Answer:
1,708 Unfavorable
Explanation:
Revenue Variance = Budgeted Revenue - Actual Revenue, and where actual revenue is less than standard revenue, then variance will be unfavorable.
Note: The variance is calculated for revenue and not the net profit, because both are different terms.
Budgeted = 3,100 tenant days
Actual = 3,120 tenant days
Revenue Budgeted for actual tenant days = $34
3,120 = $106,080
Less: Actual Revenue = $104,372
Since Standard revenue is more than actual revenue, the variance will be unfavorable = $106,080 - $104,372 = 1,708 Unfavorable
Hi there
beginning work in process+units started or transferred in=ending work in process+units transferred out
So we need to find units started or transferred in=58,000+22,000−18,000
=62,000...answer
Hope it helps
What do you want to be when you grow up?
The best choice would be "B". Research other jobs you could potentially have, and see what the salary for them would be. You can tell your employer that you could take this other job with a higher salary, and therefore get what you want without snooping/ begging.
I hope this helps!
~cupcake
Answer:
67,600 tons
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Conversion
Equivalent Units = 55,000 + 18,000 x 70% = 67,600 units