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3 years ago

Unlike direct materials, the sum of all the direct labor variances is always equal to the flexible budget variance.

Business

1 answer:

blsea [12.9K]3 years ago

7 0

Answer:

A. True

Explanation:

Unlike direct materials, the sum of all the direct labor variances is always equal to the flexible budget variance. Also, a negative direct labor efficiency variance is considered favorable one. And for a direct labor, if the efficiency and rate variances are both negative, then the flexible budget variance will be unfavorable. Therefore, the statement of the question is true.

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The following transactions occurred during March 2016 for the Wainwright Corporation. The company owns and operates a wholesale

Triss [41]

Answer:

1. Financing Activity : $300,000

2.Investing Activity : $10,000 and Non-cash Financing and Investing Activity : $30,000

3.Operating Activity : - $90,000

4.Operating Activity : $50,000

5.Operating Activity : -$5,000

6.Operating Activity : -$6,000

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8.Operating Activity : $55,000

9.Operating Activity : $1,000

Explanation:

Operating Activities involves the entity`s trading operation in ordinary course of business.

Investing Activities involves the entity`s sale or purchase of Investments.

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3 years ago

Describe how Kabbage might evaluate the existence and completeness of an applicant’s revenue transactions.

elena55 [62]

Explanation:

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3 years ago

A researcher wants to test if juvenile hormone (similar to testosterone) is associated with aggression in paper wasps. The resea

Lady_Fox [76]

Answer:

b. The pairs in which neither individual is given extra juvenile hormone is the control

Explanation:

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3 years ago

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harina [27]

Answer:

a floating exchange rate, based on market forces of supply and demand.

Explanation:

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3 years ago

If a stadium sells 40,000 seats sold at $20, $22.50, and $25 and $28 equally distributed in four sections, how much can be made

Ksenya-84 [330]

Section A = 22,500 seats
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3 years ago