Calculate the change in activity using the information given below.   Description                       Low                       High Volume (units)                                           105,000                       185,000 Electricity cost (AED)          75,000                       115,000

Q: The following information describes a​ company's usage of direct labor in a recent​ period:   Actual…

A: direct labor efficiency variance  = standard rate ×[Actual hours used - Standard Hours for actual…

Q: If fixed costs are $287,000, the unit selling price is $31, and the unit variable costs are $21, the…

A: At break-even sales units, there is no profit or loss to the entity. It is a level of sales where…

Q: Each of the following independent situations relates to direct labor. Fill in the blanks. A B C D…

A: A variance can be determined when there is a difference between a budgeted value and the actual…

Q: The following information pertains to ABC Co's 202x manufacturing operations: Standard direct labor…

A: Variable overhead efficiency variance shows the difference between the actual time and the budgeted…

Q: Formidable Company collected the following information: Standard costs per unit:   Variable…

A: Variance is the difference between budgeted and actual costs or production, on the basis of which…

Q: DMC produces on average 7,500 units - 12,500 units. The following unit costs are incurred for…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Formidable Company collected the following information: Standard costs per unit:   Variable…

A: Total Variance It is important in the calculation of the variance of the cost which is helpful to…

Q: Management should focus its sales and production efforts on the product or products that will…

A: solution note Dear student as per the Q&A guideline we are required to answer the first question…

Q: Help7

A: Labor efficiency variance = (standard hours allowed - actual hours worked)*standard rate per hour…

Q: A company uses standard marginal costing. Last month, when all sales were at the standard selling…

A: Calculation of Actual Contribution: Standard Contribution $85,600 Variable cost variance…

Q: Bacho Corporation reports that at an activity level of 5,400 units, its total variable cost is…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: A company had net income of $60,000 on their direct (variable) costing Income Statement for a given…

A: According to the Variable costing income statement, the net income =$60,000. In Variable costing the…

Q: Nice Limited provides the following information.…

A: Variance analysis is a technique which helps management of a company to compare the expected data…

Q: The following data relate to direct labor costs for the current period: Standard costs   6,000…

A: DIRCET LABOR RATE VARIANCE : = ( ACTUAL PRICE - STANDARD PRICE ) X ACTUAL HOURS

Q: Variable Overhead Spending and Efficiency Variances,Columnar and Formula ApproachesRath Company…

A: The difference between the actual cost and the anticipated (or planned) cost is known as an…

Q: Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $20.40 per…

A: a. Rate variance    (Standard Rate - Actual Rate)*Actual Hour  b. Time variance    (Standard Hour…

Q: Total costs for Bell & Bunn Corporation at 120,000 units are $289,000, while total fixed costs are…

A: Fixed costs are fixed at all activity levels. It doesn't chage according to activity levels.  Hence…

Q: Consider the following: Sales price, per unit P18 per unit Standard absorption cost rate P12 per…

A: Fixed manufacturing overhead per unit = Total Fixed manufacturing overhead / Units produced Fixed…

Q: The following cost have been estimated based on sales of 30,000 units Direct materias P300,000…

A: Calculation of Selling price when contribution margin 40%. We know that,  Contribution = Selling…

Q: Assume that a company's planned level of activity is 1,000 hours and its actual level of activity is…

A: Revenue for higher level of activity is likely to be higher because of the tendency of getting more…

Q: Use this information to answer the question that follow. The standard costs and actual costs for…

A: Fixed factory overhead volume variance = (Standard hrs required - Budgeted hrs) * std rate per hr

Q: Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation…

A: The actual result is compared with the standard set by the company through the variance analysis.

