Business, 30.11.2021 21:20 destinyleisantos
Theory Enterprises uses a standard cost system and prepared the following budget for May when 24,000 machine hours of activity were anticipated: variable overhead, $48,000; fixed overhead: $240,000. Actual data for May were:
Standard machine hours allowed for output attained: 25,000
Actual machine hours worked: 24,000
Variable overhead incurred: $50,000
Fixed overhead incurred: $250,000
The variable-overhead spending and efficiency variances for Theory are:
Fixed overhead Budget Fixed overhead volume variance
variance
A. $ 0 $ 10,000 favorable
B. $ 10,000 favorable $ 0
C. $ 10,000 favorable $ 10,000 unfavorable
D. $ 10,000 un favorable
E. $ 10,000 unfavorable $ 10,000 favorable
i. Choice A
ii. Choice B
iii. Choice C
iv. Choice D
v. Choice E
Answers: 3
Business, 22.06.2019 10:20
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
Business, 22.06.2019 11:30
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
Business, 22.06.2019 22:00
"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."
Answers: 1
Business, 22.06.2019 23:40
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
Theory Enterprises uses a standard cost system and prepared the following budget for May when 24,000...
Mathematics, 16.10.2020 03:01
Physics, 16.10.2020 03:01
Mathematics, 16.10.2020 03:01
Mathematics, 16.10.2020 03:01
Biology, 16.10.2020 03:01
Biology, 16.10.2020 03:01