Answer:
Direct material price variance= $144 unfavorable
Explanation:
Giving the following information:
Standard Direct Materials 2.5 pounds $8.25 per pound.
During the most recent month, Garfield recorded the following activity: a) The company purchased 1,440 pounds of material at a cost of $8.35 per pound. b) All of the material purchased was used to make 600 units of Super Scrub.
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (8.25 - 8.35)*1,440= $144 unfavorable
Answer:
the available options of the question are,
A) investing
B) essential
C) financing
D) operating
E) entertainment
and the correct answer is B) essential.
Explanation:
if you look at this question, you can see clearly that matt lives in an apartment and not in his own place, so if he continues to live their, he must pay. this is because there is an agreement between him and the owner of the apartment and this agreement is valid and can be enforced by the law.
of he does not pay, the owner can get rid of him after giving him a notice within a fair time limit.
because of this, this action can be regarded as an "essential" one. or in other words, a must do for matt to have a roof over his head.
Answer: 8%
Explanation:
Reward to risk ratio = (Expected return - Risk free rate) / Beta
Expected return = Risk free rate + Beta * ( Market return - Risk free rate)
= 4.4% + 1.2 * (12.4% - 4.4%)
= 14%
Reward to risk ratio = (14% - 4.4%) / 1.2
= 8%
Subtract 1 on both sides. Once you subtract 1 you would get 2/5x=10. Then you would multiply by 5/2 on both sides so you get rid of the fraction. A fraction mulitplied by its reciprocal is always equal to 1 and 10 multiplied by 5/2 is 25. So x=25
Answer:
A) debit interest expense, $1000
Explanation:
to determine the accrued interest expense = $100,000 x 6% x 2/12 = $1,000
the journal entry should be:
December 31, 2018, accrued interest expense on note payable:
Dr Interest expense 1,000
Cr Accrued interest payable 1,000
Accrual accounting establishes that expenses must be recognize during the period that they occur regardless of when they are paid. So we must recognize 2 months worth of interest.
