Reference no: EM131061244
Border Company employs a standard costing system and uses a flexible budget to predict overhead costs at various levels of activity. For the most recent year, Border had total budgeted overhead costs of $160,000 for 10,000 direct labor hours and $240,000 for 20,000 direct labor hours. During the most recent year, Border generated the following data:
Actual number of units produced ...................... 2,000 units
Actual variable overhead costs ........................ $135,000
Variable overhead efficiency variance ................. $3,200
Favorable Standard direct labor hours for each unit produced .... 8.5 hours
Calculate the variable overhead spending variance for the most recent year. If the variance is favorable, enter a capital F after your number with a space between the number and the F (i.e., 10,000 F). If the variance is unfavorable, enter a capital U after your number with a space between the number and the U (i.e., 10,000 U). Do not use decimals in your answer.
New range of candies which contain anti-oxidants
: CathFoods will release a new range of candies which contain anti-oxidants. New equipment to manufacture the candy will cost $2 million, which will be depreciated by straight-line depreciation over five years. what are the incremental earnings in the ..
|
Amount of interest earned after two years
: 1. What is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually?
|
Payday loans are very short-term loans
: Payday loans are very short-term loans that charge very high interest rates. You can borrow $500 today and repay $580 in two weeks. What is the compounded annual rate implied by this 16 percent rate charged for only two weeks?
|
Declining growth stock valuation
: Declining Growth Stock Valuation Brushy Mountain Mining Company's coal reserves are being depleted, so its sales are falling. Also, environmental costs increase each year, so its costs are rising. As a result, the company's earnings and dividends are..
|
Standard costing system and uses a flexible budget
: Border Company employs a standard costing system and uses a flexible budget to predict overhead costs at various levels of activity. Calculate the variable overhead spending variance for the most recent year. If the variance is favorable, enter a cap..
|
Importance of globalisation and information technology
: This is an assignment that should be done based on one of the any industry (like fast food or retail chain or so). The topic is importance of globalisation and information technology (including AIS) in modern business and its effectiveness in mana..
|
Identify current or future security issues in sdn
: MN502: Network Security Identify three current or future security issues in SDN and develop theoretical security framework against one of the identified security issues
|
Beta of the new portfolio
: You plan to use the proceeds to purchase another stock which has a beta equal to 0.9. What will be the beta of the new portfolio? Show your answer to 2 decimal places.
|
Estimate the number of actual trays required
: A mixture of benzene and toluene containing 60 mole percent benzene is to be separated into an overhead product containing 96 mole percent benzene and a bottoms containing 25 mole percent benzene.
|