Majestic corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead. the following information relates to the company's manufacturing overhead data: budgeted output units 30 comma 700 units budgeted machineminushours 16 comma 885 hours budgeted variable manufacturing overhead costs for 30 comma 700 units $ 371 comma 470 actual output units produced 32 comma 700 units actual machineminushours used 14 comma 900 hours actual variable manufacturing overhead costs $ 388 comma 045 what is the amount of the budgeted variable manufacturing overhead cost per unit? (do not round any intermediary calculations. round your final answer to the nearest cent.) a. $ 12.64 b. $ 12.10 c. $ 11.36 d. $ 11.87

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year