Budgeted machine-hours or denominator activity 6,000
Business, 30.03.2020 16:17 holaadios222lol
Budgeted production (in units) 1,200
Budgeted machine-hours or denominator activity 6,000
Actual production 1,500
Standard hours allowed for the actual output 7,500
Budgeted fixed manufacturing overhead $ 21,000
Actual fixed manufacturing overhead $ 22,000
What is the volume variance?
A. $1,000 U
B. $2,520 U
C.$5,250 F
D. $5,250 U
Answers: 1
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Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
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In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
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Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?
Answers: 3
Budgeted production (in units) 1,200
Budgeted machine-hours or denominator activity 6,000
Budgeted machine-hours or denominator activity 6,000
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