Business, 24.04.2020 17:49 ziahziah

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead costs on the basis of machine hours. Chilton budgeted 0.6 machine hours per lamp and allocates variable overhead at a rate of $1.90 per machine hour. Last year Chilton manufactured 15,000 lamps, used 120,000 machine hours and incurred actual variable overhead costs of $204,000. What was Chilton's variable manufacturing overhead rate variance last year? O A. $24,000 favorable O B. $24,000 unfavorable OC. $210,900 unfavorable OD. $210,900 favorable The actual cost of direct labor per hour is $11.00 and the standard cost of direct labor per hour is $10.50. The direct labor hours allowed per finished unit is 0.75 hour. During the current period, 6,100 units of finished goods were produced using 3,200 direct labor hours. How much is the direct labor rate variance? O A. $1,600 favorable O B. $3,050 unfavorable OC. $3,050 favorable OD. $1,600 unfavorable

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:20

Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?

Answers: 1

Answer

Business, 22.06.2019 11:20

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?

Answers: 2

Answer

Business, 22.06.2019 16:00

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Answers: 2

Answer

Business, 22.06.2019 18:00

In which job role will you be creating e-papers, newsletters, and periodicals?

Answers: 1

Answer

You know the right answer?

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variab...

Questions