Answer:
$30,000 unfavorable.
Explanation:
Calculation for what The direct labor efficiency variance for October was
Using this formula
Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour
Let plug in the formula
Direct labor efficiency variance=(5,000 × 2 - $207,000 ÷ $18.00) × $20
Direct labor efficiency variance= (10000 - $11,500) × $20
Direct labor efficiency variance= $1,500 × $20
Direct labor efficiency variance= $30,000 unfavorable
Therefore The direct labor efficiency variance for October was $30,000 unfavorable
Answer:
True
Explanation:
Identifying your sources help your audience believe that your information is reliable.
Answer:
a. Ratio of fixed assets to long-term liabilities
= <u>Fixed assets </u> x 100
Long-term liabilities
= <u>$3,200,000</u> x 100
$2,000,000
= 160%
b. Ratio of liabilities to shareholders' equity
= <u>Total liabilities</u> x 100
Shareholders' equity
= <u>$3,000,000</u> x 100
$5,000,000
= 60%
c. Asset turnover
= <u>Sales</u>
Total assets
= <u>$18,750,000</u>
$7,000,000
= 3 times
d. Return on total assets
= <u>Net income</u> x 100
Total assets
= $930,000 x 100
$7,000,000
= 13.29%
Explanation:
The ratio of fixed assets to long term liabilities equals fixed assets divided by long-term liabilities multiplied by 100.
Ratio of liabilities to stockholders' equity equals total liabilities divided by total stockholders' equity multiplied by 100. The total liability is equal to current liabilities plus long-term liabilities.
Asset turnover equals sales divided by total assets.
Return on total assets equals net income divided by total assets multiplied by 100.
Answer:
Around $35
Explanation:
Telemarketing sales calls offers lots of advantages like boosting sales in most organizations. You will have to sign a contract where you agree to pay for a minimum number of hours.
Another advantage is that If you need to do some research in advance of product development or product launches, there is some value in having those research calls made by the same telemarketing team that will ultimately be selling the product.
Answer:
c. $500
Explanation:
A contract is an agreement by two or more parties to perform a.certain activity within a given time.
When contract are breached, the beneficiary has the right to gain back the amount promised.
If the beneficiary can get another option, the other party is obligated to pay the balance.
On this instance Nora had the chance to get a new job at $2,000 salary the balance is $2,500 - $2,000= $500. Since she rejected the job she is responsible for that loss.
However ABC is still liable to pay the balance of $500
