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2 years ago

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

Business

1 answer:

Ad libitum [116K]2 years 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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Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her

Sholpan [36]

The correct answer would be, Planning, Organizing, Leading and Controlling.

Refer to Centrum Springs, Inc. when Riley learns all that it takes to be a manager, he will be involved in Planning, Organizing, Leading and Controlling

Explanation:

A person who is being considered for the position of a manager, must be competent in these four functions of management. The four functions of management are:

Planning
Organizing
Leading and
Controlling

These four functions of management are interconnected and the other one starts after the completion of one function.

So when Riley learns all that it takes to be a manager, then he will be involved in these functions of management, where he will make plans for the growth and profitability of the organization, then he will organize according to those plan, then he will lead others to work towards the plan and finally he will have to do the controlling process to evaluate the outcomes of each implemented plan.

Learn more about functions of management at:

brainly.com/question/13542453

#LearnWithBrainly

5 0

2 years ago

Project A has cash flows of –$74,900, $18,400, $26,300, and $57,100 for Years 0 to 3, respectively. Project B has cash flows of

Marrrta [24]

Answer:

Project A should be accepted NPV 3,948.77

Project B should be rejected NPV -7.086,76

Explanation:

We will calculate the present value of each cash flow at the discount rate of 11.5% using the formula for present value of a lump sum:

$\frac{Nominal}{(1 + rate)^{time} } = PV$

rate for each cashflow will be 11.5%

time will be the year of the cashflow

and the nominal each cash flow

<u>Project B:</u>

Year 1

$\frac{18400}{(1 + 0.115)^{1} } = PV$

PV 16,502.24

Year 2

$\frac{22700}{(1 + 0.115)^{2} } = PV$

PV 18,258.96

Year 3

$\frac{51500}{(1 + 0.115)^{3} } = PV$

PV 37,152.04

Total discounted cashflow: 71,913.24‬

NPV: discounted cashflow - investment

71,913.24 - 79,000 = -7.086,76

Project B should be rejected NPV -7.086,76

Project A:

Year 1:

$\frac{18400}{(1 + 0.115)^{1} } = PV$

PV 16,502.24

Year 2:

$\frac{26300}{(1 + 0.115)^{2} } = PV$

PV 21,154.66

Year 3:

$\frac{57100}{(1 + 0.115)^{3} } = PV$

PV 41,191.87

Total discounted cashflow: 78.848,77

NPV:discounted cashflow - investment

78,848.77 - 74,900 = 3,948.77‬

Project A should be accepted NPV 3,948.77

6 0

2 years ago

Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?

Ber [7]

Answer:

Explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

3 0

2 years ago

The rhythm of the poem is _____. slow and steady throughout fast and erratic throughout steady at first, then more erratic errat

Vinvika [58]

steady at first then more erratic

8 0

2 years ago

Read 2 more answers

Larned Corporation recorded the following transactions for the just completed month. $80,000 in raw materials were purchased on

sesenic [268]

Answer and Explanation:

The Journal entry is shown below:-

a. Raw material Dr, $80,000

To Account payable $80,000

(Being purchase of raw material is recorded)

Here we debited the raw material as it increased the assets and we credited the accounts payable as it also increased the liabilities

b. Work in process Dr, $62,000

Manufacturing overhead Dr $9000

To Raw material $71,000

(Being raw material used is recorded)

Here we debited the work in progress , the manufacturing overhead as it increased the assets and expenses and credited the raw material as it decreased the assets

c. Work in process Dr, $101,000

Manufacturing overhead Dr, $11,000

To Cash $112,000

(Being paid to labor is recorded)

Here we debited the work in progress , the manufacturing overhead as it increased the assets and expenses and credited the cash as it decreased the assets

d. Manufacturing overhead Dr, $175,000

To Accumulated depreciation-Equipment $175,000

(Being manufacturing overhead is recorded)

Here we debited the manufacturing overhead as it increased the expenses and we credited the accumulated depreciation of depreciation as it reduced the assets

5 0

2 years ago