answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AVprozaik [17]
2 years ago
14

Porter Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product.

The allocation base for variable overhead costs is direct labor hours. At the beginning of the​ year, the static budget for variable overhead costs included the following​ data: Production volume 6 comma 400 units Budgeted variable overhead costs $ 13 comma 500 Budgeted direct labor hours​ (DLHr) 640 hours At the end of the​ year, actual data were as​ follows: Production volume 4 comma 200 units Actual variable overhead costs $ 15 comma 300 Actual direct labor hours​ (DLHr) 485 hours What is the variable overhead efficiency​ variance? (Round any intermediate calculations to the nearest​ cent, and your final answer to the nearest​ dollar.)
Business
1 answer:
kkurt [141]2 years ago
5 0

Answer:

1,370.85 Unfavorable

Explanation:

Standard rate :

= Budgeted variable overhead costs ÷ Budgeted direct labor hours

= $13500 ÷ 640

Direct labor hours = $21.09 per direct labor hour

Standard time to produce goods :

= Budgeted direct labor hours  ÷ Production volume

= 640 ÷ 6,400

= 0.10 hours

VOH Efficiency Variance

= ( SH − AH ) × SR

where,

SH are standard direct labor hours allowed

AH are the actual direct labor hours

SR is the standard variable overhead rate

(SH − AH ) × SR

= [(4,200 × 0.10) - 485] × $21.09

= (420 - 485) × $21.09

= 1,370.85 Unfavorable

You might be interested in
Suppose the U.S. imports cars from the UK​ manufacturer, McLaren. Consider an appreciation of the pound. Which of the following
olga55 [171]

Answer:

b. and a

Explanation:

Answer:

b. and

Explanation:

Remember, when foreign exchange rates between two currencies of particular country rises (appreciates), it effects is experienced most by the country whose currency hasn't risen. In this case therefore, this would make U.S. consumers pay more dollars for each McLaren car they import from the UK.

Also, to peg the pounds per dollar exchange rate at a level higher than the market clearing exchange​ rate, the UK government needs to buy pounds and sell dollars, because reducing the supply of pounds in the exchange market creates an opportunity for higher exchange prices.

5 0
2 years ago
Kiersten and her four siblings are starting their own home design business. One of their primary goals is keeping the loving rel
Leto [7]

Answer:

Correct option is D.

Explanation:

An accurate recommendation of the Act is that <u>there should be discussion and well understood ways that the partners will handle disagreements.</u>

8 0
2 years ago
Tenpenny Tower was built in 1985. However, the building has been constantly maintained and remodeled. In valuation terms, the bu
sattari [20]

Answer: effective age, chronological age

Explanation:

Effective age is the estimate of the age of a particular structure which is typically based on the condition and the utility of such structure.

Chronological age has to do with the amount of time from the day the building was constructed to the present age.

6 0
2 years ago
Buyer Henry is going to accept seller Shannon's $282,500 counteroffer. When will this counteroffer become a contract.
zhuklara [117]

The counteroffer will become a contract C. When Henry signs the counteroffer.

Although Shannon is agreeing to the $282,500 and can't change that on her end after she has submitted it, Henry still has to accept it and sign for the counteroffer. For the counteroffer to be contractual they have to be signed because there may be other counter offers coming in that could take the place of Shannon's.

3 0
2 years ago
In an outsourcing decision, developing and negotiating the outsourcing contract: is not an area where supply managers believe th
RoseWind [281]

Answer:

The correct answer is is of less strategic importance than identifying opportunities for outsourcing.

Explanation:

Outsourcing consists in the delegation of functions from one company to another that specializes in this task. Among its greatest benefits are cost reduction and access to new technologies, among others, however, if the service provider does not have sufficient capacity to perform this function, it may damage the image of the contracting company. This tool can be used tactically or strategically and can be adapted to the requirements of the company requesting the service, it is implemented at different levels and in areas of the organization that are not essential to gain competitiveness.

7 0
2 years ago
Other questions:
  • The following information pertains to Ortiz Company. Assume that all balance sheet amounts represent both average and ending bal
    15·1 answer
  • Card Corp. purchased bonds at a discount of $49,000, and accounted for the bonds as held to maturity. Subsequently, Card sold th
    9·1 answer
  • Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $127,
    6·1 answer
  • At XYZ Corp., the master schedule reflects the fact that 50 percent of its output is product version A, 30 percent is version B,
    12·1 answer
  • The Grow Your Garden seed company recently conducted a situation analysis. It decided on its marketing goals too. What is its ne
    12·2 answers
  • Smith buys and sells equity securities. On December 15, 2021, Smith purchased $522,000 of Jones shares and elected the fair valu
    12·1 answer
  • A borrower expresses a reluctance to continue signing documents. The Notary Signing Agent may:A borrower expresses concern that
    7·1 answer
  • 6. Harris Corporation is an all-equity firm with 100 million shares outstanding. Harris has $250 million in cash and expects fut
    14·1 answer
  • Calculate the transaction value (in $ thousands) of a theoretical company based on the information provided below. Current Share
    9·1 answer
  • Jamari conducts a business with the following results in 2020: Revenue $20,000 Depreciation on car 3,960 Operating expenses of c
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!