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Anni [7]
3 years ago
12

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 9 hours at $3.60 per hour. During

October, Venus Company spent $157,700 for variable overhead. 46,940 labor hours were used to produce 5,800 units. What is the variable overhead rate variance
Business
1 answer:
schepotkina [342]3 years ago
7 0

Answer:

$11,284 favorable.

Explanation:

With regards to the above, we need to compare the actual overhead paid with the overhead budgeted.

Actual variable overhead paid = $157,700

Budgeted variable overhead [46,940 × $3.60] = $168,984

When we compare the actual variable overhead with budgeted variable overhead, we'll have,

= $157,700 - $168,984

= $11,284 Favourable.

It is favourable because the company paid below the budgeted variable overhead.

Therefore, the variable overhead rate variance is $11,284 favourable.

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Record the necessary entries in the Journal Entry Worksheet below
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Explanation:

The journal entries are shown below:

1. Salaries expense A/c Dr $1,200       ($400 × 3 days)

      To Salary payable A/c Dr $1,200

(Being the accrued salary is recorded)

The 3 days are calculated from December 28 to December 31

2. Salaries expense A/c Dr $4,400         ($400 × 11 days)

Salary payable A/c Dr $1,200

                       To Cash A/c $5,600

(Being the payment is recorded)

3. Now the adjusted balance of Salaries Payable is

= Salaries Payable before adjustment in 2015 + Adjusted balance

= $0 + $1,200

= $1,200

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3 years ago
Global information systems pose challenges because cultural, political, and language diversity magnifies differences in organiza
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Answer:

the correct answer is:

Typically, international systems have evolved without a conscious plan. The remedy is to define a small subset of core business processes and focus on building systems to support these processes. Tactically, managers will have to co-opt widely dispersed foreign units to participate in the development and operation of these systems, being careful to maintain overall control.

Explanation:

Companies when crossing national borders also increase the need for information. International organizations that have a centralized management must be aware of what is happening in the world.

Information Systems Directors will be required to have greater involvement in the evolution and operation of technical tasks. Their participation in the company's strategy will increase and they will have to deal with this process, since they will participate in the changes or advances of the business areas. In addition, they will have to face numerous challenges in the coming years, specifically the optimization of ICT processes and the promotion of the use of best practices (ITIL, CMMI ...), the control and application of new collaborative tools, as well as the Infrastructure rationalization. In short, they will lead the leadership in innovation and value creation of the aforementioned new technologies.

8 0
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How does open book management benefit employees?
lutik1710 [3]

Answer: It helps your employees do their job better.

Explanation: Not only that but it will help all people who work there, know what the job is about and know the full meaning and whole of what it is. I hope this helps!

5 0
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______________ insurance covers damage to your vehicle caused by something other than a collision.
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Collision insurance cover damage
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3 years ago
Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of
Setler79 [48]

Answer:

$240,909

Explanation:

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Number of common stocks issued = 10,000

Value of common stock = $5

Fair value per share = $25

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Now,

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