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suter [353]
3 years ago
13

The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory ov

erhead) based on 100% of normal capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows: Actual: Variable factory overhead $360,000 Fixed factory overhead 104,000 Standard hours allowed for units produced: 60,000 hours The fixed factory overhead volume variance is
Business
1 answer:
lesantik [10]3 years ago
7 0

Answer:

$26,000 adverse variance

Explanation:

Fixed Overheads Volume Variance = Budgeted Overheads at Actual Output - Budgeted Fixed Overheads

                                                             = $1.30 x 60,000 hours - $1.30 x 80,000

                                                             = $78,000 - $104,000

                                                             = $26,000 adverse variance

The fixed factory overhead volume variance is $26,000 adverse variance

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A steering committee identifies and assesses all possible systems development projects that the organization could undertake.
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The appropriate response is Information Systems Planning. It is the procedure whereby a senior chief, a business gathering, an IS administrator or a controlling board distinguishes and evaluates every single conceivable framework improvement extends that an association could embrace.
6 0
3 years ago
In its ads for athletic shoes, Sleek Feet LLC uses a trademark that is similar, but not identical, to the famous, registered mar
gogolik [260]

Answer: It might harm the reputation of Trend Flash Ltd. or distinguishing factor is impaired by using similar trademark by Sleek Feet LLC

Explanation:

According to the question, Sleek Feet LLC is using similar or alike trademark for their product(shoes) as well-established corporation ,Trend Flash already uses in registered form.

Having similar trademark can confuse consumers as they might not able to identify the difference between the trademark. It can end up purchasing wrong brand shoes rather what they actually intend to

This can tamper the reputation of Trend Flash Ltd. as they have well recognized trademark and difference in quality of shoes be a major factor in it.

5 0
3 years ago
Muy Bueno Bakery Company sells three different products. Currently they are not able to meet all of their customers' demand. Usi
cestrela7 [59]

Answer:

c. Pie

Explanation:

In order to determine which product is the most profitable, we must calculate the contribution margin per hour:

                                              Cake               Pie                      Cookies

contribution margin               $18                 $11                          $3

production time                        3                    1                           .30

contribution margin p/hour    $6                 $11                         $10

Pie is the most profitable product, followed by cookies, and cakes are the less profitable products.

4 0
3 years ago
​ Chandra sues Martin for breach of contract. Both parties have completed discovery. Chandra now wants her attorney to file a mo
Vlada [557]

Answer:

Chandra should request her attorney to file a motion for summary judgement because both parties have past the pleading stage of litigation and they both have also completed discovery. Since enough evidence was gathered during discovery, then Chandra is entitled to judgement.

8 0
3 years ago
Last year Ann Arbor Corp had $195,000 of assets (which equals total invested capital), $305,000 of sales, $20,000 of net income,
telo118 [61]

Answer:

10.67%

Explanation:

For computing the change in ROE first we have to find out the debt and equity values which are shown below:

The debt value = Total invested capital × debt rate

                         = $195,000 × 37.5%

                         = $73,125

And, the equity value = Total assets - debt value

                                   = $195,000 - $73,125

                                   = $121,875

Now we apply the Return on Equity formula which is presented below:

= (Net income ÷ Total equity) × 100

The net income is $20,000 and the equity value would remain the same

So, the ratio would be = ($20,000 ÷ $121,875) × 100 = 16.41%

And if the net income raise to $33,000

Then the new ROE would be = ($33,000 ÷  $121,875)  × 100 = 27.07%

So, the change in ROE

= New ROE - Old ROE

= 27.07% - $16.41%

= 10.67%

4 0
3 years ago
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