Lancelot Corporation manufactures tennis gear and uses budgeted​ machine-hours to allocate variable manufacturing overhead. The following information relates to the​ company's manufacturing overhead​ data: Budgeted output units ​3,000 units Budgeted​ machine-hours ​15,000 hours Budgeted variable manufacturing overhead costs for​ 3,000 units ​$180,000 Actual output units produced ​3,350 units Actual​ machine-hours used ​14,700 hours Actual variable manufacturing overhead costs ​$250,000 What is the​ flexible-budget variance for variable manufacturing​ overhead?

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.

Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it. g

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)