Which career requires less education than an Auditor?
A) Accountant
B) Bookkeeper
C) Credit Analyst
D) Financial Manager
The assessments of the currency of diversity plan is one that is centered around making a diversity plan that entails a lot of steps to make sure that the institution is said to be prepared to make a diversity plan.
It is one that seek to recognizes its role inside of a diverse community, and it is one that handles diversity in a meaningful and vital way.
<h3>What is in a diversity plan?</h3>
A diversity plan is known to be a kind of an actionable plan that tells more about one's business and how one can go about then.
It is one that is made up of people from a lot of backgrounds. It is a said to be a kind of a commitment by the company to make an environment that is fair.
Hence, The assessments of the currency of diversity plan is one that is centered around making a diversity plan that entails a lot of steps to make sure that the institution is said to be prepared to make a diversity plan.
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Answer:
Dr. Cr.
(1)
The company purchased
195 units at $44 each
Inventory (195 x 44) 8,580
Account Payable / Cash 8,580
(2)
Returned 8 units
for credit
Account Payable / Cash 352
Inventory (8 x 44) 352
(3)
Sold 163 units
at $65 each.
Account receivable / Cash 10,595
Sales ( 163 x 65 ) 10,595
Cost of Goods sold 7,172
Inventory 7,172
Inventory Account: Dr. Cr. Balance
Opening Balance ( 65 x $44 ) $2,860
(1) Purchase $8,580 $11,440
(2) Purchase Return $352 $11,088
(3) Sale $7,172 $3,916
Inventory Closing Value is $3,916.
Answer:
Over-applied by $70,000
Explanation:
Overhead Rate: Expected overhead / Expected Labor cost
Overhead Rate: $600,000 / $400,000
Overhead Rate: 150% or $1.5 for every $1 cost of labor
Overhead Applied
Actual Labor Cost: $440,000
Overhead Applied: $440,000 * 150%
Overhead Applied: $660,000
Actual Overhead: $590,000
Over-Applied: Applied Overhead - Actual Overhead
Over-Applied: $660,000 - $590,000
Over-Applied: $70,000
Answer:
price variance: <em>1</em><em>3</em><em>,</em><em>0</em><em>50 favorable</em>
quantity variance:<em> -1,760 unfavorable</em>
Explanation:
standard quantity 5
standard price 1.1 per pound
actual quantity for 4900 units
8000 + 25,500 -7,400 = 26,100 pounds
standard quantity 4,900*5= 24,500
actual price 15,300/25,500 = 0.60
standard price = 1.10
Because actual is lower than STD the company saved money spending. It is favorable.
Because the company used more pounds than STD the quantity variance is unfavorable
