Business, 14.04.2020 19:51, BradFarquharson1105
Under variable costing, which of the following costs would not be included in finished goods inventory?
a. direct materials cost.
b. direct labor cost.
c. variable factory overhead cost.
d. fixed factory overhead cost.
Answers: 1
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Business, 22.06.2019 15:00, cheyfaye4173
Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead. a total of 119,300 units, using 478,000 direct labor hours, were produced during the year. actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.
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Business, 22.06.2019 16:00, yesenia1162
What is used by accountant to analyze transactions ?
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Under variable costing, which of the following costs would not be included in finished goods invento...
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