Complete Question
River Mills manufactures reproduction antique furniture using historic manufacturing methods. River often uses waterpower, which is not only historically accurate, but also saves energy costs. Although River uses oldminus fashioned manufacturing techniques it is still a modern company that performs modern business analysis. River incurred actual fixed manufacturing overhead costs of $265,000. Using standard costing, River allocated $255,000 in fixed manufacturing overhead costs. If River observed a $1,500 unfavorable fixed manufacturing overhead volume variance, what amount had management budgeted for fixed manufacturing overhead?
Answer:
The budgeted fixed manufacturing overhead is R = $256500
Explanation:
From the question we are told that
The actual actual fixed manufacturing overhead costs is k = $265,000
The fixed manufacturing overhead costs is u = $255,000
The fixed manufacturing overhead volume variance c = $ 1,500
The budgeted fixed manufacturing overhead is
substituting values
R = $256500
Hi!
An agreement among firms regarding price and/or production levels is called collusion. =)
Answer:
b) III.
Explanation:
Required Supplementary Information (RSI) of a state or local government includes the Management’s Discussion and Analysis (MD&A) section. Other than this, there is a separate section which includes the following:
- Schedules
- Statistical Data
- Budgetary Comparison Schedules & Other Information.
Required Supplementary Information includes Budgetary comparison schedules but does not includes remaining options given the question such as Individual fund statements and Combining statements.
Answer:
The correct answer is (D)
Explanation:
One of the most significant perspectives to be considered in connection is to frame a benchmark plan. Execution estimation and target-setting are essential to the development procedure, however a pattern plan is basic and is considered as an initial step. While numerous private companies can run themselves easily without target-setting, however every organisation must have a plan and a way to execute those plan.