Answer:
Fixed manufacturing Volume variance 1496 Unfavorable
Budgeted Fixed Manufacturing
overhead rate*(Denominator hour-
Standard hours allowed)
13.6*(6000-5890)
Budgeted Fixed Manufacturing
overhead rate 13.60
Budgeted Fixed Manufacturing/No of
Budgeted variance
(13710+13000+54890)/6000
Ans b $1496 unfavorable
Answer:
(D) Earnings numbers are accurate
Explanation:
Under the Sarbanes–Oxley Act of 2002, the SEC requires CFOs to certify that the firm’s financial statements should represent true and accurate amounts. It does contain any false commitment which affects the overall shareholder decisions.
Moreover, the top manager of the company checks the accuracy of the financial reports which contains important and valuable information about the company.
So, all options are incorrect except D.
Answer:
Correct answer is A.
2/12
Explanation:
The total time period for which interest will be accrued and will be credited to the interest income account would be for the period November 1,2018 - December 31,2018 i.e 2 months.
Answer:
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The arrows need to be drawn pointing rightwards. The curve on the right tells about the new demand and the curve on the left tells about the old demand. \\
<h3>What is demand?</h3>
A demand curve is known to be a demand schedule that is said to be a table that depicts the quantity demanded of goods at each prices.
Note that a demand curve is said to be a graph that tells the quantity demanded at all price and as such, The arrows need to be drawn pointing rightwards. The curve on the right tells about the new demand and the curve on the left tells about the old demand. \\
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