The static manufacturing overhead budget based on 40,000 direct labour hours shows budgeted indirect labour costs of
Question:
Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
The performance is unfavourable The budgeted indi...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118033890
3rd Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
Question Posted:
Students also viewed these Managerial Accounting questions
-
The static manufacturing overhead budget based on 40,000 direct labor hours shows budgeted indirect labor costs of $54,000. During March, the department incurs $65,000 of indirect labor while working...
-
The static manufacturing overhead budget based on 40,000 direct labor hours shows budgeted indirect labor costs of $54,000. During March, the department incurs $64,000 of indirect labor while working...
-
Ranier Corporation manufactures a single product. The standard cost per unit of the product is shown below: The predetermined manufacturing overhead rate is $7.50 per direct labour hour ($15.00 2)....
-
List the directors duties in respect of going concern basis.
-
When it released its first quarter earning for fiscal 2007, FedEx Corporation also projected that its shipping volume would be lighter and that its profit growth would be the lowest in years. As...
-
Watson Technical Institute (WTI), a school owned by Tom Watson, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its...
-
Two plates are at temperatures of \(T_{1}\) and \(T_{2}\) and a chemical reaction is producing heat at a constant rate within the system. Derive a model to predict the temperature distribution within...
-
Rapid Scooters plans to sell a motorized standard scooter for $ 60 and a motorized chrome scooter for $ 75. Rapid Scooters purchases the standard scooter for $ 45 and the chrome scooter for $ 55....
-
What is the output of the following code? try: print("1") raise ValueError("Yikes") print("2") except TypeError: print("3") except ValueError: print("4") except: print("5"). print("6")
-
James is 45 years old. He is planning on retiring at age 65 and he is expecting that he will die at age 95. He has been saving for retirement and currently has $250,000 in savings that is earning 6%...
-
Don Cox has doubts about the usefulness of a master sales budget in evaluating sales performance. Is Don's concern justified? Explain.
-
For the quarter ended March 31, 2012, Westphal Company accumulates the following sales data for its product, Garden-Tools: $350,000 budgeted; $335,000 actual. Prepare a static budget report for the...
-
Blackmon Manufacturing Company makes a product that it sells for $50 per unit. The company incurs variable manufacturing costs of $14 per unit. Variable selling expenses are $6 per unit, annual fixed...
-
What is periodical audit? What are the advantages and disadvantages of periodical audit? Distinguish between continuous audit and periodical audit.
-
(a) Distinguish between internal audit and statutory audit. (b) Can the statutory auditor rely upon the internal audit in carrying out his function as a statutory auditor?
-
Explain the following statement (a) Vouching is the essence of auditing. (b) In vouching payments, the auditor does not merely seek proof that money has been paid away.
-
What precautions are to be taken in the application of internal check system?
-
How an audit programme is prepared? State the objectives of audit programme. What are the steps to be followed in drawing an audit programme?
-
According to the hypothesis of seafloor spreading, molten rock is rising up along the a. Trenches that rim the Pacific Ocean b. Ridges on midocean floors c. Location of the Tethys Sea d. Equator
-
TRUE OR FALSE: 1. Banks with a significantly large share of fixed-interest rate home loans are less exposed to interest rate risks. 2. Although Australian banks are pretty big, they are not...
-
Todd Motor Company manufactures automobiles. During September 2020, the company purchased 5,000 headlights at a cost of $8 per lights. There was no beginning inventory of lights. Todd withdrew 4,650...
-
The U.S. Institute of Management Accountants has developed ethical standards for managerial accountants. Explain the importance of business ethics. Instructions Identify the four specific standards.
-
Zeller Company estimates that 2020 sales will be $40,000 in quarter 1, $48,000 in quarter 2, and $58,000 in quarter 3. Cost of goods sold is 50% of sales. Management desires to have ending finished...
-
5. Recursive method; what is printed if we call mystery (6, 12); public static void mystery (int x, int y) { if (x > y) { System.out.print ("/"); else if (x = y) { } else { System.out.print ("=" + y...
-
Simmonds Products has spent $158,500 (sunk cost) on research to develop low-fat imitation wine. The firm is planning to spend $210,000 on a machine to produce new wine. Shipping cost of $60,000 and...
-
In particular, you were introduced to three decision-making techniques -- majority rule, minority rule by authority or expertise, and consensus rule -- each with their own pros and cons. Using these...
Study smarter with the SolutionInn App