Business, 30.11.2019 04:31 math10030

Walthaus corporation's standard cost sheet is as follows direct material direct labor variable overhead fixed overhead 4 feet at $5.00 per foot 3 hours at $10.00 per hour 3 hours at $2.00 per hour 3 hours at $1.00 per hour additional information actual results: purchased 30,000 lbs of material at $5.25 per lb. (there were no beginning or ending material inventories); direct labor cost incurred was 26,000 hours at $9.75 per hour; actual variable overhead incurred, $50,000; and actual fixed overhead incurred $43,000. overhead is applied to work-in-process on the basis of direct labor hours. the company produced 8,000 units of product during the period. the number of estimated hours for computing the fixed overhead application rate totaled 45,000 hours. what are the fixed overhead price and production volume variances? o $2.000 f; $23,000 u $2,000 u; $23,000 f. $4,000 f: $25,000 f. $4,000 f: $25,000 u. none of these.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:20, robert7248

Anderson, a computer engineer, and spouse, who is unemployed, provide more than half of the support for their child, age 23, who is a full-time student and who earns $7,000. they also provide more than half of the support for their older child, age 33, who earns $2,000 during the year. how many dependents may the andersons claim on their joint tax return?

Answers: 3

continue

Business, 22.06.2019 17:40, kennyg02

Because the demand for wheat tends to be inelastic. true or false

Answers: 1

continue

Business, 22.06.2019 20:20, tytybruce2

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?

Answers: 3

continue

Business, 22.06.2019 23:10, smcardenas02

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?

Answers: 2

continue

You know the right answer?

Walthaus corporation's standard cost sheet is as follows direct material direct labor variable overh...