horse co. budgeted for $200,000 of fixed overhead cost and volume of 40,000 units. during the year, the company produced and sold 39,000 units and spent $210,000 on fixed overhead. the fixed overhead cost volume variance is:
Answers
The fixed overhead cost volume variance for Horse Co. can be calculated based on the budgeted fixed overhead cost which rounds up to $5,000.
The fixed overhead cost volume variance measures the difference between the budgeted fixed overhead cost and the actual fixed overhead cost based on the difference in production volume.
In this case, Horse Co. budgeted $200,000 for fixed overhead costs based on a volume of 40,000 units. However, during the year, they produced and sold 39,000 units and spent $210,000 on fixed overhead costs.
To calculate the fixed overhead cost volume variance, we first calculate the budgeted fixed overhead per unit: Budgeted fixed overhead / Budgeted volume. In this case, it is $200,000 / 40,000 units = $5 per unit.
Next, we multiply the budgeted fixed overhead per unit by the difference between the budgeted volume and the actual volume: $5 per unit * (40,000 units - 39,000 units) = $5,000.
Therefore, the fixed overhead cost volume variance for Horse Co. is $5,000. This variance indicates the difference between the budgeted fixed overhead cost and the actual fixed overhead cost due to the difference in production volume.
Learn more about variance here:
https://brainly.com/question/31971393
#SPJ11
Related Questions
How does technology trends affect a pharmacy business?
Answers
Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Answers
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books.
Answer:The answer is C
Explanation:
Just took the test
Carl is an electrician. A new building is starting construction. Carl would like to win the contract for
electrical work for the building. He should
do nothing; they will contact him if they need his work
O send a resumé
O call and leave a long voicemail that gives prices and procedures
O create a type of business report called a business proposal
Answers
A enterprise idea is a formal report that's created by means of a enterprise and furnished to a prospect to invulnerable a commercial enterprise agreement. It's a frequent misconception that enterprise proposals and enterprise plans are the same.
The notion targets to promote your product or carrier alternatively than your enterprise itself.
What is called business proposal?Image end result for TO create a type of commercial enterprise document called a commercial enterprise proposal
A commercial enterprise proposal is a document that outlines a proposed enterprise plan, detailing the product or services to be provided, the fees related with the project, and the predicted outcomes.
Is a business concept a report?Some human beings tend to use them interchangeably, though they refer to two kinds of professional documents. A formal research record is carried out to see if a workable assignment will succeed, while a business notion is written with the intention of beginning a new product.
Learn more about business proposal here;
https://brainly.com/question/29454650
#SPJ9
if a company pays termination benefits in a restructuring and future service is not required, the restructuring costs should be recognized: multiple choice question. when the company communicates the arrangement to employees at the end of each year when benefits are paid only if it qualifies as a discontinued operation
Answers
The correct answer is "a. when the company pays the termination benefits."
What effect does termination have?Termination can have a significant impact depending on the context in which it occurs. In the employment context, termination generally refers to the end of an employment relationship between an employer and an employee. The effects of termination on employees can include:
Financial Impact: Termination can have a significant financial impact on employees, particularly if they lose their primary source of income. This can lead to financial stress, difficulty paying bills, and other financial challenges.Emotional Impact: Termination can be an emotional experience for employees, particularly if they were not expecting it or if they feel they were unfairly terminated. It can lead to feelings of anger, sadness, and anxiety.To learn more about termination, click
https://brainly.com/question/28527939
#SPJ1
Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answers
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
Drag each label to the correct location on the image. Not all tiles will be used.
How does a sick employee usually affect an employer or owner?
Answers
The ways that a sick employee usually affects an employer or owner are:
Reduces productivity Disrupts the work schedule Increases medical compensation costs How can a sick employee affect their employer ?When an employee is sick, the employer suffers because there will be reduced productivity in the office. This is because the employee might either not come in due to their being sick, or work really slowly if they do come in, for the same reason. As a result, productivity is lower.
Because productivity is lower, then the work schedule will be disrupted. For instance, if a certain deadline was to be met, it would become much more difficult to meet that deadline with the sick employee not being able to work as fast. The sick employee would then most probably have to go to a hospital or engage in some activity that would be paid for by medical insurance. Should this happen, then the employer will see their medical compensation costs rise as their insurance premiums rise.
