Answer:
c. It guarantees an improvement in organizational efficiency.
Explanation:
The budget does not guarantees an organizational efficiency. It should be efficiently utilized to make more out of it for organizational efficiency.
Answer and Explanation:
The computation is shown below:
For the labor price variance
= Actual Hours × (Actual rate - standard rate)
= 1,850 × ($11.80 per hour - $11 per hour) ,
= 1.850 × $0.80 per hour
= $1,480 unfavorable
For labor quantity variance
= Standard Rate × (Actual hours - Standard hours)
= $11 × (1,850 hours - 2,000 hours)
= $11 per hour × - 150hours
= $1,650 favorable
Now total would be
= Labor price variance + labor quantity variance
= $1,480 unfavorable + 1,650 favorable
= $170 favorable
Answer:
a) $22,500
b) $ 4,932
c) david deferred the 22,500 dollars of the car in four years
Explanation:
a) ammount financed: principal less down payment
25,000 less 10% down payment:
25,000 - 2,500 = 22,500 amount financed
b) finance charge would be the interest paid by David
which is the difference between the amount financed and the total payment made by david
571.50 monthly payment x 12 month per year x 4 years = 27,432
27,432 - 22,500 = 4,932
Answer:
Option (a) $7,386 increase
Explanation:
Data provided in the question:
Change in total liabilities = - $26,185 [negative sign depicts decrease]
Change in equity = $33,571
Now,
Total Assets = Total Liabilities + Total Equity
Thus,
Change in total assets = Change in total Liabilities + Change in total Equity
or
Change in total assets = - $26,185 + $33,571
= $7,386 [positive value depicts increase]
Hence,
Option (a) $7,386 increase
D) professionals should always act in the best interest of their clients.
This statement is ethical because it promotes doing your job in an ethical way, which is not doing things for your benefit, but for that of your client.
