Answer:
See below
Explanation:
With regards to the above, Green's variable overhead spending variance is computed as
= Flexible budget - Actual variable overhead.
Given that
Flexible budget in variable overhead = $176,000
Actual variable overhead = $100,000
Therefore,
Variable overhead spending variance
= $176,000 - $100,000
= $76,000 F
Answer:
$23,520
Explanation:
The computation of book value of the machine is shown below:-
Machine cost $28,000
Less: Depreciation $4,200
($28,000 - $2,800) ÷ 6
Book Value at beginning
of Year 2 $23,800
Add: Improvements $7,000
Total $54,600
Less: Accumulated
Depreciation for 3 years $31,080
($54,600 - $2,800) × 3 ÷ 5 years
Book Value Dec 31, Year 4 $23,520
Answer:
$170,000
Explanation:
Given that,
Travis Corporation begins the year with $50,000 of tire inventory that means inventories in the beginning of the year.
Purchases of tires during the year = $150,000
At the end of the year,
Purchase cost of remaining inventory = $30,000
Therefore,
Cost of goods sold:
= Beginning inventories + Purchases - Ending inventories
= $50,000 + $150,000 - $30,000
= $200,000 - $30,000
= $170,000
Answer:
The materials and supplies in the planning budget for November
= $2,090 + $15 per vehicle
= $2,090 + $15 x 89 vehicles
= $2,090 + $1,335
= $3,425
The correct answer is D
Explanation:
The materials and supplies in the planning budget are comprised of a fixed cost of $2,090 plus a variable cost of $15 per vehicle. The number of vehicle budgeted for was 89 vehicles. Thus, the materials and supplies in the planning budget will be $2,090 plus $1,335 x 89 vehicles.
Wages because employees receive wages every week
<span />
