Answer:
Direct material price variance= $13,800 unfavorable
Explanation:
Giving the following information:
Simpleton, Inc. budgeted a material cost of $10 per lb.
Actual:
2,300 lbs at $16 per lb.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
<u></u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (10 - 16)*2,300
Direct material price variance= $13,800 unfavorable
Answer:
9.62%.
Explanation:
Set the values of the bond on the financial calculator as follows :
PV = - $785
FV = $1,000
PMT = $1,000 x 4% = $40
P/YR = 1
N = 5
I/YR = ??
Here the question requires us to determine the value of the yield to maturity or I/YR.
Inputting the values as above in the financial calculator gives the I/YR as 9.62%.
Answer:
An average of 3,000 ($25 per delivery) I beleive.
Explanation:
Hope this helps!
Answer:
A long history with corrected blemishes shows to those viewing your credit history that you've learned to fix mistakes making you trustworthy and experienced. But when you have a short clear history they don't really know anything about you.
Explanation:
Answer:
The correct answer is Option B.
Explanation:
Dividend is simply synonymous to a profit from stockholder's investment (usually in form of shares). Dividend is usually declared when the company that the stockholder invests in is performing well.
On November 15 when the dividend declared was recorded, the following journals would have been recorded:
Debit Retained earnings ($5 x 20,000) $100,000
Credit Dividend payable $100,000
<em>(To record declaration of dividend)</em>
However, when it became payable on November 30, 2018, the dividend payable account has to be debited as follows:
Debit Dividend payable $100,000
Credit Cash $100,000
<em>(To record dividend paid to stockholders)</em>
