Answer:
7,500 Unfavorable
Explanation:
Standard rate = $5 per pound
Actual quantity = 37,500 pounds
Direct labor quantity variance:
= Standard rate × (Standard quantity - Actual quantity)
= 5 × [(12,000 units × 3 pounds) - 37,500 pounds]
= 5 × [36,000 pounds - 37,500 pounds]
= 5 × 1,500
= 7,500 Unfavorable
Therefore, the direct materials quantity variance was 7,500 Unfavorable.
Answer:
B. Cash 150,000 Notes Payable 150,000
Explanation:
Sr Account Dr Cr
Jan 1 Cash $ 120,000
Notes Payable $ 120,000
This entry would be made in the books of Guarantee Company. As the interest has not yet accrued so no entry regarding the interest expense or interest payable would be made.
Choice A is not correct because it accounts for interest expense which has not yet accrued from the cash received.
Choice C is also incorrect because the actual amount of cash received is $ 150,000.
Choice D is also incorrect because Cash is debited with an increase and liabilities increase with a credit and this is reverse.
Best Choice is B
Answer:
Team members demonstrates a constant focus on improvement
Explanation:
To increase the personal values of team members on high performing teams, team members must demonstrate a constant focus on improvement, the more there is room for improvement, the more personal values are enhances because each members of the team is allow to pass to the growth process and become the best version of themselves.
Answer:
One is that inequality increases the sense of entitlement in higher‐class people, because they engage more often in downward social comparisons. Another is that higher‐class people may be more concerned about losing their privileged position in society if they perceive a large gap between the rich and the poor
Answer:
The stock's value per share is $90.09.
Explanation:
In order to estimate the value of the share, first we have to estimate the value of the company at year 0 (today). We start from the FCF, that is equal to 200,000,000 (year 1). The formula of the company's value is 
, where g is the constant rate of grow (5%). So, the value of the company at year 1 is 
.
The next step is to obtain the value at year 0, with the formula 
. So 
Finally, the stock's value per share is 
