Baker Company has a standard and flexible budgeting system and uses a two-variance analysis of factory overhead. Selected data for the June production activity follows: Budgeted total factory overhead costs (for normal production of 10,00 . units) $80,000 Actual factory overhead incurred in the production of 9,500 units $78,000 Variable factory overhead rate per unit, 2 hours @ $2.50 $ 5 Standard
direct labor hours 25,000 Actual direct labor hours 26,000 The production-volume variance for June is:
a. $1,500favorable.
b. $1,500 unfavorable.
c. $2,00 . favorable.
d. $2,00 . unfavorable.
b
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A) 0 B) 10 C) 50 D) 80 E) 100
Which of the following is true of a land contract?
A. The trustee holds legal title to the property put up as security. B. The buyer agrees to pay the purchase price over a period of time. C. If a buyer defaults, the seller does not have the right to declare forfeiture. D. The lender holds legal title to the property put up as security.
There are typically _______ wastes associated with lean.
What will be an ideal response?
As cells become smaller, antennas move from the tops of tall buildings or hills, to
the tops of small buildings or the sides of large buildings, andfinally to lamp posts, where they form ___________. Fill in the blanks with correct word