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2 years ago

The person probably most responsible for the direct labor efficiency variance is

1 answer:

6 0

The person probably most responsible for the direct labor efficiency variance is the production manager. Production Managers sort out the business, back and work issues in film and TV preparations. As a Production Manager, you would be accountable for how the generation spending plan is spent and ensuring that everything runs easily amid recording.

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Novak Company purchased Machine #201 on May 1, 2020. The following information relating to Machine #201 was gathered at the end

blondinia [14]

Answer:

i am stuck as well

Explanation:

5 0

2 years ago

AlphaBrona Industries manufactures 50,000 components per year. The manufacturing cost of the components was determined as follow

sashaice [31]

Answer:

Option (a) is correct.

Explanation:

Manufacturing cost:

= Direct materials + Direct labor + Variable overhead + Fixed overhead

= $80,000 + $100,000 + $30,000 + $60,000

= $270,000

Purchase from outside:

= Fixed overhead + Purchase price

= $60,000 + (50,000 × $10)

= $60,000 + $500,000

= $560,000

Effect on income = Purchase from outside - Manufacturing cost

= $560,000 - $270,000

= $290,000

Therefore, the above calculations shows that income will decrease by $290,000.

8 0

2 years ago

A physician saw 24 patients on monday, 16 on tuesday, 25 on wednesday, 8 on thursday, and 22 on friday. what is the average numb

Verizon [17]

19...

1st you add the number of patients she had
24+16+25+8+22= 95

2nd divide the number by the days of the week

95/5=19

please vote my answer brainliest. thanks!

4 0

2 years ago

On January 1, 2020, the Oriole Company had $2,990,000 of $10 par value common stock outstanding that was issued at par and Retai

amm1812

Answer:

Oriole Company

Journal Entries:

July 1:

Debit Cash Account $2,336,000

Credit Common Stock $1,460,000

Credit Paid-in In Excess of Common Stock $876,000

To record the issuance of 146,000 shares of common stock, par $10 at $16 per share.

December 15:

Debit Retained Earnings $445,000

Stock Dividends Payable $445,000

To record the declaration of a 10% stock dividend.

Explanation:

a) Stockholders of record on December 31, 2020:

Number of shares in issue at beginning 299,000

Number of shares issued on July 1 146,000

Total 445,000

10% of 445,000 = 44,500 shares

b) Stock Dividends declared on December 15 will result to the issuance of 44,500 shares to stockholders. To finance this stock dividend, the Retained Earnings account is debited while the Stock Dividends Payable is credited. When the shares are issued on January 15, the Stock Dividends Payable (Distributable) will be debited and the Common Stock credited with the par value. The market price of $17 does not affect the company's records.

8 0

2 years ago

Sierra Co. has provided the following information: Work in Process: Feb 1 25,000 units (100% complete for materials, 60% complet

Artemon [7]

Answer:

The answers are as follows:

a. 90, 000 units

b. Materials: 105,000; Conversion: 93,000

c. Materials: $1.4762; Conversion: $2.9785 (rounded to 4 decimal places)

d. $ 400,922 (rounded to whole dollar amount)

e. $31, 078 (rounded to whole dollar amount)

Explanation:

Work in process valuation entails calculating the value of goods which are started and completed during the period plus the value of goods which are not yet completed but have been started during the current period. In order to calculate the required, the following abbreviations will be employed:

Op.Wip is the value of the opening inventory

Current is the total cost of production in the current period

Total C is the total cost of production incurred during the current period including opening inventory

Comp. U is the quantity of completed units in the current period

WIP eq.U is the equivalent units of production for the current period. Equivalent units are the number of units that are computed for partially completed units of production.

Total eq.U is the total quantity of units produced including equivalent units (completed units plus equivalent units)

CPU is the cost per unit of production for materials as well as conversion costs

Mat represents materials and CC represents conversion costs

Part 1

$ $ $ $ $ $

Op. Wip Current Total C Comp. U WIP eq.U Total eq.U

Mat 35,000 120,000 155,000 90,000 15,000 105,000

CC 43,000 234,000 277,000 90,000 3,000 93,000

78,000 432000

Equivalent units: Materials (15,[email protected]% completion = 15,000 units); Conversion (15,[email protected]% completion = 3,000 units)

Cost Per Unit (CPU):

Materials cost: $1.476* ($155,000/105,000 units)

Conversion cost: $2.978** ($277,000/93,000 units)

Total CPU: $4.454** ($1.476 + $2.978)

*1.476190476

**2.978494624

***4.4546851

Part 2:

Work in Process: $

Materials: (15000 units * 1.476190476) 22,142.85714

Conversion Costs: (3000 units * 2.978494624) 8935.483871

Completed units: (90,000 units * 4.4546851) 400,921.659

 432, 000 

3 0

2 years ago