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b. The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $49,060 and the standard fixed overhead cost
b.
The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $49,060 and the standard fixed overhead cost allocated to production was $48,820. The actual fixed overhead totaled $48,260. Compute the fixed overhead budget variance and the fixed overhead volume variance. O A. $800 F; $240 U OB. $240 F; $800 U O C. $1,040 U; $560 F OD. $560 U; $1,040 F O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,810,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $3,000,000. The following information is available: Indiana proposal Kentucky proposal Required investment $1,810,000 $3,000,000 Estimated life 9 years 9 years Estimated residual value $80,000 $60,000 Estimated annual cash inflows over the next 9 years $600,000 $800,000 Required rate of return 5% 5% The payback period for the Indiana proposal is closest to O A. 3.75 years O B.22.63 years. O C. 3.02 years. OD. 3.48 yearsStep by Step Solution
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