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
A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The custom
pychu [463]

Answer:

Money market instruments is the best place for the investment.

Explanation:

Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of  time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.

4 0
2 years ago
Lori contracts to buy coffee beans for her store from Mike. The contract price is $7.50 per pound of Costa Rican coffee. Mike br
Ksju [112]

Answer:

the difference between the contract price of coffee and what Lori will have to pay to secure alternative coffee

Explanation:

Lori wanted to buy coffee beans for that she paid the contract price of $7.50 per pounds to mike. Mike has breached the contract which is why Lori has lost $7.50.  Now to buy coffee beans she will contact some other supplier and pay them to secure alternative coffee. So, in total Lori's damages are the contract price of coffee and what she will pay some other vendor to secure coffee beans.

4 0
3 years ago
Which type of system would you find citizens paying higher taxes in order to have the Government provide some benefits for socie
kkurt [141]

Answer:

ghihgihihgiogiog

Explanation:

4 0
2 years ago
Which phrase best describes a function
Nata [24]

It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.

Hope this helps!

5 0
3 years ago
____________________An asset that lacks this attribute may take a long time to sell or be collected (so that it can be converted
g100num [7]

Answer:

Liquidity

Explanation:

Liquidity is the degree to which an asset can be converted to cash.  Assets that can easily be converted are described as liquid assets and include stocks and bonds.

Illiquid assets are not easy to sell. These assets may take a long time to sell or may be sold at a much cheaper price than the purchase price in order to make a quick sale. These include real estate, motor vehicles etc.

4 0
3 years ago
Other questions:
  • Eugene Wright is CFO of Caribbean Cruise Lines. The company offers luxury cruises. It's near year-end, and Eugene is feeling kin
    10·1 answer
  • Suppose the supply curve for wool mittens is represented​ as: Q​ = 50​ + 1/2X​ - 5Y​ - 24Z. Which one of the following statement
    11·1 answer
  • What should I do with 200 dollars on Black Friday
    15·2 answers
  • Hearing and listening both involve a mental awareness of sounds occurring around you.
    14·1 answer
  • Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement
    8·1 answer
  • Karen is a senior manager at the american bank. a good part of her workday is spent in meetings with clients, subordinates at th
    7·1 answer
  • Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $500,000, and factory payro
    14·1 answer
  • The Andrews company currently has the following balances in their equity accounts: Common Stock $12,079 Retained earnings $90,36
    11·1 answer
  • Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to be subdivided by center. The firm
    9·1 answer
  • If ABC corporation paid a dividend of $6 per share last year. The stock currently sells for $80 per share. You estimate that the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!