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
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

You might be interested in
Suppose the country of Stan has fixed its exchange rate to the dollar. The official exchange rate is 0.50 U.S. dollars per rupee
In-s [12.5K]

Answer and Explanation:

1. At 0fficial exchange rate:

100 * 0.5 = $50

what I want to buy would be purchased at $50

at market exchange rate:

0.25 x 100 = $25

products bought from this place are not a good deal as I am paying more than the market exchange rate.

2. at equilibrium exchange rate:

100 x 0.25% = $25

the price is $25

3. from answers 1 and 2, I will not want demand Stan's rupees. the products are costly to get.

4. Stan's currency is obviously overvalued. the people from this country now has increased purchasing power so they can purchase goods in dollars, therefore they would be supplying their currency.

5. They will have to buy up the surplus of rupees so that they can easily keep up with maintaining the rupee at half a dollar.

8 0
3 years ago
Question 10 of 10: you've been meaning to fix those rotted boards on your porch for years. finally, last week the deck gave way.
yulyashka [42]

you've been meaning to fix those rotted boards on your porch for years. finally, last week the deck gave way. No, you will not be able to recover the cost of replacement. This is further explained below.

<h3>What is the cost?</h3>

Generally, the cost; In order to get or carry out (something), one must first spend (a certain quantity of money).

In conclusion, You've been looking at the rotten planks on your porch for years and know you need to do something about it. The deck ultimately collapsed last week. The cost of replacement cannot be recouped, unfortunately.

Read more about the cost

brainly.com/question/14094934

#SPJ1

5 0
2 years ago
Hello. My name is Eric! I'm looking for some advice on what type of investments to consider. I'm 53, my kids are through college
lukranit [14]

Answer:

donate it to a charity.

Explanation:

6 0
3 years ago
Justification for the method of determining periodic deferred tax expense is based on the concept ofa. Matching of periodic expe
sukhopar [10]

Answer:

c. Recognition of assets and liabilities

Explanation:

Determining periodic deferred tax is a consequence of difference of tax as per book profit and profit as per income tax norms.

Thus recognition of deferred tax asset or liability is matching of assets and liabilities, as when we recognize deferred tax asset as in the condition that the tax payable as per income tax is less and as per books is more than deferred tax asset arises.

In this case we recognize the asset, then against that asset recognized is income tax payable, further income tax payable is set off against this asset and income tax expense.

6 0
3 years ago
While implementing an affirmative action plan, an employer is expected to do all of the following except:establish objectives th
Zigmanuir [339]

Answer:

set quotas for the underrepresented groups, and ensure they are met even if it is necessary to hire a less qualified candidate.

Explanation:

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

While implementing an affirmative action plan, an employer is expected to do all of the following;

I. Establish objectives that can be met by applying good faith efforts.

II. Make all employment decisions in a nondiscriminatory manner.

III. Ensure that hiring objectives do not establish a floor or a ceiling for employment of certain groups.

8 0
2 years ago
Other questions:
  • You have a maximum cost-per-click (max. cpc) bid of us$2 for a keyword. to determine the prospective impact of raising this bid
    6·1 answer
  • One primary focus of substantive tests in the finance and investment cycle is on:
    13·1 answer
  • What is the net present value of a project that has an initial cash outflow of $7,670 and cash inflows of $1,280 in year 1, $6,9
    14·1 answer
  • Working for the internal Revenue service is a career in public safety. True or false?
    15·2 answers
  • Dalrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $ 12 comma
    14·1 answer
  • Look at the pic. Help me pls.
    5·1 answer
  • On December 31, 2015, Howells, Inc. appropriately changed its inventory valuation method to FIFO cost from weighted-average cost
    11·1 answer
  • On February 1, 2020, Sheffield Corporation factored receivables with a carrying amount of $740000 to Ivanhoe Company. Ivanhoe Co
    15·1 answer
  • Taraneh wants to create a tutoring center for high school students. She develops a precise statement of the rationale for her bu
    8·1 answer
  • n a small open economy with perfect capital mobility, if the domestic interest rate were to rise above the world interest rate,
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!