Logistics Solutions provides order fulfillment services for dot merchants. The company maintains warehouses that stock items carried by its dot clients. When a client receives an order from a customer, the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The company uses a predetermined variable overhead rate based on direct labor-hours.
In the most recent month, 160000 items were shipped to customers using 6,500 direct labor-hours. The company incurred a total of $20,800 in variable overhead costs. According to the company's standards, 0.03 direct lab0Fhours are required to fulfill an order for one item and the variable overhead
Required:
a. What is the Standard labor-hours allowed (SHI to ship 160,000 terms to customers?
b. What is the standard variable overhead cost allowed (SH SR) to ship 160,000 items to customers?
c. What is the variable overhead spending variance?
4. What is the variable overhead rate variance and the variable Overhead efficiency variance?
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 16:00, leo4687
Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?
Answers: 3
Business, 22.06.2019 20:00, pickelswolf3036
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
Business, 22.06.2019 20:00, oliviac0327
Describe a real or made-up but possible example of a situation where an employee faces a conflict of interest. explain at least two things the company could do to make sure the employee won't be tempted into unethical behavior by that conflict of interest. (3.0 points)
Answers: 3
Business, 22.06.2019 21:00, thicklooney
You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?
Answers: 3
Do you know the correct answer?
Logistics Solutions provides order fulfillment services for dot merchants. The company maintains war...
Questions in other subjects:
Mathematics, 08.01.2021 02:50
Social Studies, 08.01.2021 02:50
