The following are annual results for Company G: for 202 1: # of hats made: 8000 square meters of cloth used: 12 000 cloth cost: $270000 for 2022 # of hats made: 6000 square meters of cloth used: 10400 cloth cost: $27900 Compared to 2021, the cloth usage in 2022 had an "efficiency" variance of Question 43 options: $3150 U $9 00 U $31500U none of the listed answers are correct Choose the correct option

Q: aj.3

A: VARIABLE COST Variable Cost is a cost that varies with the level of output.variable costs include…

Q: Required information [The following information applies to the questions displayed below.] Hudson…

A: Target Pretax Income = $156,000 Total Contribution required = target pretax income + fixed cost

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A: FLEXIBLE BUDGETA flexible budget is a budget that is prepared for different levels of activity or…

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A: Sale revenue=Number of units sold×Price per unit=50,000×K 20=K 1,000,000

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A: MANUFACTURING OH BUDGETManufacturing OH Budget is the Management Estimation of Manufacturing OH Cost…

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Q: The following data relate to direct labor costs for the current month : Standard Costs : 7,500 hours…

A: The objective of the question is to calculate the direct labor efficiency variance, which is a…

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A: The flexible budget report is prepared to estimate the total costs at different level of production.…

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A: calculation of manufacturing cost per unit with necessary calculation and preparation of income…

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A: The costs incurred for the production are classified as fixed and variable costs. The fixed costs…

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A: Breakeven point is that point at which total fixed costs and total variable costs will be recovered…

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A: In cost accounting, the high low method is a type of technique that is used to segregate mixed costs…

Q: D Required information [The following information applies to the questions displayed below.] Alden…

A: Variable cost means the cost which vary with the level of output where as fixed cost remains fixed…

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A: High-to-low method determines the variable cost per unit by considering the highest and lowest costs…

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A: Lets understand the budget.Management prepare budget in order to estimate future profit and loss…

Q: Required: 1. Using the data from 2022 in Gaming Table Cost Data, create an Excel spreadsheet to…

A: 1)Units SoldBasisVariable cost per unitFixed CostsSelling price per unitOperating profit$1,92020%…

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A: Given projected sale units = 8,100 Projected total market units = 54,000 Actual sale units = 8,400…

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A: We know: Variable cost increases with the increase in output at a constant rate. And, fixed cost…

Q: contribution margin ratio

A: The contribution margin is the amount left after subtracting the variable costs from the selling…

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A: Variable costing is a way of simply allocating variable costs to inventories. All overhead…

Q: and fixed costs. Month Units Sold 1 2 3 4 5 6 320,000 160,000 280,000 200,000 300,000 200,000 Total…

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Q: Patience company is considering a proposal to replace an existing machine used for the manufacture…

A: Current variable costs = 70% of sales = P2,000,000 x 70% = P1,400,000

Q: uses variable costing, what will be reported as cost of goods sold?

A: The cost of goods sold is the sum total of all the direct costs for making the products.It included…

Q: In 2019, Bramble sold 1000 units at $500 each, and earned net income of $40000. Variable expenses…

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A: Variable Cost :— It is the cost that changes with change in activity of cost driver. Variable cost…

Q: Problem 1: A company has got $500 in cash and cash equivalents, $300 in inventory and $200 in…

A: Ratio analysis is the part of management accounting which helps in assessing the financial…

Q: Volume of 100 units, on vo

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A: The question is based on the concept of financial accounting. As per Bartleby guidelines we are…

Q: [The following Information applies to the questions displayed below.] Alden Company's monthly data…

A: Variable costs are the costs that vary with the change in the output levels. Per unit will remain…

Q: 5. The total direct labor variance of Company J for the month of October 2020 is $500 unfavorable.…

A: Direct labour cost variance occurs when there is a difference between standard cost of labour and…

Q: Culver World provided the following data concerning its costs of operating and the number of riders…

A: The high-low method is used to differentiate the mixed costs. Mixed cost is the combination of fixed…

Q: Ivanhoe Company expects to produce 1,200,000 units of product XX in 2022. Monthly production is…

A: Budgeting is a process of estimation of future income and expenditure for a particular period of…

Q: Alden Company's monthly data for the past year follow. Management wants to use these data to predict…

A: Variable cost refers to those expenses that vary with the change in the level of output of a…