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Nezavi [6.7K]
1 year ago
10

Bressman Inc. has provided the following data concerning one of the products in its standard cost system.

Business
1 answer:
Ad libitum [116K]1 year ago
4 0

Answer:

$268 Favorable

Explanation:

Variable overhead variance can be computed by using the following formula,

Budgeted hours = 0.20/unit

Variable overhead efficiency variance

= Standard Overhead rate * (Actual Hours - Standard Hours)

= 6.7 * ( 1,820 - (9300*0.2))

Efficiency variance = $268 Favorable, as actual hours for actual activity are less than standard hours at actual activity.

Hope that helps.

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The following is TRUE about Inventory:________.A. Firms decrease inventory because there is a risk of significant and unpredicta
Aleks [24]

Answer:

The correct answer is option (c).

Explanation:

Solution

From the question sated above the answer is, Firms or organisation decrease inventory because the more we spend on inventory, the more we will need to spend on the other related inventory expenditures.

The reason is because if the inventory is kept full or complete, then the cost related or connected with the maintenance of the inventory increases or goes up and it is not beneficial for the company itself.

7 0
2 years ago
Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. The face value
N76 [4]

Answer:<u> Selling Price = $9803.92</u>

Explanation:

Given:

Treasury bill will provide 2% return in every 6 months.

Time = 6 months

Rate of return = 2% per 6 months

Selling Price of Treasury bill = Face Value / (1 + Rate of Return)^{time period}

Selling Price = $10,000 / (1 + 0.02)^{1}

<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>

5 0
1 year ago
In the simulation, explain how the original order results in one $22 fee, while the Wells Fargo reordering results in four $22 f
aksik [14]

Answer:

In a situation in which the transactions that occurred were been arranged accordingly or just exactly the way the transaction happened which means that the customer will owe the amount of $22.

In a situation in which the transactions are been posted in descending order which is from largest transaction to the smallest transactions the customer money in his or her bank account will reduce quickly which will in turn make customer to have the amount of $88 as overdraft.

Explanation:

In a situation in which the transactions that occurred were been arranged accordingly or just exactly the way the transaction happened which means that the customer will owe the amount of $22 because based on the information given we were told that the customer original order resulted in one $22 fee which means that 1 multiply by $22 fee will give us $22 (1*22) which is the amount owe by the customer.

Secondly in a situation in which the transactions are been posted in descending order which is from largest transaction to the smallest transactions the customer money in his or her bank account will reduce quickly which will in turn make the customer to have the amount of $88 as overdraft reason been that we were been told that the reordering resulted in four $22 fee which means that four multiply by $22 fee will give us $88 (4*22).

4 0
1 year ago
Byron Books Inc. recently reported $13 million of net income. Its EBIT was $20.8 million, and its tax rate was 35%. What was its
grigory [225]

Answer:

Interest expense = $800,000

Explanation:

Given:

Net income = $13,000,000

EBIT = $20,800,000

Tax rate = 35% = 0.35

Find:

Interest expense

Computation:

Net income= (EBIT - Interest expense) × ( 1-tax rate)

$13,000,000 = [$20,800,000 - Interest expense][1-0.35]

20,000,000 = [$20,800,000 - Interest expense]

Interest expense = $800,000

4 0
1 year ago
Whole foods structures its organization in a decentralized manner. what does that mean for the company's operations?
Leokris [45]

Decentralized refers to the process of the activities an organization has within delegation. A centralized organization would have operations coming from a central person or group that has authority over the person or group. A decentralized organization has more independent workers making decisions without being delegated tasks over and over.

4 0
2 years ago
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