The answer is: [A]: " Nov. "
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People with large heads tend to have high iqs.
Answer:
Judgment.
Explanation:
Intuitive decision making uses ____ to make decisions. Judgment.
Answer:
The predetermined overhead rate for the recently completed year was $25.33
Explanation:
The formula to compute the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
where,
Total estimated manufacturing overhead = Estimated total fixed manufacturing overhead + estimated variable manufacturing overhead rate × estimated labor hours
= $1,230,440 + $3.12 × 55,400 hours
= $1,230,440 + $172,848
= $1,403,288
Now put these values to the above formula
So, the rate would equal to
= $1,403,288 ÷ 55,400 hours
= $25.33
Answer:
1. Total cost of purchases for the month
- = actual purchases x actual price = 200,000 pages x $0.175 per page = $35,000
2. Materials price variance
- = (actual unit cost - standard unit cost) x actual quantity used = ($0.175 - $0.17) x 185,000 = $925 unfavorable
3. Materials quantity variance
= (actual quantity used - standard quantity allowed) x standard price = (185,000 - 170,000) x $0.17 = $2,550 unfavorable
4. Net materials variance
- = materials price variance + materials quantity variance = $925 + $2,550 = $3,475 unfavorable
Explanation:
Actual purchase price $0.175 per page
Standard quantity allowed for production 170,000 pages
Actual quantity purchased during month 200,000 pages
Actual quantity used during month 185,000 pages
Standard price per page $0.17 per page
