Xonic incurred the following costs for Tonic: Direct materials - $13,020 Director labor - $31,080 Variable...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Xonic incurred the following costs for Tonic: Direct materials - $13,020 Director labor - $31,080 Variable overhead - $6,500 Fixed overhead - $4,400 Total standard cost of Xonic Tonic is $52,000. Compute the total variance. O a) $1,400 favorable b) $1,400 unfavorable Oc) $3,000 favorable d) $3,000 unfavorable Xonic incurred the following costs for Tonic: Direct materials - $13,020 Director labor - $31,080 Variable overhead - $6,500 Fixed overhead - $4,400 Total standard cost of Xonic Tonic is $52,000. Compute the total variance. O a) $1,400 favorable b) $1,400 unfavorable Oc) $3,000 favorable d) $3,000 unfavorable
Expert Answer:
Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
Posted Date:
Students also viewed these accounting questions
-
A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: Activity...
-
For the current period, Juan Companys standard cost of direct materials is $150,000. The direct materials variances consist of a $12,000 favorable price variance and a $2,000 favorable quantity...
-
Chrysntag Company incurred the following costs for the months of January and February. Type of Cost January February Insurance $ 7,000 $ 7,000 Utilities 2,600 4,000 Depreciation 2,000 2,000 Materials...
-
Learning by doing is an integral part of the course experience albeit online. The intent of this assignment is for you to demonstrate your ability to apply course content. Thus in the Marketing...
-
A marketer must decide whether to incorporate rational or emotional appeals in its communications strategy. Describe conditions that are more favorable to using one or the other.
-
What are the differences between block and modified block letter formats?
-
For a Markov process define its infinitesimal operator: \[T(t) f\left(X_{s} ight)=\int f(y) p\left(t, X_{s}, y ight) d y=E\left[f\left(X_{t+s} ight) \mid X_{s} ight]\] Show that this operator is a...
-
What key reporting options are available to government colleges and universities?
-
Why is A/B testing so useful for marketing, and digital marketing in particular? Give at least two examples of A/B testing for marketing purposes. Give a null and alternative hypothesis for one of...
-
Based on Exhibit 1, the probability of Orion defaulting on the bond during the first three years is closest to: A. 1.07%. B. 2.50%. C. 3.85%. John Smith, a fixed-income portfolio manager at a 10...
-
1. Based on Wild Wood Apartment scenario from (Hands-On Database, an introduction to Database Design and Development Second Edition by Steve Conger) complete the To Do activities described at the end...
-
On 1 October 2022 Pally Co acquired 90% of the ordinary shares of Sally Co by issuing 100 million shares at an agreed value of $1.60 per share and $140 million in cash. At that time (1.10.2022), the...
-
Question 2 (15 points) Saved Using Lenovo as a reference organisation i. Identify 3 sales divisions ii. Identify 2 sales channels [5 marks] [5 marks] iii. Draw an organisation structural diagram...
-
Figure Q2 shows an impulsive acceleration having duration 0.02 seconds and maximum magnitude of 10 m/sec. 10 accn. [m/sec] 0.2 0.4 0.6 0.8 1 time [seconds] Figure Q2 a) If a single degree of freedom...
-
Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information: January 1 Beginning inventory January 12 Purchase January 18 Sales January 21...
-
PART I. ON THE ANSWER SHEET TYPE THE CORRECT ANSWER AS "TRUE" OR "FALSE" NEXT TO THE NUMBER OF THE TEST ITEM. 1. In every deductive argument the premises are linked. 2. In every valid deductive...
-
A designer wants to generate exactly 3700 PSI of stress in a rectangular bar by suspending a 10,000 lb weight from it. One side of the bar measures 1 inches. What should the other dimension of the...
-
Beginning with a country that has a trade deficit, demonstrate graphically what will happen to a countrys potential output with globalization if that countrys costs of production fall. Explain your...
-
Refer to E17.3. How does your answer change if the toy division showed a loss from operations of $ 800,000 and if Hora experiences a gain on disposal of the toy division of $ 500,000? Show your...
-
Following are a partial income statement and a partial balance sheet for Marcy Corporation. From this information, calculate the cash paid for inventory and for each of the operating expenses. MARCY...
-
Refer to P5.7. Assume Grauberger changes the bonus rate to 10 percent. Required A. If Graubergers bonus base is income before bonus or taxes, what is the expected bonus amount? B. If Graubergers...
-
Which of the following is not a reason that the prevention and detection of fraud resulting from management override and collusion presents a significant challenge for the antifraud community? 1....
-
Which of the following statements best describes corporate governance with respect to fraud? 1. Auditors are primarily responsible for the detection of fraud, the Board of Directors for the...
-
Which of the following is not an inherent part of Statement on Auditing Standards, No. 99/113? 1. Greater scrutiny of the chief executive and chief financial officers personal financial condition 2....
Study smarter with the SolutionInn App