Answer:
Document
Explanation:
Remittance advice is a document sent by a customer to a seller, informing the seller that an invoice has been paid.
Answer:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Explanation:
Giving the following information:
Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.
<u>We need the information regarding the standard rate for each hour of labor and the number of hours required to manufacture each unit</u>. The formula for direct labor efficiency variance is:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Answer:
e. All of these choices
Explanation:
As we know that
The functions of management comprises of five functions i.e planning, organizing, staffing, directing and controlling
The planning is the way to plan the things so that the company could attain its goals and objectives within the prescribed time
The organizing is the second managerial function which helps to organizing the things of the company. It involves the way of doing the task and utilizing the resources efficiently and effectively so that the task could be completed at low cost and time
In addition, there should be a flexibility in a organization so that if an opportunity can comes then it would grab easily, it also consist of planning & decision making
Answer:
C. forming, storming, norming, performing, and adjourning
Explanation:
Forming stage covers period of orientation.
storming involves the most difficult stage in which individual ambition comes to the fore.
norming : sense of cohesion and unity emerge
performing : team focuses on performance.
adjourning : It involves documentation of operation.
Answer:
B. $2,732,000.
Explanation:
After-tax operating income (ATI) = $3,200,000
Weighted-average cost of capital (WA) = 9%
Assets (A) = $7,000,000
Liabilities (L) = $1,800,000
Economic value added (EVA) is given by:
![EVA = ATI -[(A-L)*WA]\\EVA = \$3,200,000 - [(\$7,000,000-\$1,800,000)*0.09]\\EVA = \$2,732,000](https://tex.z-dn.net/?f=EVA%20%3D%20ATI%20-%5B%28A-L%29%2AWA%5D%5C%5CEVA%20%3D%20%5C%243%2C200%2C000%20-%20%5B%28%5C%247%2C000%2C000-%5C%241%2C800%2C000%29%2A0.09%5D%5C%5CEVA%20%3D%20%5C%242%2C732%2C000)
Endotrope's economic value added is $2,732,000
