A database program helps to __

At Jacobson Company, indirect labor is a variable cost that varies with direct labor-hours. Last month's performance report show

Vlada [557]

Answer:

B) $0.25

Explanation:

Jacobson Company

Given

Actual indirect labor cost $5,780

Spending variance $245 F

Actual Direct labor-hours 24,100

Formula

Spending Variance = Flexible Budget- Actual Results

<u>Working</u>

Spending Variance = Flexible Budget- Actual Results

Spending Variance = Indirect Labor Cost per direct labor hour - Actual Results

$245 F =Indirect Labor Cost (per direct labor-hour) *24,100 - $5,780

Indirect Labor Cost*24,100 = 245+ 5780

Indirect Labor Cost * 24,100 = $6,025

Indirect Labor Cost = $6,025 /24,100

Indirect Labor Cost per direct labor-hour= $0.25

6 0

3 years ago

Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $ 398 comma 930 due in 28 y

Sladkaya [172]

Answer:

Present value of Liability is $59,989

Explanation:

Money does not have the same value in future as it has today. The present value calculates the today's value of any that cash flow will be made in future.

Liability = FV = $398,930

Number of years = n = 28 years

Discount rate = r = 7%

Present value = FV / ( 1 + r )^n

Present value = $398,930 / ( 1 + 0.07 )^28

Present value = $398,930 / 6.65

Present value = $59,989.47

3 0

3 years ago

Bramble Corp. required production for June is 222000 units. To make one unit of finished product, three pounds of direct materia

Virty [35]

Answer:

Purchases= 696,000 pounds

Explanation:

Giving the following information:

Production= 222,000 units.

To make one unit of a finished product, three pounds of direct material Z are required.

<u>To calculate the purchases of direct material, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 222,000*3 + 420,000 - 390,000

Purchases= 696,000 pounds

5 0

3 years ago

Suppose that you are a DBA. What data dimensions would you describe to top-level managers to obtain their support for data admin

alexandr402 [8]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

As a database administrator, the data dimensions I would describe to top-level managers to obtain their support for data administration would be these.

First of all, the imperious necessity of protecting the information of the company and the clients'. Security comes first. Then the technological aspects to have modern equipment and software to facilitate the operations in the company. System DBA's are necessary to have applications that serve to merge old information into new databases without affecting the actual data. Then to have a proper cluster in which the company can manage different procedures such as finances, accounting, field operations, and more, knowing that data is properly stored and easily accessible.

3 0

2 years ago

Hunt Incorporated sold $209,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2% fin

pentagon [3]

Answer:

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

Explanation:

Journal entries

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

*7% X $209,000 =$14,630

*2% X $209,000 =$4,180+$12,100=$16,280

5 0

3 years ago

A database program helps to ___