Find out more on sick employees at https://brainly.com/question/15842124
#SPJ1
moerdyk corporation's bonds have a 10-year maturity, a 6.25% semiannual coupon, and apar value of $1,000. the going interest rate (rd) is 4.75%, based on semiannualcompounding. what is the bond's price?
Answers
To calculate the price of Moerdyk Corporation's bond, we can use the formula for the present value of a bond's cash flows.
The bond has a 10-year maturity, a 6.25% semiannual coupon rate, and a par value of $1,000. The going interest rate (rd) is 4.75%, which is the discount rate used for the present value calculation.
First, we need to determine the number of periods, which is 10 years multiplied by 2 (for semiannual payments), equaling 20 periods. Next, we calculate the periodic coupon payment, which is $1,000 par value multiplied by the coupon rate of 6.25% divided by 2 (for semiannual payments), equaling $31.25.
Using the present value formula for an ordinary annuity, the bond's price can be calculated as the present value of the coupon payments plus the present value of the par value:
Bond Price = (Coupon Payment / (1 - (1 / \((1 + rd)^n\)))) + (Par Value / \((1 + rd)^n\))
Plugging in the values, we get:
Bond Price = ($31.25 / (1 - (1 / \((1 + 0.0475)^{20}\)))) + ($1,000 / \((1 + 0.0475)^{20}\))
By evaluating the equation, we can determine the bond's price.
Learn more about Moerdyk Corporation's
https://brainly.com/question/15908457
#SPJ4
A comparison of "then" and "now" in business environment reveals what about the market focus and product life cycle. As compared to then, now power in supply chain is while the decision making has become a. Industry driven, centralized b. Industry driven, de-centralized c. Customer driven, de-centralized d. Customer driven, centralized e. None of the above
Answers
The business environment has changed a lot from what it was then to what it is now. The difference between the then and now environment is so huge that the market focus and product life cycle have been influenced in various ways.
The "then" business environment was characterized by a low degree of technology, low awareness of consumers, and a general lack of understanding of how business worked. The market focus and product life cycle during this period were very different from what we have today. Back then, businesses focused more on the product rather than the customers. They would launch products and expect customers to buy them without much marketing or promotion.
However, now, power in supply chain has shifted and decision making has become more centralized. Businesses have become more customer-focused, and they create products based on the needs of their customers. In the present business environment, there is a lot of competition among businesses, which has led to innovation and a focus on quality products.
In conclusion, the comparison between then and now in the business environment shows a shift from product-centeredness to customer-centeredness. The market focus and product life cycle have changed, and power in the supply chain has shifted. The industry has become more centralized, and decision-making has become more focused on customers than ever before.
To know more about influenced visit :
https://brainly.com/question/30364017
#SPJ11
David Harbert recently started a business. During the first few days of operation, Mr. Harbert transferred cash from his personal account into a business account for a company he named Harbert Enterprises. Mr. Harbert’s brother, George, invested cash in Harbert Enterprises for which he received a 25% ownership interest in the company. Harbert Enterprises borrowed cash from First Federal Bank. Harbert Enterprises paid cash to purchase a building from City Properties, Inc. How many reporting entities are mentioned in this scenario
Answers
Answer:
5
Explanation:
A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.
In the scenario given , the relative parties that will rely of the financial report are
David Herbert as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.
A logistics company has hired you as a consultant for their SCM
implementation. Explain in detail the flow of the supply to the
stakeholders. (800 words)
Answers
The flow of supply involves the movement of goods and information from suppliers to stakeholders, ensuring timely delivery and meeting customer demands.
In a supply chain, the flow of supply refers to the process of managing the movement of goods and information from suppliers to stakeholders, including manufacturers, distributors, retailers, and end customers. It involves several key steps: Supplier Selection: Identifying and selecting reliable suppliers who can provide the required materials or products. Procurement: Purchasing the necessary materials or products from suppliers, which involves negotiating contracts, placing orders, and coordinating deliveries. Production: Transforming raw materials into finished goods through manufacturing or assembly processes.
Learn more about logistics company here;
https://brainly.com/question/31863439
#SPJ11
Toni Nicolet's
checking account balance on Monday, April 13, is $540; her savings balance is $980. On
Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make
these online payments: income tax bill, $823, utility bill, $98, and charge account bill, $127. How much
money, if any, will Toni have to transfer into her checking account from savings to cover the online
payments and leave a balance of $50 in the checking account?
