Question: give correct answer both in 20 mins i will thumb up thanks QUESTION 20 Chambers Limited uses flexible budgets. At normal capacity of 16,000 units,

give correct answer both in 20 mins i will thumb up

thanks QUESTION 20 Chambers Limited uses flexible budgets. At normal capacity of

give correct answer both in 20 mins i will thumb up thanks

QUESTION 20 Chambers Limited uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is: 64,000 variable and 180,000 fixed. If Chambers had actual overhead costs of 250,000 for 18,000 units produced, what is the difference between actual and budgeted costs? 2,000 unfavorable. 2,000 favorable. 6,000 unfavorable. 8,000 favorable QUESTION 15 Return on investment is calculated by dividing contribution margin by sales. controllable margin by sales. contribution margin by average operating assets. controllable margin by average operating assets

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

give correct answer both in 20 mins i will thumb up thanks QUESTION 34 A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company...

give answrer in 10 mins thanks QUESTION 20 Chambers Limited uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is: 64,000 variable and 180,000 fixed. If...

give correct answer both in 20 mins thanks QUESTION 8 The Sydney Group uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is 128,000 variable and 360,000...

What is the difference between Questions number 126 and 130 that makes the answer different? Cost Accounting, 13e (Horngren et al.) Chapter 8 Flexible Budgets, Overhead Cost Variances, and Management...

I need help solving my accounting project. i did 4-7 workbook which i have attached below. but 7-10 are incorrect. could someone help me correct from 7-10 quickly please. MI5965 I SEE THE LIGHT...

Would like your help. Need help with study guides. Thanks. FINANCIAL AND MANAGERIAL ACCOUNTING - Fifth Edition E22-32 Requirements 1. Prepare a budgeted income statement with columns for 1,300 units,...

PART 3.2 Madimetja Limited uses a job costing system to measure and trace costs for its fashion clothing. The predetermined manufacturing overhead rate has been calculated as R10,00 per direct labour...

Attached is a project I'm working on and I'm stuck at a crucial point. I need help figuring out what the Planned sales, Desired ending inventory of finished goods as well as the Beginning inventory...

business law For the year ended 30 June 2012, the audit team included a manager, two supervisors, two qualified seniors and three trainees. This audit, which lasted approximately five weeks, was very...

The concentration of a solution is measured six times by one operator using the same instrument. She obtains the following data: 63.2, 67.1, 65.8, 64.0, 65.1, and 65.3 (grams per liter). (a)...

You are responsible for designing the audit of notes receivable for Hickory Appliance Retailers, which sells appliances and electronics to consumers for their homes or small businesses. Hickory...

Identify a defining characteristic of venture capital or equity - backed start - ups. 0 0 : 3 6 : 2 8 Multiple Choice They are inherently safe operations whose growth is dependent on the exploitation...

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...