Answer:
Usage variance=$750
Explanation:
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite </em>
<em> Pounds</em>
7,800 units should have used ( 7,800× 3) 23,400
but did use <u>23,100</u>
Usage variance 300
× standard price <u>$2.50</u><u> </u>
Usage variance <u> $750</u> favorable
Usage variance =$750
Answer:
Debit Salaries Expense $400 and Credit Salaries payable $400.
Explanation:
Consider, we are told the company pays each of its <em>two</em> office employees, meaning, the 2 employees combine will earn $200 a day
.
Furthermore, we are told that even though the monthly accounting period ends on Tuesday the two employees work on Monday and Tuesday, meaning, the adjusting entry to record at the month-end will be a summation of the amount earned by the two employees on the two days. That is, = $200 × 2 days
<u> = $400 </u>(which is a salary expense).
Therefore, going by the rule of double-entry, we are obliged to debit salaries expense account and credit salaries payable account.
Answer:
True
Explanation:
Order cycle time is the period between the two orders, i.e., previous order and next order. If there is an ample amount of demand for a product, the order cycle time of that particular product will be low. As customer wants the product very often, the inventory will become nil, and there will be a positive cash flow. As the inventory level decreases, the current assets will be lower. As customers pay quickly, the receivables will also remain lower.
The correct answer is - E<span>nglish is now the second language of at least one-sixth of the nations restaurant workers, and about one-third of that group speaks no English at all.
Logos is a rhetorical appeal that authors use in order to persuade people to believe them. Logos is based on logic, on facts, or proof, and there is proof to support this claim about English, whereas the other sentences aren't really there to prove anything.
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