Answers
Answer:
$644
Explanation:
Toni has a balance of $540 on her checking account
She made an ATM withdrawal of $86
The balance on her checking account after withdrawal is
= $540 - $86
=$454
Toni intended to pay online payments on Arpril 15. The total of the payments
=$823 + $98 + $127
=$1048
It means Toni has a deficit of
=$454- $1048
=($594)
If Toni desires a balance of $50 after payments, she must withdraw 594+50 from the savings account.
=596 + 50
=$644
What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Answers
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
By selling 33 m of cloth, a shopkeeper incurs loss equivalent to the cost price of 11 m. Find his loss percentage?.
Answers
The shopkeeper incurred a loss percentage of 200%.
The loss percentage, we need to first calculate the total loss incurred by the shopkeeper.
We know that the shopkeeper incurs a loss equivalent to the cost price of 11 meters of cloth.
Let's assume the cost price per meter of cloth is "x" dollars.
So, the total cost price of 11 meters of cloth would be 11x dollars.
According to the problem, the shopkeeper sells 33 meters of cloth and incurs a loss equivalent to the cost price of 11 meters.
The selling price of 33 meters of cloth would be 33x dollars.
The loss incurred by the shopkeeper is the difference between the cost price and the selling price.
Loss = Cost Price - Selling Price
Loss = 11x - 33x
Loss = -22x
To calculate the loss percentage, we divide the loss by the cost price and multiply by 100.
Loss percentage = (Loss / Cost Price) * 100
Loss percentage = (-22x / 11x) * 100
Loss percentage = -200%
Therefore, the shopkeeper incurred a loss percentage of 200%.
Learn more about: loss percentage
https://brainly.com/question/29794137
#SPJ11
Approximately what portion of global employers tends to use social media websites to hire new employees?
A.
30 percent
B.
40 percent
C.
50 percent
D.
60 percent
E.
70 percent
Answers
I'm pretty sure it is B. 40 percent
The portion of global employers who tends to use social media websites to hire new employees is approximately 30 percent.
What do you mean by employees?A person refers to the employee who gets paid to work for a person or company.
The approximate portion of global employers who tends to use social media websites to hire new employees is 30 percent.
Therefore, A is the correct option.
Learn more about Employees here:
https://brainly.com/question/13405418
#SPJ2
online social communications and digital technologies have changed the definition of customer service
Answers
The statement "online social communications and digital technologies have changed the definition of customer service" is, True
This is further explained below.
What are digital technologies?Generally, the three key words when defining digital technologies is that they produce, store or process data, Hence, in a bid to define digital technology we ensure that that the device or technology in question bears the property of producing , storing and processing data deliver to it. this leaves us with the conclusion that our mobile phones are a good example of Digi technology.
In conclusion, True: "online social communications and digital technology have altered the notion of customer service."
This is True because customer care practice prior to these inventions was a more hands on job, but these technologies have alleviated this problem of intense hand on and high staffing problems for companies.
Read more about digital technologies
https://brainly.com/question/19651919
#SPJ1
In the long run, increasing the national debt will cause which of these?
A) higher tax revenue
B) an increase in jobs
C) higher interest rates
D) an increase in production
Answers
If choose all that apply I think a,b,and c
Annalise received financial aid offers from two universities.
Financial Analysis for Option A
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,000
$7,000
Room & Board
Work-Study
$11,500
$4,000
Financial Analysis for Option B
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$28,000
$18,000
Room & Board
Work-Study
$9,000
$4,000
Which statement about the costs per year is true?
Option A will save her $4,500.
Option B will save her $7,000.
Option B will save her $11,000.
Option A will save her $15,500.
Answers
Answer:
Option A will save her $4,500
Explanation:
Calculation to determine Which statement about the costs per year is true
First step is to calculate OPTION A cost per year
Option A Costs per Year
Work-Study $4,000
Tuition & Fees $10,000
Scholarship & Grants $7,000
Room & Board $11,500
Total $18,500
Second step is to calculate OPTION B cost per year
Option B Costs per Year
Work-study $4,000
Tuition & Fees $28,000
Scholarship & Grants $18,000
Room & Board $9,000
Total $23,000
Now let determine Which statement about the costs per year is true
Costs per year= $23,000-$18,500
Cost per year=$4,500
Therefore the statement about the costs per year that is true will be: Option A will save her $4,500 because the cost per year for OPTION A is LESS COSTLY than that of option B by $4,500.
mncs typically consider investing in ____ when investing cash over a short-term period.
