B is the correct answer.
An unfavourable fixed overhead volume variance can be due to all of the following except an increase in utility costs.
<h3>
What is utility costs?</h3>
Utilities costs are the price associated with using services including electricity, water, waste removal, heating, and sewage. Throughout the reporting period, expenses are incurred, calculated, and accrued for, or payments are made. The term "Utility Costs" refers to all fees, surcharges, and other expenses related to providing any utilities that are necessary for the Premises, the Premises, or the Improvements, including, but not limited to, heating, ventilation, and air conditioning costs, costs associated with providing gas, electricity, and other fuels or power sources to the Premises, and costs associated with providing water and sewage services to the Premises.
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Answer:
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Answer:
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded
Answer:
The selling price for Job A is $75,978.00
Explanation:
Molding Finishing Totals
Machine hours 4000 1000 5000
Fixed mnf. overheads 19600 2400 22000
Variable manufacturing
Overheads per machine hours 1.1 2.1
<u> JOB A</u> <u>JOB B</u>
Direct materials 13,600 7500
Direct labour costs 20,700 7400
Molding machines 2700*1.1= 2,970
Finishing 400*2.1= 840
Fixed mnf: molding 19600*4000/5000= 15,680
Fixed mnf: finishing 2400*1000/5000= <u> 480 </u>
Total cost (sum of all the above) $54,270
Mark up = 40%
Mark up=gross profit (GP)*100/cost
40%= GP*100/54270
40*54270/100= GP
GP= 21,708
Sales= cost + GP
Sales= 21,708+54,270
Sales= $75,978.00
<em>Answer: The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources</em>
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<em>Explanation:</em>