Q: If fixed costs are $500,000 and the unit contribution margin is $20, the break-even point in units…

A: The break-even point (BEP) refers to a point where the revenues generated by the company is equal to…

Q: Manama Company planned to use $48 of Variable cost per unit but actually used $50 of variable cost…

A: Solution: Sales Volume Variance = (Actual units Produced  - Standard units planned ) x Price per…

Q: The following cost have been estimated based on sales of 30,000 units Direct materias P300,000…

A: Introduction:- Calculation of variable cost per unit as follows under:- Calculation of Variable cost…

Q: The volume variance under absorption costing is * Format: 1,111 U or 1,111 E NUBD Corporation has…

A: Volume variance under absorption costing = Budgeted Fixed overhead - Applied overhead  where,…

Q: The Cumberland Company provides the following information: Sales (250,000 units) Manufacturing…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: Which of the following is a variable cost? O Acost that is $26,000 when production is 65,000, and…

A: There are primarily two types of cost namely fixed cost and variable cost Fixed costs are those…

Q: The president of the Lamda wholesale company, which markets a single product, requests an…

A: The variance is calculated by taking the difference between two costs or volumes.

Q: The following data relate to direct labor costs for the current period: Standard costs 6,900…

A: Formula:

Q: Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $11.60 per…

A: Formulas: Direct Labor rate variance = (Standard Rate - Actual Rate)*Actual Hour Direct Labor…

Q: DRS Company showed the following information for the year: Standard variable overhead rate (SVOR)…

A: This question deals with the various concept relating to standard costing. Let's understand each…

Q: Required: 1. What is the standard labor-hours allowed (SH) to ship 165,000 items to customers? 2.…

A:

Q: The Cumberland Company provides the olowing Information: Sales (250,000 units) Manufacturing costs:…

A: Answer -  Part 1 - Calculation of the break-even point in units for Cumberland -  Break-even Point =…

Q: Total costs are $180,000 when 10,000 units are produced; of this amount, variable costs are $64,000.…

A: The cost can be classified into two categories i.e fixed cost and variable cost. The  FIxed cost…

Q: The following information describes a company’s direct labor usage in a recent period.…

A: Labor rate variance = Actual hour × Actual rate - Actual hours × Standard Rate Labor Rate Variance =…

Q: The following data relate to direct labor costs for the current period: Standard costs 7,300 hours…

A: Direct Labor time variance = (Actual hours worked - Standard hours allowed)*Standard rate per hour

Q: Ebi Company began business at the start of the current year. The company planned to produce 25,000…

A: Absorption costing is the method of costing in which income is calculated by considering all the…

Q: The actual variable cost of goods sold for a product was $140 per unit, while the planned variable…

A:

Q: Acme Inc. has the following information available: Actual price paid for material $1.00 Standard…

A: Note: As per the Policy , we can only answer up to 3 sub-parts, we’ll answer the first 3. Please…

Q: Given the following cost and activity observations for Leno Enterprises' utilities, use the high-low…

A: Variable costs refer to the costs that tend to change with the level of output.

Q: If variable cost of goods sold totaled $101,100 for the year (16,850 units at $6 each) and the…

A: Calculate the change in contribution margin as follows: Change in contribution margin = (Planned…

Q: ThingOne Company has the following information available for the past year. They use machine hours…

A:

Q: $5,000 unfavorable

A: Ans is d.5000 unfavourable

Q: The following data relate to direct labor costs for the current period: Standard costs 6,000 hours…

A: Direct labor rate variance is the difference between actual cost at actual hours and standard cost…

Q: ariance Analysis for Decision Making Bronfenbrenner Co. uses a standard cost system for its single…

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Consider the following cost and pricing data of ABC Corp. on its Product X:      Price:…

A: Disclaimer: Since you have posted a question with multiple sub-parts, we will solve first three…

Q: Emeka Company has provided the following​ information:   Sales price per unit $58 Variable cost per…

A: Contribution means the difference between the selling price and variable cost . Selling price means…

Q: The following information pertains to Blue Lion Co's 202x manufacturing operations: Standard direct…

A: Variable overhead efficiency variance = (Actual hours - Standard hours)*Standard rate If the actual…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.