Answers
Answer:
Large deposit at commercial banks
Question 2 (1 point)
Who benefits from a low interest rate? (Select the best answer.)
♡
The investor
The borrower
The lender
The credit card company
Answers
Answer: The borrower
Explanation:
Answer: The borrower
Explanation:
Louis needs to make an investment that will double in 5 years. Which interest rate, compounded annually, is the
lowest rate that will allow for this to happen?
A 4.4%
B. 7.2%
C. 14.4%
D. 16.6%
C is the correct answer
Just took test
Answers
HT generated $40 million in free cash flow at the end of the last year, its FCF is expected to grow at a constant rate of 5.5% per year indefinitely. The company has no debt or preferred stock; its WACC is 13.5% and it has zero nonoperating assets. If HT has 22 million shares of stock outstanding, what is the stock's value per share? $23.98 $29.27 $25.30 $27.52 $21.33
Answers
The stock's value per share is approximately $23.98.
To calculate the stock's value per share, we can use the Gordon growth model, also known as the dividend discount model (DDM). This model values a stock based on the present value of its future cash flows, in this case, the free cash flow (FCF) of the company.
The formula for the Gordon growth model is as follows:
Stock Value per Share = FCF / (WACC - Growth Rate)
Given information:
FCF at the end of the last year: $40 millionFCF growth rate: 5.5% per yearWACC (required rate of return): 13.5%Number of shares outstanding: 22 millionFirst, we need to calculate the perpetuity value of the FCF using the growth rate:
Perpetuity Value = FCF * (1 + Growth Rate) / (WACC - Growth Rate)
Perpetuity Value = $40 million * (1 + 0.055) / (0.135 - 0.055)
Perpetuity Value ≈ $40 million * 1.055 / 0.08 ≈ $527.5 million
Now, we can calculate the stock's value per share by dividing the perpetuity value by the number of shares outstanding:
Stock Value per Share = Perpetuity Value / Number of Shares Outstanding
Stock Value per Share ≈ $527.5 million / 22 million
Stock Value per Share ≈ $23.98
Therefore, the stock's value per share is approximately $23.98.
Among the given answer options, $23.98 matches the calculated stock value per share.
To learn more about Gordon growth model , Visit:
https://brainly.com/question/13018517
#SPJ11
low inflation is a sign of?
Answers
Answer:
usually signals demand for goods and services is lower than it should be, and this tends to slow economic growth and depress wages.Jun
Explanation:
The weak form of the efficient-market hypothesis asserts that stock prices do not rapidly adjust to new information contained in past prices or past data. stock prices do not rapidly adjust to new information contained in past prices or past data, and future changes in stock prices cannot be predicted from past prices. technicians cannot expect to outperform the market. future changes in stock prices cannot be predicted from past prices, and technicians cannot expect to outperform the market. future changes in stock prices cannot be predicted from past prices.
Answers
Each year, Tom and Cindy Bates (married filing jointly) normally have itemized deductions of $22,000 (which includes an annual $4,000 pledge payment to their church). On the advice of a friend, they do the following: In early January 2021, they pay their pledge for 2020; during 2021, they pay their pledge for 2021; and in late December 2021, they prepay their pledge for 2022. a. What are the Bateses trying to accomplish? To have their itemized deductions exceed the standard deduction b. What would the Bates' total itemized deductions be if all three church pledge payments were made in 2021? Assume that the itemized deductions of $22,000 already included one year of the church pledge payments. $ 28,000 What will be the Bates' tax savings if their marginal tax bracket is 24% for all three years? (Assume that the standard deduction amounts for 2021 and 2022 are the same.)
Answers
The Bateses are trying to accomplish having their itemized deductions exceed the standard deduction by making their pledge payments in 2021 and prepaying their pledge for 2022 in late December 2021. Their total itemized deductions will be $28,000 if all three church pledge payments were made in 2021.
(Assume that the standard deduction amounts for 2021 and 2022 are the same.) Calculation of the Bates' tax savings if their marginal tax bracket is 24% for all three years: If the Bates made all of their pledge payments in 2021, their itemized deductions would be:$22,000 (Annual itemized deductions, which include 1 year of church pledge payment)+ $8,000 (2020 & 2021 pledge payments) = $30,000.Itemized deductions of $30,000 are greater than the standard deduction for married couples filing jointly for 2021 which is $25,100.The tax savings if their marginal tax bracket is 24% would be:$8,000 x 0.24 = $1,920Therefore, the Bates' tax savings if their marginal tax bracket is 24% for all three years is $1,920.
to know more about itemized deductions here:
brainly.com/question/29756791
#SPJ11
What is the LEAST likely reason for the growing number of U.S. firms that are re-shoring jobs?A) free trade areasB) high shipping feesC) inadequate qualityD) intellectual property theft
Answers
The least likely reason for the growing number of U.S. firms that are re-shoring jobs is inadequate quality.
