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Anna11 [10]
3 years ago
13

Rand Company had May operations as follows. Units actually produced 76,000 Actual direct labor hours worked 160,000 Actual varia

ble overhead incurred $500,000 Actual fixed overhead incurred 384,000
Based on monthly normal volume of 100,000 units (200,000 direct labor hours), Rand's standard cost system contains the following overhead costs:
Variable $6 per unit
Fixed 4 per unit
The unfavorable variable overhead spending variance was:_________
A. 12,000
B. 20,000
C. 24,000
D. 44,000
Business
1 answer:
Pavel [41]3 years ago
4 0

Answer:

B. 20,000

Explanation:

Standard Variable overhead rate = $6 per units / 2 direct labour hour

Standard Variable overhead rate = $3 per hour

Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)

Variable overhead spending variance = 160,000 * (3.125 -3)

Variable overhead spending variance = 160000*0.875

Variable overhead spending variance = 20,000

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What are the determinants of supply? Instructions: In order to receive full credit, you must make a selection for each option. F
inysia [295]

Answer:

Number of producers

Prices of other goods

Technology

Resource prices

Explanation:

Supply is the total amount of goods and services available to consumers in a market

The higher the number of producers, the higher the number of goods produced and  the higher the supply all things being equal. The reverse would be the case if the number of producers fall.

If the price of other good increases, it would be more profitable to produce the other goods. As a result, the number of producers available to  good would reduce.

Technological progress that reduces cost of production and makes production more efficient, would lead to an increase in supply.

If the price of inputs increases, it becomes more expensive to produce the good and as a result, supply would fall.

7 0
3 years ago
Read 2 more answers
Butcher Co. sold 10,000 toys in Year4 for $20 each. The company expects that 5% of the toys will be returned under warranty for
algol13

Answer:

Butcher's warranty expense for Year 4 is $10,000

Explanation:

Since in the question, it is given that 5% of the toys are returned, and the warranty expenses should be charged on the replacement service or repair service. Even, the question has said the same.

So, the warranty expense computation is shown below:

= Sale units of toys × selling price per toy × returned percentage

= 10,000 toys × $20 × 5%

= $10,000

The warranty obligation part is irrelevant. Thus, we don't consider in the computation part. Therefore, it is ignored.

Hence, Butcher's warranty expense for Year 4 is $10,000

4 0
3 years ago
A transaction between two parties who agree to trade money for a product or service is referred to as​ _____ exchange.
zimovet [89]
The answer to this question is: Voluntary exchange
In economy, voluntary exchange refers to the trade of resources between two parties that based on their own will.
This type of exchange usually could only happen because both parties feel that they will be advantaged from the exchange
3 0
3 years ago
An operations manager is performing a factor-rating analysis to help her choose an outsourcing provider. She is focusing on thre
dybincka [34]

Answer:

C) 30.8

Explanation:

The operations manager will determine the factor-rating score by the weighted average of all factors' scores.

Factor A - weight: 0.50; score: 30

Factor B - weight: 0.20; score: 46

Factor C - weight: 0.30; score: 22

The factor-rating score is:

S = (0.50*30)+(0.20*46)+(0.30*22)\\S=30.8

The factor-rating score for Ling Services is 30.8.

8 0
3 years ago
How do decisions concerning the span of management and the use of committees affect organizational structure?
nevsk [136]

Answer:

Explanation:

Decisions about the span of management and committees affects how decisions are made in the organization. These choices determine if there is an authoritarian structure or more of a democratic structure. Flatter structures give employees more decision-making authority.

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3 years ago
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