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Law Incorporation [45]
3 years ago
9

Aunt​ Emily's Food Products is famous for its frosted fruit cake. The main ingredient of the cake is dried​ fruit, which Aunt​ E

mily's purchases by the pound. In​ addition, the production requires a certain amount of direct labor. Aunt​ Emily's uses a standard cost​ system, and at the end of the first​ quarter, there was a favorable direct materials cost variance. Which of the following is a logical explanation for that​ variance?
Business
1 answer:
Angelina_Jolie [31]3 years ago
4 0

Answer:

Consider the following explanation.

Explanation:

The logical explanation for that​variance is "<em>The purchasing manager was able to secure a volume discount on dried​ fruit, purchasing the fruit for less than the amount set by standard." As a consecuence of a previpous deal with the provider.</em>

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It's important

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In Patrick Henry's "Speech in the Virginia convention," why do you think Henry made allusions to homer's odyssey and the bible​
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4 years ago
Maren received 12 NQOs (each option gives her the right to purchase 13 shares of stock for $10 per share) at the time she starte
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3 years ago
funcycle manufacturing's budget includes the following credit sales for the current year: september, $146,000; october, $137,000
iragen [17]

The Cash Collection from the Credit sales in the Month of December is $130,300.

Credit (from the Latin verb credit score, which means "one believes") is the agree with which permits one party to offer money or resources to any other celebration in which the second birthday celebration does not reimburse the primary birthday party at once (thereby producing a debt), however, guarantees both to repay or go back those resources (or different substances of identical price) at a later date. In different words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a massive organization of unrelated humans.

The assets provided may be financial (e.g., granting a loan), or they'll encompass items or offerings (e.g., client credit score). credit score encompasses any shape of the deferred fee. a credit score is extended by means of a creditor, also called a lender, to a debtor, additionally called a borrower.

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7 0
1 year ago
Novak Corp. has the following transactions during August of the current year.
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Answer:Please see answers in explanation column

Explanation:

Journal entry for Novak Corp during August

Date               Account title                  Debit                  Credit

Aug 1             Cash                              $10,950

Common stock                                                                   $10,950

Aug 4           Prepaid Insurance           $1,020.        

                         Cash                                                             $1,020.

Aug 16              Cash                                $780    

               Service revenue                                                         $780

Aug 27          Salaries expense                 $520  

                             Cash                                                                $520

5 0
3 years ago
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