of cash or property to the owners of a corporation is known as a corporate </span>distribution<span>. </span><span>
The tax treatment of corporate distributions at the shareholder level does not depend on: </span>The character of the property being distributed.
<span>But it depends on the earnings and profits of the corporation, the basis of stock in the hands of the shareholder and  whether the distributed property is received by an individual or a corporation.</span>
4 0
4 years ago
Assume that Global Cleaning Service performed cleaning services for a department store on account for​ $180. How would this tran
tamaranim1 [39]

Answer:

(B) Increase both assets and equity by $180

Explanation:

The transaction analysis model tells us that:

Assets = Liabilities + Owner's Equity

Owner's equity = Contributed Capital + Retained Earnings

Retained Earnings = Net Income − Dividends

and

Net Income = Income − Expenses

The expanded accounting equation is obtain if all substitutions are made:

Asset = Liabilities + Contributed Capital + Income – Expenses − Dividends

In the Global Cleaning Service`s case:

Assets are increased either because the service is collected or is an account receivable. As the service provided is a revenue (income) is part of the Owner's Equity that also increase. Both, Asset and Owner's Equity, increase in 180.  

7 0
3 years ago
At the green restaurants corporation, an employee survey reports efforts to increase worker satisfaction by redesigning jobs led
ra1l [238]

Based on the scenario, the most likely impact on these trends on the profits of Green Restaurants is that there will be a lower cost present by which this will likely lead their restaurant to gain and increase their profits, having a higher profits.

7 0
3 years ago
Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $
Svetllana [295]

The answer to the question is shown below.

<h3>What is the Interest rate?</h3>
  • In finance and economics, interest is the payment of an amount above the repayment of the principal sum (that is, the amount borrowed) by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by borrower or deposit-taking financial institution.
  • It differs from a fee that the borrower may pay to the lender or a third party.
  • It is also distinct from a dividend, which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a fixed rate, but rather on a pro-rata basis as a share of the reward gained by risk-taking entrepreneurs when revenue exceeds total costs.

Calculation:

Given -

Annual Interest Rate:

  • 5.75%
  • 6.40%
  • 6.00%
  • 7.55%

So, Annual Interest Rate:

  • 5.75% = 1000 × 5.75%= 57.50
  • 6.40% = 1000 × 6.40%= 64.00
  • 6.00% = 1000 × 6.00%= 60.00
  • 7.55% = 1000 × 7.55%= 75.50

So, Semiannual Interest Amount:

  • 5.75% = 1000 × 5.75%/2 = 28.75
  • 6.40% = 1000 × 6.40%/2 = 32.00
  • 6.00% = 1000 × 6.00%/2 = 30.00
  • 7.55% = 1000 × 7.55%/2 = 37.75

Therefore, the answer to the question is shown below.

Know more about Interest rates here:

brainly.com/question/25793394

#SPJ4

The complete question is given below:

Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $1,000. (Round your answers to 2 decimal places.) Find: Annual Interest Amount, and Semiannual Interest Payment

Annual Interest Rate:

5.75%

6.40%

6.00%

7.55%

7 0
2 years ago
Other questions:
  • Financial managers of MNCs should learn how to manage foreign exchange and political risks using proper tools and instruments.
    15·1 answer
  • Boretti has $400,000 in a stock fund. The fund pays a 10% return, compounded annually. If he does not make another deposit into
    12·1 answer
  • Maxim manufactures a hamster food product called Green Health. Maxim currently has 19,000 bags of Green Health on hand. The vari
    13·1 answer
  • "The degree to which a customer’s experience with a product or organization meets or exceeds his or her expectations is often re
    13·1 answer
  • Assume that a pet food manufacturer is considering adding two types of pet food to its existing product line. Research had deter
    9·1 answer
  • A company budgeted unit sales of 320,000 units for January, 2016 and 315,000 units for February, 2016. The company has a policy
    9·1 answer
  • An investment firm offers its customers municipal bonds that mature after varying numbers of years. Given that the cumulative di
    12·1 answer
  • A problem that arises in markets where one party knows more about attributes of the good being sold than the other. Sellers of u
    11·2 answers
  • The placement of proof-point information on product packaging is part of which of the four ps?
    15·1 answer
  • The transistor ushered in the second generation of commercial computers. True or false
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!