It can be calculated using the following formula: Fixed Overhead <u>Volume </u>Variance = Applied Fixed Overheads – Budgeted Fixed Overhead. Here, Applied Fixed Overheads = Standard Fixed Overheads × Actual Production.
Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.
For simple 3D shapes, you can easily calculate the Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.
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Supply curves are created when the data from a supply schedule is graphed. The correct answer is C.
Some of the key environmental variables are market fluctuations, changes in government policy, inflation, and technology and economical factors. The impact of these changes on the HRM function may either be positive or negative depending on the type of changes.
The HRM function cannot perform its duty in a vacuum. There are a number of environmental factors that affect HRM. The factors that are of primary importance that affect working are economic conditions, labor markets, laws and regulations, and labor unions. Other factors may be the political changes and the environmental changes that take place.
The environmental variables can be broadly divided into technological, cultural, political, social, and legal factors. While these external factors' influences are often outside the HRM's control the HRM is required to address their effect on the organization and its goals. Some of the other factors can be ethical and global factors.
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Answer:
M. R. Wilson Supplies had merchandise inventory that cost $ 1 comma 900. The market value of the merchandise inventory is $ 1 comma 400. What value should Wilson Supplies show on the balance sheet for merchandise inventory?
Merchandise inventory value = $ 1 comma 400. Option A
Explanation:
Record the adjusting entry is shown below:
Debit Credit
Cost of Goods Sold $1400.00
Merchandise Inventory $1,400.00
Inventory is usually valued at lower of cost or market value.
Merchandise inventory value = $1,400
Therefore, option A is correct.