Answer:
A. $520 U
B.178 F
Explanation:
A.
Materials price variance = (AQ × AP) – (AQ × SP)
= $48,880 – (2,600 × $19)
=$48,880-$49,400
= $520 U
Therefore the material price variance for the month is $520U
B.
Materials quantity variance = SP(AQ – SQ*)=
$19 ($2,500 – $2,322) = $178F
Therefore the materials quantity variance for the month $178F
SQ = Standard quantity per unit × Actual output
= 8.6 × 270 = $2,322
Based on the information give your forecast for period 7 is 40.
<h3>Forecast for period 7</h3>
Given:
Time-series trend equation=25.3+2.1x
Period=7
Let x present period 7
Hence:
Forecast for period 7 =25.3 +2.1(7)
Forecast for period 7 =25.3 +14.7
Forecast for period 7 =40
Inconclusion your forecast for period 7 is 40.
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Answer:
merchandise inventory
Merchandise inventory
Merchandise inventory
Merchandise inventory
Merchandise inventory
Merchandise inventory
Explanation:
When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.
When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.
When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.
The cost of each sale transaction ensures that the merchandise inventory account under a perpetual inventory system reflects the updated cost of merchandise available for sale.
Answer:
The vaule of technology in business is very important like the most important of the business because it help keeps tracks of things, save database, and it help the business grow.