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What is the fixed manufacturing overhead budget variance equal to?
Fixed manufacturing overhead budget variance is?
Does prime cost plus conversion cost equal the cost of manufacturing?
Total Manufacturing Cost = Direct Material + Direct Labor + Factory Overheads Prime Cost = Direct material + Direct Labor Conversion Cost = Direct Labor + Factory Overhead So yes prime cost and conversion cost is equal to total manufacturing cost
What should be equal to the balance of the Work In Process Inventory account at the end of the period?
The total manufacturing costs for the period
What is the break even quantityif the cost of manufacture is the same whichever method is used if A is a fixed cost of 40000 and a variable of 23 and b has a fixed cost of 52000?
There question is incomplete:There is no variable cost given for manufacturing method B. I'll assume it is b.It is unclear as to quantity for which the cost of manufacturing by both methods is the same. I'll assume it is the break-even quantity.The break even point is when the revenue from sales = cost of manufactureSo the question is asking for what quantity is the cost of manufacture using method A equal to the cost of manufacture using method B.cost of manufacture = fixed cost + variable cost × quantityMethod A: manufacturing cost = 40,000 + 23 × quantityMethod B: manufacturing cost = 52,000 + b × quantity→ 40,000 + 23 × quantity = 52,000 + b × quantity→ 23 × quantity - b × quantity = 52,000 - 40,000→ quantity(23 - b) = 12,000→ quantity = 12,000/(23 - b)I'll let you fill in the value of b; if b has no variable cost, b = 0.
Should debits equal credits when making a journal entry?
Total Debit should equal to Total Debit at all times.
What is the fixed manufacturing overhead budget variance equal to?
Fixed manufacturing overhead budget variance is?
What is manufacturing supplies inventory?
manufacturing supplies is equal to factory overhead
Why does a POHR cause under or over applied overhead?
It's because the POHR is only an estimate. Both the cost driver and the estimated total manufacturing overhead costs in the ratio are based on past figures. You don't know what it will actually be for the year until the actual costs come in when the year is over. Obviously, the estimate won't exactly equal the actual. When it is over or under applied you must do a correcting journal entry. If overhead were over applied by 30,000 for example, you would debit Manufacturing overhead for the amount and credit COGS
Does prime cost plus conversion cost equal the cost of manufacturing?
Total Manufacturing Cost = Direct Material + Direct Labor + Factory Overheads Prime Cost = Direct material + Direct Labor Conversion Cost = Direct Labor + Factory Overhead So yes prime cost and conversion cost is equal to total manufacturing cost
What does the amount of force times the time applied equal?
impulse
Why do the voltage drops of an inductor and a lamp in a series ac circuit not equal the applied voltage?
The voltage is greater than the applied voltage, why?
If equal force were applied to a basketball and a baseball which would travel further according to Newton's 2nd law of motion?
According to Newton's 2nd law of motion, both the basketball and baseball would travel the same distance if equal force were applied to them. This is because the acceleration of an object is directly proportional to the force applied to it, assuming the masses of the two objects are the same.
The impulse experienced by a body is equal to change in its?
The impulse experienced by a body is equal to the change in its momentum. This means that when an external force is applied to an object, its momentum changes, causing the object to experience an impulse in the direction of the force applied.
What is the amount of force applied to an object over a certain amount of time equal to?
The amount of force applied to an object over a certain amount of time is equal to its impulse, which is the product of force and time. Impulse helps to quantify the change in momentum of an object due to the force applied to it over a period of time.
Is the sum of the potential differences equal to the voltage applied across them?
Yes for a closed circuit
What does the amout of force times the time applied equal?
It is the impulse which equals the change in momentum.
What should be equal to the balance of the Work In Process Inventory account at the end of the period?
The total manufacturing costs for the period
