The data below relate to the month of April for Monroe, Inc, which uses a standard cost system and a two-variance analysis of factory overhead: Actual direct labor hours used 16,500 Standard direct labor hours allowed 16,250 Actual total factory overhead $53,200 Budgeted fixed factory overhead $12,000 Budgeted activity in hours 16,000 Total overhead application rate per standard direct labor hour
$3.25 Variable overhead application rate per standard direct labor hour $2.25 What was Monroe's production-volume variance for April?
a. $4,250 favorable
b. $4,250 unfavorable
c. $52,812.50 favorable
d. $52,812.50 unfavorable
a
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On June 30, 2018, Ginger, Inc. showed the following data on the equity section of their balance sheet:
On July 1, 2018, the company declared and distributed a 9% stock dividend. The market value of the stock at that time was $20 per share. Following this transaction, what is the balance of Common Stock?
A) $163,500
B) $57,180
C) $285,540
D) $357,180
Describe the role of the managerial accountant within an organization
List seven graphic devices to use for data illustration and interpretation; include a major objective or purpose for each
________ are people who apply for a vacancy without prompting from the organization.
A. Referrals B. Internal employees C. Direct applicants D. Poached employees E. Virtual employees