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
Marat540 [252]
3 years ago
5

A company uses a standard-cost system. The company prepared the following budget using normal capacity for the month of May: Dir

ect labor hours 36,000 Variable factory overhead $ 72,000 Fixed factory overhead $162,000 Actual results were as follows: Direct labor hours worked 33,000 Total factory overhead $220,500 Standard DLH allowed for capacity attained 31,500 What is the budget (controllable) variance for May using the two-way analysis of overhead variances
Business
1 answer:
ExtremeBDS [4]3 years ago
8 0

Answer:

$4,500 favorable

Explanation:

The computation of the budget (controllable) variance for May using the two-way analysis of overhead variances is shown below:

Variable overhead per labor hour os

= $72,000 ÷ 36000

= $2 per hour

Now

Budgeted overhead for actual production is

= (31,500 × $2) + $162,000

= $225,000

So,

Controllable variance is

= Budgeted overhead for actual production - Actual overhead

= $225,000 - $220,500

= $4,500 favorable

You might be interested in
Many organizations are concerned about the rising cost of employee benefits and question their value to the organization and to
-Dominant- [34]

Explanation:

The benefits that organizations offer their employees are essential to add value to the job function. Through them, it is possible for the organization to attract and retain qualified employees, in addition to creating a favorable and positive organizational environment for the development of professional skills. The benefits help to motivate the employee and improve the perception and appreciation of their position and the company.

The benefits that most add value to employees are health and retirement plans, in addition to dental plans, paid vacations, etc. These benefits are not mandatory for the employer, but they are great differentials in differentiating jobs in the view of individuals.

5 0
3 years ago
Venus Inc., a producer of high-end computer software, provides merchandising aids to its distributors in the form of interactive
Tanya [424]

Answer: push marketing strategy

Explanation:

A Push Marketing Strategy can sometimes be referred to as the push promotional strategy, and this occurs when businesses take their products to the customers.

In this strategy, different marketing techniques are used by the company to push their products to the consumers. This can be seen in the question given as Venus Inc. is utilizing different methods in order to accelerate the sale of its new product.

6 0
3 years ago
A monopolist maximizes profits by:
klemol [59]

Answer:

c) by setting MR(q)=MC(q) at a q for which p(q) is at least AVC(q)

Explanation:

Profit is maximised at MR= MC and price is greater than MC for monopoly.

6 0
3 years ago
Earl and Mary form Crow Corporation. Earl transfers property, basis of $200,000 and value of $1,600,000, for 50 shares in Crow C
barxatty [35]

Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".

Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.

This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.

1 600 000 - 1 480 000 = $ 120 000.

4 0
4 years ago
Although a sales representative may skip a step in the personal selling process or might sometimes have to go back and repeat st
Verdich [7]

Answer: c. closing the sale is the final—and most satisfying—part of the process.

Explanation:

Closing the sale is NOT the final part of the process but rather the FOLLOW-UP.

And like option e in the question shows, following up can lead to more sales for the representative because following up can guage customer satisfaction and if the customer is satisfied, they could become loyal and recurrent customers.

5 0
3 years ago
Other questions:
  • Which of the following elements of a process most directly impacts or affects process capabilities? Multiple Choice Activities I
    15·1 answer
  • The article describes many ways you can communicate supportively by being assertive. Consider the following defensive comment "Y
    7·2 answers
  • At the beginning of the year, Kullerud Manufacturing had a credit balance in its allowance for doubtful accounts of $10,670, and
    5·1 answer
  • Aaron is a freshman in college who has not yet decided on his major. He is thinking about majoring in operations management and
    6·1 answer
  • What is the name of the practice that consists of requiring pickers to gather the items for several orders at once, but keep the
    13·1 answer
  • For financial reporting purposes, an advance payment for services is NOT recorded as a revenue, but rather recorded as a(n) . It
    6·1 answer
  • The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation
    13·1 answer
  • Popular Company utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On Janu
    12·1 answer
  • Relationship between peer assessment and critical thinking​
    15·1 answer
  • Hello Anyone In The World?? :(
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!