Business, 19.02.2020 06:03, omoaye

FastTec, which sells electronics in retail outlets and on the Internet, uses activity-based budgeting in the preparation of its selling, general, and administrative expense budget. Which of the following costs would the company likely classify as a unit-level expense on its budget?

A)MEDIA ADVERTISING
B) RETAIL OUTLET SALES COMISSIONS
C)SALARIES OF WEB-SITE MAINTENCE PERSONNEL
D) ADMINISTRATIVE SALARIES
E) SALARY OF THE SALE MANAGER EPLOYED AT STORE NO 23

Courtney purchased and consumed 50,000 gallons of direct material that was used in the production of 11,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of five gallons. If a review of Courtney's accounting records at the end of the period disclosed a material price variance of $5,000U and a material quantity variance of $3,000F, determine the actual price paid for a gallon of direct material.

A. $0.50.

B. $0.60.

C. $0.70.

D. An amount other than those shown above.

E. Not enough information to judge. Consider the following information:

Direct material purchased and used, 80,000 gallons
Standard quantity of direct material allowed for May production, 76,000 gallons
Actual cost of direct materials purchased and used, $176,000
Unfavorable direct-material quantity variance, $9,400

The direct-material price variance is:

A. $11,400F.

B. $11,400U.

C. $12,000F.

D. $12,000U.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 18:50, getsic

Which of the following is not a potential problem with beta and its estimation? sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different than the "true" or "expected future" beta. the beta of "the market," can change over time, sometimes drastically.

Answers: 3

continue

Business, 22.06.2019 00:50, yolo123321

Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?

Answers: 2

continue

Business, 22.06.2019 10:30, karnun1201

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Answers: 2

continue

Business, 22.06.2019 16:50, mariposa91

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

continue

Do you know the correct answer?

FastTec, which sells electronics in retail outlets and on the Internet, uses activity-based budgetin...