In fact, one of the main reasons for re-shoring is the desire for higher quality control and consistency. The other options, such as free trade areas, high shipping fees, and intellectual property theft, are more likely to be factors. Free trade areas can lead to increased competition from foreign companies, making it harder for U.S. firms to compete. High shipping fees can make it more expensive to manufacture goods overseas and transport them back to the U.S. And intellectual property theft can be a concern when operating in countries with weaker legal protections for intellectual property. Overall, these factors can make re-shoring a more attractive option for U.S. firms looking to improve their competitiveness and protect their interests.
To learn more about jobs, visit:
https://brainly.com/question/28475000
#SPJ11
the production budget shows expected unit sales of 33000. beginning finished goods units are 4900. required production units are 37600. what is the desired number of units in ending finished goods>
Answers
The production budget shows expected unit sales of 33000. beginning finished goods units are 4900. required production units are 37600 number of units in ending finished goods is $4.76.
The months of January, February, and March are included in the first quarter's production budget. Since the materials are covered by the materials purchase budget, they are not included.
Sales are anticipated to total $390,000
(or 75,000 units), with a profit target of $33,000.
We must first figure out the total desired.
Cost:
Total desired cost = Sales - Total desired profit
Total cost desired = 390,000 - 33,000 = $357,000
The unitary desired cost is now:
Total cost / number of units equals unitary cost.
Cost per unit = 357,000/75,000
Cost per unit = $4.76.
Complete question:
the production budget shows expected unit sales of 33000. beginning finished goods units are 4900. required production units are 37600. what is the desired number of units in ending finished goods>?
To know more about Production budget visit:
https://brainly.com/question/17176296
#SPJ4
Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark that goes away after a few weeks. He has no other symptoms. What kind of exposure is this considered?
a. Acute
b. Chronic
c. Deadly
d. No Effect
Answers
The type of exposure in the given situation is acute.
Given that,
As there is a chemical blaze in Howard's arm.Because of this, Howard has a tiny burn mark that disappears in the coming weeks also he won't have any kind of mark or symptoms.It is classified as an acute exposure due to burning.Thus we can say that the type of exposure in the given situation is acute.
Learn more: brainly.com/question/9223008
What does it take for a consumer boycott to be successful?
A. The boycott must be conducted by consumers, producers, and the government
B. The boycott must bring the target company's offensive practices to the attention of the news media
C. The boycott must significantly reduce the target company's profits
D. The boycott must succeed in replacing traditional sales with online sales
Edit: Its C
Answers
Answer: IT'S C!!
Someone said it's b but it's not i just got it wrong
The boycott should be successful when the profits of the target company get minimized.
Option C is the correct answer.
What is meant by the target company?
A target company refers to an entity that is targeted in respect of the boycott movement.
The situation where the consumers of the market agree to not acquire a specific product from a specific company is called a consumer boycott. It represents disapproval towards something.
Therefore, the reduction in profits of the target company results in the success of the boycott movement.
Learn more about the boycott in the related link:
https://brainly.com/question/878223
#SPJ2
A. Canto Lent us $500 by cash *
Which account is being debited and which account is being credited?
Answers
cantos account is being debited and your account is being credited
when an account takes out money it's being debited and when an account is bringing in money it's being credited
Which factor would credit card companies most likely use to determine an applicants creditworthiness
A) Political party
B) Size of family
C) Hourly wages
D) Languages spoken
Answers
Credit Card companies will most likely use Hourly wages to determine an applicants creditworthiness. Thus, option C is correct.
What is Credit Card?A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services based on the amount of debt they have accumulated (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges).
The card issuer (often a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards and business credit cards are the two types of credit cards. The majority of cards are made of plastic, although others come in metal (stainless steel, gold, palladium, titanium) or are covered in gemstones.
Therefore, we can conclude that option C is correct.
Learn more about Credit Cards here:
https://brainly.com/question/30940802
#SPJ7