Most loans are paid back in __________ installments. a. daily b. weekly c. monthly d. yearly.

Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50

xxMikexx [17]

Answer:

Usage variance=$750

Explanation:

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite

Pounds

7,800 units should have used ( 7,800× 3) 23,400

but did use 23,100

Usage variance 300

× standard price $2.50

Usage variance $750 favorable

Usage variance =$750

7 0

3 years ago

Mueller Company estimates that it is unlikely that a particular executive will achieve a specific performance target. Mueller al

Nastasia [14]

Answer:

Reverse the related expense.

Explanation:

In this scenario Muller has already realised the compensation expense for achievement of the particular target. In accrual accounting only the expenses that we have already incurred or are certainly going to incur will be recognised and recorded.

Muller has concluded that the executive will not meet the target and therefore will not the eligible for the compensation. Muller should reverse the related expense as it is unlikely it will incur it.

5 0

3 years ago

Read 2 more answers

Showing the amount and nature of donor-imposed restrictions on the statement of net assets helps financial statement users to as

KonstantinChe [14]

Answer and Explanation:

Corporate responsibility

7 0

3 years ago

A corporation issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, a

Mrac [35]

Answer:

$22,000 gain.

Explanation:

Please see attachment

3 0

3 years ago

You and other college students are deciding whether to major in music or engineering. You learn that there is a shortage of engi

zloy xaker [14]

The correct answer would be option D, Markets tend to move towards equilibrium as individuals respond to incentives.

As a result, you and many other college students decide to major in engineering. This illustrates the principle of Equilibrium as individuals respond to incentives.

Explanation:

When supply and demand in an economy balances in the market keeping all other factors constant, then this situation is called as Market Equilibrium. With the change in these factors of the economy, the market equilibrium also changes, and there might be no equilibrium depending upon them at some point of time.

So when students see that there is a demand of engineering in the economy and music graduates are having difficulty in getting jobs due to more supply of music graduates, students move towards the engineering field in order to achieve the market equilibrium as they want to get jobs as an incentive.

Learn more about Market Equilibrium at:

brainly.com/question/91783

#LearnWithBrainly

3 0

4 years ago