![subject](/tpl/images/cats/ekonomika.png)
Esquire Clothing is a manufacturer of designer suits. For June 2020, each suit is budgeted to take 4 labor-hours. The budgeted number of suits to be manufactured in June 2020 is 1,040. Esquire Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labor-hours per suit. Data pertaining to fixed manufacturing overhead costs for June 2020 are budgeted, $62,400, and actual, $63,916. In June 2020 there were 1,080 suits started and completed. There were no beginning or ending inventories of suits.
Required:
a. Compute the spending variance for fixed manufacturing overhead. Comment on the results.
b. Compute the production-volume variance for June 2017. What inferences can Esquire Clothing draw from this variance?
![ansver](/tpl/images/cats/User.png)
Answers: 2
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 01:40
Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 08:10
Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 08:40
Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
You know the right answer?
Esquire Clothing is a manufacturer of designer suits. For June 2020, each suit is budgeted to take...
Questions
![question](/tpl/images/cats/mkx.png)
Arts, 24.01.2022 23:10
![question](/tpl/images/cats/mat.png)
Mathematics, 24.01.2022 23:10
![question](/tpl/images/cats/en.png)
English, 24.01.2022 23:10
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 24.01.2022 23:10
![question](/tpl/images/cats/istoriya.png)
History, 24.01.2022 23:10
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 24.01.2022 23:10
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 24.01.2022 23:10
![question](/tpl/images/cats/mat.png)
Mathematics, 24.01.2022 23:10
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 24.01.2022 23:10
![question](/tpl/images/cats/mkx.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 24.01.2022 23:10