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Marina86 [1]
3 years ago
12

Explain how wheeled coach implements ABC analysis

Business
1 answer:
sladkih [1.3K]3 years ago
3 0
<span>Through distinctive use of annual high dollar items, Wheeled Coach implements ABC analysis. ABC analysis is categorizing into A, B and C category.</span>
<span><span>A category represent some 15% of the</span> total inventory items, but 70–80% of the total cost.
</span> <span><span>B category represent 30% of the items and 15–25% of the value.
And C category represents 5% of the annual dollar</span><span> volume, but about 55% of the total items.</span></span>
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Answer:

The correct answer is C.

Explanation:

Giving the following information:

The actual quantity of direct materials purchased 20,000 pounds.

standard price of direct materials $ 7.00 per pound.

Material price variance $ 5,000 Unfavorable.

Material quantity variance S 2,500 Favorable.

Direct material price variance= (standard price - actual price)*actual quantity

-5,000= (7 - AP)*20,000

5,000= 140,000 - 20,000AP

20,000= 145,000AP

Actual price= 7.25

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3 years ago
On January 1, 2021, Legion Company sold $240,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December
slavikrds [6]

Answer:

$7,514

Explanation:

Calculation for how Legion should report bond interest expense for the six months ended June 30, 2021

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Therefore Legion should report bond interest expense for the six months ended June 30, 2021 in the amount of $7,514

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Answer:

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Explanation:

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