Chapter 6, Problem 6.1IP

Provide correct answer

What is mistry's manufacturing overhead budget variance

Bucket's opereting leverage???

Bucket's opereting leverage??? General accounting

None

The predetermined overhead rate for RON Company is $10, comprised of a variable overhead rate of $6 and a fixed rate of $4. The amount of budgeted overhead costs at a normal capacity of $300,000 was divided by the normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $10. Actual overhead for July was $40,000 variable and $28,200 fixed, and the standard hours allowed for the product produced in July was 7,000 hours. The total overhead variance is: A. $6,100 U B. $1,100 U C. $500 U D. $1,800 F

Its gross margin ratio? General accounting

Its gross margin ratio?

How much Mary include in her gross income in year 1 ?