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poizon [28]
2 years ago
7

The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pound

s of direct material and 980 direct labor-hours to produce this output. The company purchased 21,700 pounds of the direct material at $6.70 per pound. The actual direct labor rate was $19.20 per hour and the actual variable overhead rate was $1.80 per hour.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The variable overhead efficiency variance for June is: _________

a. $36 U
b. $36 F
c. $40 U
d. $40 F
Business
1 answer:
horsena [70]2 years ago
8 0

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

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Which of the following management orientations holds that each country in a global marketplace is unique?
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Answer:

Polycentric orientation.

Explanation:

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2 years ago
A firm expects to sell 25,500 units of its product at $16 per unit. pretax income is predicted to be $60,500. if the variable co
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A firm expects to sell 25,500 units of its product at $16 per unit. pretax income is predicted to be $60,500. If variable costs are $8 per unit, total fixed costs must be $143,500.

Fixed costs are costs that stay constant no matter changes in production volume, implying that irrespective of whether output rises or decreases, total fixed costs remain constant within the relevant range.

Rent, labor, depreciation, insurance, and other fixed costs per unit fluctuate over the relevant range, on the contrary.

Given,

Selling price = $16

Variable cost per unit = $8

Units sold = 25,500

Pretax income = $60,500

Contribution Margin = (Selling Price Per Unit - Variable Cost Per Unit) * Units Sold

Substituting the provided information into the above calculation yields,

Contribution margin = ($16 - $8) * 25,500 units                                

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Formula:

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This symbolizes,

Fixed Costs = Contribution Margin - Pretax Income

Substituting the provided information into the above calculation yields,

Fixed Costs = $204,000 - $60,500                

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Hence, the answer is $143,500.

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Explanation:

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