Reference no: EM132817579
Wendy Wall (WW) makes wall units. For the year, the following details have been budgeted. Output, 10,000 units; factory overheads $1,250,000, of which 60% is variable. Each wall unit should take 2.5 hours of direct labor to produce. WW produced 9,500 units with 24,000 DLH used and $1,175,000 actual overhead was incurred. Overhead is allocated based on direct labor hours (DLH).
Problem 1: What is true of Wendy's overhead variances?
a. Overhead spending variance is $45,000 fav
b. Overhead efficiency variance is $7,500 fav
c. Overhead volume variance is $25,000 fav
d. Overhead spending variance is $37,500 fav
e. None of the above
Acquisition of raw materials
: The costs involved in the acquisition of raw materials and their transportation to the manufacturing company must be managed
|
Define methods and process for gaining access to systems
: Hackers are people and come from all walks of life. While they may share certain characteristics such as being computer savvy, an introvert, and a creative.
|
Find what was the inventory turnover ratio
: Net sales, $8,000,000; average receivables, $980,000; and net income, $700,000. Assuming a 360-day year, what was the inventory turnover ratio for 2019?
|
Identify the seven layers of the osi model
: Identify the 7 layers of the OSI model. Describe 2 to 3 characteristics, protocols, or functions of each layer (i.e. what happens in each layer or what it does)
|
What is true of wendy overhead variances
: What is true of Wendy's overhead variances? WW produced 9,500 units with 24,000 DLH used and $1,175,000 actual overhead was incurred.
|
Calculate the 3-sigma xbar-chart and r-chart control limits
: From a process known to be in control, 6 samples of 3 units each were taken at random intervals and the units in the samples were weighed. The mean (Xbar) and r
|
What blockchain is and what it is not
: This week's discussion centers around the concept of Blockchain. There is still much confusion regarding what Blockchain is and what it is not.
|
What journal entry to record the investment includes debit
: What journal entry to record this investment includes a debit to? Waterway Company acquires 75, 8%, 5 year, $1000 Community bonds on January
|
How many customers are in gtux internal queue
: Noticing the vaccine roll-out and considering that most people spent the last year in their pajamas, you and your colleagues expect a return of fancy events
|