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2 years ago

The flexible or telecommuting schedule is most likely an option offered in:

1 answer:

4 0

The flexible or telecommuting schedule is most likely an option offered in alternative work arrangements. Examples of alternative work arrangements are: flexible work schedules, the 4/40 workweek, job sharing, and home based work.

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Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac

erastova [34]

Answer:

$4,500 U

Explanation:

Teall Corporation

Budget variance = Actual fixed overhead cost − Budgeted fixed overhead cost

Actual total fixed manufacturing overhead $ 59,500

Less Budgeted fixed manufacturing overhead cost $ 55,000

Fixed manufacturing overhead budget variance for the month $4,500 U

Therefore the fixed manufacturing overhead budget variance for the month is $4,500 U

4 0

2 years ago

If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one

Westkost [7]

Answer:

560

Explanation:

Thats your answer.

8 0

1 year ago

Read 2 more answers

Absorption and Variable Costing Comparisons: Production Equals Sales Assume that Smuckers manufactures and sells 30,000 cases of

pantera1 [17]

Answer:

a:Total Variable Costs $26

a:Total Manufacturing Costs = $ 30

b:Net Income Variable Costing $100,000

b: Net Income Absorption Costing $ 100,000

Explanation:

Smuckers Manufacturers

Costs per case under Variable Costing

Direct materials per case 16

Direct labor per case 7

Variable manufacturing overhead per case 3

Total Variable Costs $26

Costs per case under Absorption Costing

Direct materials (30,000*16) 480,000

Direct labor (30,000*7) 210,000

Variable manufacturing overhead (30,000*3) 90,000

Total Variable Costs 780,000

Total fixed manufacturing overhead $120,000

Total Manufacturing Costs $ 900,000

Total Manufacturing Costs per Case= $ 900,000/ 30,000= $ 30

The difference between the variable and absorption costing is that the product costs include variable and fixed costs in absorption costing. But in variable costing the product costs include only variable costs.

SMUCKERS

Variable Costing Income Statement

For the Third Quarter of 2017

Sales (30,000*34) 1020,000

Direct materials (30,000*16) 480,000

Direct labor (30,000*7) 210,000

Variable manufacturing overhead (30,000*3) 90,000

Total Variable Costs 780,000

Contribution Margin 240,000

Fixed Expenses 140,000

Total fixed manufacturing overhead $120,000

Fixed selling and administrative 20,000

Net Income 100,000

In this case the net income under both variable and absorption costing does not change because the units produced are units sold. No cost is charged to ending inventory under absorption costing.

SMUCKERS

Absorption Costing Income Statement

For the Third Quarter of 2017

Sales (30,000*34) 1020,000

Direct materials (30,000*16) 480,000

Direct labor (30,000*7) 210,000

Variable manufacturing overhead (30,000*3) 90,000

Total fixed manufacturing overhead $120,000

Total Manufacturing Costs 900,000

Gross Profit 120,000

Fixed Expenses 20,000

Fixed selling and administrative 20,000

Net Income 100,000

3 0

2 years ago

How well acquainted with a sport would a publicist need to be in order to do his or her job effectively?

Mrac [35]

Answer:

at the very least, understand the basics of the sport in question

Explanation:

A publicist is an individual who generates and manages publicity for a company, a brand, or a public figure. If the publicist works for a sports company/magazine they need to, at the very least, understand the basics of the sport in question such as the rules, basic terminology used, player names/states, etc. This is because they need to write articles that make sense, and since the audience reading them will be very well versed in the sport, then the information provided needs to be accurate.

8 0

1 year ago

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where MR = MC). At tha

IgorC [24]

Answer:

a. Profit; $520

b. Firms will enter; Left

c. Zero profits or normal profits

Explanation:

A restaurant is operating in a monopolistic competitive market.

The restaurant is producing 260 meals per day.

This is the profit maximizing level of output where the marginal cost is equal to marginal revenue.

The average total cost at this point is $10.

The price level is $12.

The profit or loss to the restaurant will be equal to the difference between total revenue and total cost.

a. Profit

= Total Revenue - Total cost

= $12 $\times$ 260 - $10 $\times$ 260

= $3,120 - $2,600

= $520

b. This supernormal profit will attract other firms to enter the market, as a result the market share of existing firms will decline. The demand curve of the restaurant will move to the left.

c. In the long run, the firms in a perfectly competitive market earn only zero economic profits as positive profits attract new firms and negative profits cause the firms to leave.

So the restaurant will have zero or normal profits in the long run.

4 0

2 years ago