Total static-budget variance

Assignment Help Accounting Basics
Reference no: EM13152471

What is the total static-budget variance? A. $5,200 favorable b. $3,320 favorable c. $1,880 unfavorable d. $1,880 favorable 250. _______________ is a carefully predetermined amount usually expressed on a per-unit basis. A. Variable marketing overhead b. A benchmark c. A standard d. Fixed factory overhead 251. Anything for which a separate measurement of costs is desired is a a. cost item. B. cost object. C. fixed cost item. D. variable cost object.

Reference no: EM13152471

Questions Cloud

What mass of aluminum metal can be produced : What mass of aluminum metal can be produced per hour in the electrolysis of a molten aluminum salt by a current of 21 A?
Accounting rate of return on the investment : A company projects annual cash inflows of $85,000 each year for the next five years if it invests $300,000 in new equipment. The equipment has a five-year life and an estimated salvage value of $75,000. What is the accounting rate of return on thi..
Couple positive and negative outcomes of conflict theory : I need a couple positive and negative outcomes of conflict theory according to the situation that a couple is contemplating divorce because they constantly argue and she wants to have children and comes from a large family but he doesn't because he g..
What is the solubility of the salt : A 3.00 g sample of a salt dissolves in 9.10 g of water to give a saturated solution at 25°C. What is the solubility (in g salt/100 g of H2O) of the salt?
Total static-budget variance : What is the total static-budget variance? A. $5,200 favorable b. $3,320 favorable c. $1,880 unfavorable d. $1,880 favorable 250. _______________ is a carefully predetermined amount usually expressed on a per-unit basis.
Approximate net present value of investment : The equipment will provide cost savings of $7,300 and will be depreciated straight-line over its useful life with no salvage value. Cleaners requires a 10% rate of return. What is the approximate net present value of this investment?
Fixed efficiency and fixed production volume variances : What are the fixed efficiency and the fixed production volume variances, respectively, using 4-variance analysis? A. no efficiency variance,
How much will the ph change : A beaker with 130 mL of an acetic acid buffer with a pH of 5.00 is sitting on a benchtop. The total molarity of acid and conjugate base in this buffer is 0.100 M.
Essay comparing blood diamonds and gold trade : I'm going to have to write an in class essay comparing Blood Diamonds and Gold trade in Africa. I'll have to explore political, social, and economic consequences and their similarities across commodities. After doing research I know that Gold and Blo..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Percentage-of-completion technique

Suppose that, in 2007, Indiana incurred costs of $63.75 million and estimated an additional $42.75 million in costs to complete the project. Using the percentage-of-completion method, Indiana:

  Responsibility of the materials purchasing manager

Determine the direct materials price variance, assuming that all materials costs are the responsibility of the materials purchasing manager. Determine the direct materials price variance, assuming that all materials costs are the responsibility of..

  Basics of tax consequences of the transactions

Penny, Miesha, and Sabrina transfer property to Owl Corporation for 75% of its stock. Nancy, their attorney, receives 25% of the stock in Owl for legal services rendered in incorporating the business. What are the tax consequences of these transac..

  Partnership interest at the end of specific year

At the end of the year, Roger's share of partnership liabilities increased by $20,000. Roger's basis in the partnership interest at the end of the year is:

  Computer this machines payback period

Elite Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $300,000 cost with an expected 4 year life and a $20,000 salvage value.

  Prevent improper claims

Please describe the procedure used in either case and do you think there was sufficient internal control to prevent improper claims?

  What are the key components involving translation

Provide at least one college level paragraph. Examples would be helpful and appreciated, Thank you.

  Depreciation method used for tax purposes

A company changes from straight-line to an accelerated method of calculating depreciation, which will be similar to the method used for tax purposes. The entry to record this change should include a

  Calculation for the adjustments of net income

For the year ended on December 31, 2010, XYZ had net income of $90,000 and paid dividends of $40,000. Prepare the journal entries to record the result using EQUITY METHOD of accounting. Show your calculation for the adjustments of net income.

  Gain or loss on the retirement

A company has bonds outstanding with a par value of $600,000. The unamortized discount on these bonds is $3,000. The company retired these bonds by buying them on the open market at 98. What is the gain or loss on this retirement?

  Amount of the lease receivable of wadkins company

Wadkins Company, a machinery dealer, leased a machine to Romero Corporation on January 1, 2011. Compute the amount of the lease receivable.

  Explain the meaning of temporary and permanent differences

What is the difference between pretax financial income and taxable income? Explain the meaning of temporary and permanent differences. Give at least two unique examples of each (please do not repeat what other students have posted)

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd