Chapter 14, Problem 1CCTC

general accounting

I am looking for the correct answer to this general accounting problem using valid accounting standards.

I need guidance with this financial accounting problem using the right financial principles.

The total overhead variance is

How can I solve this financial accounting problem using the appropriate financial process?

Can you explain the correct methodology to solve this general accounting problem?

Ans

What was the net income?

Abigail, a manufacturer of audio equipment for home theatres, has current sales of $72 million and variable operating costs of $50.4 million. Abigail expects to increase sales in the coming year by 15% while keeping fixed operating costs constant at $14.8 million. What is the DOL for Abigail? a. 1.75 . 2.85 c. 3.18 d. 4.25