President's salaries, depreciation of office furniture, and office supplies are

1 answer:

6 0

These are administrative expenses. These expenses are not directly tied to sales or production, but they are still cash outlays nonetheless and need to be accounted for. They are related to the entire company, in comparison to expenses that can be pinned to specific parts of the business.

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During May, Joliet Fabrics Corporation manufactured 600 units of a special multilayer fabric with the trade name Stylex. The fol

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Direct labour rate variance = (3875) unfavourable, Direct labour efficiency rate = (800) unfavourable

Explanation:

Computation of Direct Material Price & Quantity Variance

Direct Material Purchase - Price variance = (SP minus AP) multiply AQ Purchase ($1.45 minus $1.48) multiply19000 = ($570) Unfavourable

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Computation of Direct Labour Rate & Efficiency Variance

Direct Labour Rate variance = (SR minus AR)multiply AH

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2 years ago

Argue that use of english is important to chartered accountant

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Explanation:

There are several ways that a CA aspirant can become fluent in the English language. The best way is to take short-term English language classes that will give some fluency in English. There are several such English courses available from leading institutes in India. Also, you can take simple online English language courses to improve English language fluency.

English language fluency is important for CA aspirants. It’s not only necessary to pass all exams to become a CA but also in your routine work, after becoming a CA. Hence, learning English and becoming fluent in this language is very important.

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In other words, is to identify whether a person or firm is credit worthy. From this concept of credit worhiness, we can affirm that the purpose of credit risk analysis is essentially to identify credit opportunities, since from the fact of finding out that a potential customer is credit worthy, a credit opportunity is created. (the loan is made to the credit worthy customer).

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