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
Alex Ar [27]
3 years ago
14

Bailey Company's flexible budget cost formula for indirect materials, a variable cost, is $0.60 per unit of output. If the compa

ny's performance report for last month shows an $800 favorable spending variance for indirect materials and if 9,000 units of output were produced last month, then the actual costs incurred for indirect materials for the month must have been:
Business
1 answer:
kolezko [41]3 years ago
4 0

Answer:

$4,600

Explanation:

Standard rate = $0.60

Unit produced = 9,000

Favorable spending variance = $800

Material spending variance = [Standard rate - Actual rate) * Unit produced

Material spending variance = [Standard rate*Unit produced - Actual rate*Unit produced

$800 = [$0.6*9000) - Actual cost

Actual cost = [$0.6*9000) - $800

Actual cost = $5,400 - $800

Actual cost = $4,600

You might be interested in
A _____ is subsidiary to the work-in-process account and is the primary document for accumulating all costs related to a particu
kolezko [41]
I think it’s C I’m not for sure
7 0
4 years ago
Mitch likes his coworkers, thinks his pay is fair, and appreciates the interesting assignments his boss gives him, so Mitch is l
marin [14]

Answer:

D. job satisfaction

Explanation:

Job satisfaction measures how contented a staff is with his job. It measures how the employee feels about his job.

Mitch likes his job, his co workers and his salary. Mitch is likely to have a high job satisfaction

I hope my answer helps you

7 0
3 years ago
The Walden Manufacturing Corp. has office support salaries of $5,200, factory supplies of $2,300, indirect labor of $7,300, dire
timofeeve [1]

Answer:

Total period cost= $23600

Explanation:

Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business. Period costs are not attached to one particular product or the cost of inventory like product costs.

In this exercise:

Period costs:

Office support salaries of $5,200

Advertising expense of $3,800

Office expense of $14,600

Total period cost= $23600

7 0
3 years ago
Daniela is a 25% partner in the JRD Partnership. On January 1, JRD makes a proportionate, liquidating distribution of $16,000 ca
zavuch27 [327]

Answer:<u><em> The amount and character of Daniela's gain or loss from the distribution will be $0.</em></u>

Explanation:

Given : Daniela is a 25% partner in the JRD Partnership, liquidating distribution of $16,000 cash, inventory with a $16,000 fair value (inside basis $8,000), and accounts receivable with a fair value of $8,000.

<u><em>Here, Daniela will not recognize any gain or loss on the distribution. She will instead reduce the basis of the inventory she receives in complete liquidation of her interest.</em></u>

4 0
3 years ago
Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries p
bija089 [108]

Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries purchase part of an economy's output, this is called Gross Domestic Product [GDP],

<h3>Gross Domestic Product</h3>

The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.

Although it is often calculated on a yearly basis, GDP can also be computed on a quarterly basis. For instance, the US government estimates the annualized GDP for the entire year as well as each fiscal quarter.

To know more about 'GDP', visit :brainly.com/question/1383956

#SPJ4

6 0
2 years ago
Other questions:
  • Many marketing students initially overlook the importance of marketing channel management because
    6·1 answer
  • The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before li
    10·1 answer
  • numerous organizations have developed grants for underrepresented students. All of the following are considered underespented ex
    11·2 answers
  • Specialty Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer to the following information
    10·1 answer
  • Human capital is thea. knowledge and skills that workers acquire through education, training, and experience.b. stock of equipme
    13·1 answer
  • average cost retail method to estimate inventories. Data for the first six months of 2021 include: beginning inventory at cost a
    7·1 answer
  • In preparing the April bank reconciliation for Oscar Company, it was discovered that on April 10 a check was written to pay deli
    14·1 answer
  • What is the BEST definition of profit?
    12·1 answer
  • How can you determine the cost of something without concidering mearly its monitary value
    10·1 answer
  • Which of the following does not describe a product feature?*
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!