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
alekssr [168]
2 years ago
10

Davis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The follo

wing information is available for September when Davis produced 5,000 units: Standard: DLH per unit 3.00 Variable overhead per DLH $1.80 Fixed overhead per DLH $3.25 Budgeted variable overhead $27,250 Budgeted fixed overhead $49,500 Actual: Direct labor hours 16,000 Variable overhead $31,325 Fixed overhead $49,750 Refer to Davis Company. Using the four-variance approach, what is the variable overhead efficiency variance
Business
1 answer:
evablogger [386]2 years ago
8 0

Answer:

$1,800

Explanation:

Calculation to determine the variable overhead efficiency variance

Using this formula

VOH Efficiency Variance = Budgeted VOH based on Actual - Budgeted VOH/Standard Qty

Let plug in the formula

VOH Efficiency Variance = ((16,000 * $1.80/hr) - ((5,000 * 3.00hrs/unit * $1.80/hr))

VOH Efficiency Variance = $(28,800.00 - $27,000.00)

VOH Efficiency Variance = $1.800

Therefore Using the four-variance approach, what is the variable overhead efficiency variance will be $1,800

You might be interested in
Markets may have difficulty providing the proper quantity of a public good because Group of answer choices individuals will tend
Mariulka [41]

Answer:

individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue

The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.

Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue

3 0
3 years ago
Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1 st
AveGali [126]

Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1st of December but were sent to Kids' Corner on the 5th of December. There has been a(n) _____ of contract.  

A. compensatory breach

B. anticipatory breach

C. material breach

D. concurrent breach

<u>Correct Option:</u>

There has been a <u>material breach</u>  of contract.

<u>Option: C</u>

<u>Explanation:</u>

A contract law concept that applies to a non-performance under the contract that is sufficiently serious to give the grieved party the right to sue for contravention of the contract, is understood as a material break or infringement.

If a substantive violation has occurred, the aggrieved party is therefore deprived of a contractual duty to further results. Here the Kids' Corner toy store ordered a supply of stuffed toys from Toyland Inc. but received order in delay date, which is considered as material breach due to late delivery of expected material.

5 0
3 years ago
Parents can reduce their taxes by:
shusha [124]

Parents can reduce their taxes by using a child care tax credit. The government gives parents tax credit for each child that they have. Unlike tax deduction and exemption, tax credit can be able to reduce more in the parents’ tax bill. Tax deduction just tries to lower the taxable income and not a reduction in other areas. 

8 0
3 years ago
Read 2 more answers
The tax treatment regarding the sale of existing assets that are sold for their book value results in​ ________. A. a capital ga
zepelin [54]

Answer:

C) no tax benefit or liability

Explanation:

when you sell an asset, you must determine the gain or loss on the transaction and that is calculated by ⇒ sales price - book value

If both sales price and book value are the same, no gain or loss will result. You are taxed only when you have a gain, or you get a tax benefit only if you have a loss, but when the net result is 0, nothing happens.

8 0
3 years ago
Why is disney's restructuring and impairment so high?
Ray Of Light [21]

Disney's restructuring and impairment high about $60 million because of the staggering fees and shares Disney was not able to meet. As the interest rate increased, this doubled the amount when Walt Disney was not able to pay off their charges.Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
7 0
3 years ago
Other questions:
  • A piece of equipment costs $30,000, and is expected to generate $8,500 of annual cash revenues and $1,500 of annual cash expense
    12·1 answer
  • If an industry is in long-run competitive equilibrium and experiences a decrease in demand, then as a result the equilibrium pri
    9·1 answer
  • What amount needs to be invested today at 6% simple interest in order to have $4000 in 2 years?
    13·1 answer
  • At dana's new business he's running into problems with employees who don't want to change procedures or do things his way this c
    6·1 answer
  • What is seen as a major downfall to pepfar funding?
    10·2 answers
  • A shift which is designed to cause team b to encroach is a false start.
    5·2 answers
  • "Although experience and expertise are important in the hiring decision, many employers are looking at other attributes to decid
    10·1 answer
  • The management of Nicto Company plans to have an inventory at the end of each month equal to 30% of the next month's sales. Budg
    8·1 answer
  • How do i color clay without food coloring or paint
    7·2 answers
  • What is a public enterprise?<br><br>answer the question ✌​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!