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vovikov84 [41]
3 years ago
5

The master budget of Marigold Corp. shows that the planned activity level for next year is expected to be 50000 machine hours. A

t this level of activity, the following manufacturing overhead costs are expected:
Indirect labor $800000
Machine supplies 250000
Indirect materials 250000
Depreciation on factory building 70000
Total manufacturing overhead $1370000
A flexible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of :_________.
a. $1630000
b. $1370000.
c. $1644000.
d. $1574000.
Business
1 answer:
Reptile [31]3 years ago
7 0

Answer:

The correct answer is A.

Explanation:

<u>First, we need to separate the fixed costs and calculate the unitary variable costs:</u>

<u></u>

Fixed costs:

Depreciation on factory building= 70,000

Total unitary varaible cost:

Total cost= 800,000 + 250,000 + 250,000= $1,300,000

Unitary cost per hour= 1,300,000 / 50,000= $26

<u>Now, the total cost for 60,000 hours:</u>

Total cost= 26*60,000 + 70,000

Total cost= $1,630,000

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Answer:

Report of the Independent Accountants

Explanation:

From the question we are informed about An investor who found the following in an annual report: "The financial statements, in our opinion, present fairly the financial position, operating results, and cash flows, in conformity with accounting principles generally accepted in the United States." The section which the annual report was fond by the investor is Report of the Independent Accountants. Independent Accountant's Report can be regarded as a report that encompass broad spectrum of work that has been carried out through an accountant of an independent firms. And this is usually carried for

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3 years ago
A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares
Norma-Jean [14]

Answer:

The total amount of the cash dividend is $7,125

Explanation:

The Dividend is declared to pay all the outstanding shares in the market. Sometime the company has some treasury shares in the stocks which is deducted from the total issued shares to find the outstanding shares. In this case, the issued shares and the outstanding numbers of shares are different.

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3 years ago
During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direc
Marrrta [24]

Answer and Explanation:

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= $22.50 × (4,760 Units × 2 hours per unit - 8,900)

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Stores are overflowing with the latest vampire novel at $10. Store managers are frustrated with the lack of sales. The equilibri
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Though I have no experience in business, I would say it is True.
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3 years ago
TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $2.1 million and there are 130,00
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Answer:

a. $69.46

b. 58.15

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<u>Sales per Share</u>

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