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Problem 1: Which of the following cannot cause an unfavourable variable overhead efficiency variance?
Select one:
a. Using more direct labour hours or direct machine hours than the standard quantity, given actual output.
b. Higher than expected production accomplished in less than the standard machine hours allowed.
c. Using more of the variable overhead item, such as electricity, than the standard amount allowed.
d. None of the above answers
Show the analysis in a table format. Write one paragraph interpretation of the information - Comment on why the break-even points are different
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Compute the amount of overhead cost that would have been applied to each project during May and determine the cost of goods manufactured for May. Show your work.
If our earnings go down, our stockholders are hurt because stock prices will fall, and our managers will be hurt because their bonuses are tied to earnings.'' What is wrong with the executive's statement?
Bell Company makes fax machines. Currently Bell makes all components of the fax machine in house. An outside company has offered to supply one component, part number B48 for $8 each. Bells uses 15,000 of these components per years. Costs of B48 are a..
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Production was 24 units per year in 2018-2020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Income under absorption costing for 2019 is
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