The annual salaries of six employees of a company are as follows: $22,000 $35,000 $22,000 $46,000 $57,000 $57000 The variance of these salaries, rounded to the nearest dollar, is: $ i
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- Maack Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $49,000. If the company's sales for a month are $309,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. a. $6,620 b. $204,380 c. $55,620 d. $260,000Hamby Company expects to incurCreswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $95,000? a. $12,800 b. $24,200 c. $53,200 d. $66,000
- The direct labor price variance?A company's contribution margin ratio is 18% and its fixed monthly expenses are $49,000. If the company's sales for a month are $309,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice $204,380 $6,620 $260,000 $55,620 s ProuCreswell Corporation's fixed monthly expenses are $26,000 and Its contribution margin ratio is 60%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating Income in a month when sales are $84,000? Multiple Choice O $7,600 $50,400 $24.400 $58.000
- Jilk Incorporated's contribution margin ratio is 61% and its fixed monthly expenses are $48,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $139,000? $84,790 $5,710 $36,290 $90,500Sullivan Corporation’s direct labor costs for the month of March were as follows: Standard direct labor hours 42,000 Actual direct labor hours 40,000 Direct labor rate variance – favorable $8,400 Standard direct labor rate per hour $6.30 What was Sullivan’s total direct labor payroll for the month of March? Group of answer choices $243,600 $252,000 $264,600 $260,400Hamby company expects to incur overhead costs of $16,000 per month and direct production costs of $142 per month...
- Worm Corporation’s direct labor costs for the month of March is as follows: Standard direct labor hours 42,000 Actual direct labor hours 40,000 Direct labor rate variance, favorable P8,400 Standard direct labor rat per hour P6.50 What was Worm’s direct labor payroll for the month of March? Select one: P260,000 P251,600 P244,000 P243,000Gayne Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $50,500. If the company's sales for a month are $312,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice $202,220 $8,780 $261,500 $59,280The standard rate of pay is P15 per direct labor hour. If the actual direct labor payroll was P88,200 for 6,000 direct labor hours worked, the direct labor price (rate) variance is