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Misha Larkins [42]
2 years ago
9

Fixed overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was

$8,000 favorable and the fixed overhead spending variance was $6,000 unfavorable, fixed overhead applied must be
Business
1 answer:
Liono4ka [1.6K]2 years ago
3 0

Answer:

$208,000

Explanation:

Calculation for fixed overhead applied

Using this formula

Fixed overhead applied =Budgeted Fixed overhead+Fixed overhead volume variance

Let plug in the formula

Fixed overhead applied =$200,000+$8,000

Fixed overhead applied=$208,000

Therefore Fixed overhead applied must be $208,000

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Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use
Artemon [7]

Answer:

$204,000

Explanation:

Given that

Total manufacturing costs = $320,000

Manufacturing overhead = $52,000

Direct materials = $64,000

The computation of direct labor cost is shown below:-

Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials

= $320,000 - $52,000 - $64,000

= $204,000

Therefore for computing the direct labor cost we simply applied the above formula.

3 0
2 years ago
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The answer should be Perception-Checking

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7 0
2 years ago
"A registered representative who has passed the Series 63 examination wishes to sell managed accounts to customers in differing
Anastaziya [24]

Answer:

The remaining part of the question is:

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B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts

C. The registered representative must post a surety bond prior to selling managed accounts

D. The registered representative is prohibited from selling managed accounts

<u>Correct Answer:</u>

B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts .

Explanation:

Managed or wrap accounts are defined as "investment advisers" in most states. As such, the firm selling managed accounts must register as an investment adviser; and the individuals selling managed accounts for these firms must register as "investment adviser representatives" and pass either the Series 65 or Series 66 examination.

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