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Varvara68 [4.7K]
3 years ago
14

The following data have been provided by XYZ Corporation, a company that produces forklift trucks: Budgeted production 3,400 tru

cks Standard machine-hours per truck 2.9 machine-hours Standard supplies cost $ 1.50 per machine-hour Actual production 3,800 trucks Actual machine-hours 10,930 machine-hours Actual supplies cost (total) $ 17,496 Supplies cost is an element of variable manufacturing overhead. The variable overhead efficiency variance for supplies cost is:
Business
1 answer:
Vika [28.1K]3 years ago
8 0

Answer:

Variable overhead efficiency variance= $135 favorable

Explanation:

Giving the following information:

Standard supplies cost $ 1.50 per machine-hour

Standard machine-hours per truck 2.9 machine-hours

Actual production of 3,800 trucks

Actual machine-hours 10,930 machine-hours

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

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (2.9*3,800 - 10,930)*1.5

Variable overhead efficiency variance= (11,020 - 10,930)*1.5

Variable overhead efficiency variance= $135 favorable

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Ideally, capital budgeting analysis should take cash flows into account . Understanding the nature of projects Capital budgeting
andrew11 [14]

Answer:

Replacement project

Explanation:

A Replacement project is a project where to initial investment is disposed of and new investments are made to replace the investments disposed of.

Here the old cars are replaced with new ones. So, it is a replacement project

An expansion project is a project undertaken to increase the capacity or reach of a firm.

8 0
3 years ago
Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many year
s344n2d4d5 [400]

Correct/Complete Question:

Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many years earlier.

A. Sarbanes-Oxley Act

B. Lilly Ledbetter Fair Pay Act

C. Equal Pay Act

D. Fair Labor Standards Act

Answer:

B. Lilly Ledbetter Fair Pay Act

Explanation:

In 2009, the Lilly Ledbetter Fair Pay Act was enacted by the US congress. The act was aimed at worker protection against discrimination in pay thus giving individuals who are facing such situation a way to seek redress or rectification according to the federal anti discrimination law.

Cheers.

6 0
3 years ago
All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT:
Softa [21]

Answer:

All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT: Consumer demand for organic foods has significantly decreased the amount of meat produced by most agribusiness firms.

Explanation:

Organic foods are grown without the use of synthetic additives like fertilizer and pesticides for plants, antibiotics and growth hormones for animals.

Consumer demand for organic products due to its health benefits has not significantly decreased the amount of meat produced by most agribusiness firms. Instead, it has created another lucrative business niche for meat production corporations.

Organic foods are now being produced to meet the demand for it along side with those that are not organic.

There is however a higher charge associated with organic foods.

8 0
3 years ago
Enterprise application vendors have created ________ to make their own customer relationship management, supply chain management
adoni [48]

Answer:

E-business suites

Explanation:

E-business suites also known as the Apps or the Application which comprise of the ERP (Enterprise resource planning), SCM (Supply-chain management) and the CRM (Customer relationship management) which are either acquired by the Oracle.

So, the vendors of the enterprise application establish a e-business suites in order to make their own relationship with the customer relationship and the supply chain management.

5 0
3 years ago
Which of the following is likely to require the most education?
ladessa [460]

Answer:

A. Hand packer

Explanation:

Bachelors degree refers to an academic degree (certificate) awarded to a student by a tertiary institution (university or college) after the completion of his or her educational programme.

Additionally, a certification can be defined as a recognition given for completing a course of study or passing an examination. This is to certify that the individual is a professional in that course of study. Some examples are CCNA, Comptia A+, HSE I and II.

A hand packer refers to an individual (employee) who is saddled with the responsibility of packing and/or packaging varieties of finished goods (products) in an assembly line.

Basically, hand pickers are employed to pick and package finished goods into their respective containers so as to get them ready for distribution to the consumers.

Hence, hand packer is most likely to require the most education when compared with a warehouse stocker, curator, and restaurant dishwasher.

7 0
3 years ago
Read 2 more answers
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