Answer:
c. Total manufacturing costs charged to production.
Explanation:
We know that
Total manufacturing cost = Direct material + direct labor + manufacturing overhead cost
where,
Manufacturing overhead cost includes Factory utilities + factory equipment depreciation + factory building property taxes + Indirect factory labor + Indirect raw materials + Factory repairs and maintenance charges + Factory manager salary
, etc
As we know that the direct material purchased, direct labor cost are the inputs which are used to make the finished product that would be credited
Plus the finished goods cost is credited and the cost of goods sold is an expense which would be relevant at the time of selling the product
Therefore, at the time of reporting the total manufacturing cost to production, the work in process inventory account should be debited
Some positive impact of taxation and legislation on a work of the insurance company is that working within the rules of a state provides more security, for example protection from harassment and fraud(the taxes that the company is paying are for example used for financing the court system, which the company might need to use)
Some negative impact is the loss of money through taxation.
Answer:
Revenue variance $1800<u> </u>Favorable
Explanation:
<em>Revenue variance is the difference between the actual revenue and the standard revenue from the actual units sold. It is can be determined as follows:</em>
Revenue variance
$
Revenue from 32 units (32× 3,800) 121,600
Actual revenue <u>123,400</u>
Revenue variance <u> 1800 </u>Favorable
Revenue variance $1800<u> </u>Favorable
Answer:
listening
Explanation:
<em>listening skills:</em> Knowing how to listen is the same, or even more difficult, than knowing how to speak. Active listening is an indispensable element in effective communication and refers to the ability to listen not only to what the person is expressing directly, but also the feelings, ideas or thoughts that underlie what is being said. To get to understand a person requires some empathy. Active listening means listening and understanding communication from the point of view of speech.
Answer:
Generally, before a dispute is solved by an arbitrator, both parties must sign an agreement where they accept the arbitrator's decision and that makes it binding for both sides. Since both parties reside in different states (interstate commerce), federal law applies. The American Arbitration Act states that arbitration is a legal and valid way to solve disputes outside a courtroom and that the decisions taken by the arbitrators are final and binding.
In this case, Cork Masters must obey the arbitrator's resolution.
