Answer:
Explanation:
Standard pounds per cake = 3 pounds
Standard unit price = $3
Standard pounds 5500 cakes = 16,500 pounds
Actual pounds per 5500 cakes = 16,650
Variance = (16,650 - 16,500)=150
Cost of actual materials used = actual materials * standard price
=16,650*3 =49,950
Cost of work in progress = Standard materials * standard price = 16,500*3= 49.500
Direct material quantity variance = Quantity variance * 3
150*3 = 450
Journal entry
Debit work in progress = 49,500
Debit material quantity variance = 450
Credit Material = 49,950
Answer:
a sales-type with selling profit
Explanation:
Initial direct costs are deferred and expensed over the lease term in a sales type lease. A sales type lease is lease that has the present value of lease higher than the carrying value in the books. Therefore the lessor is seen as selling the leased property and should recognize profit since there is a selling profit. The lessor and lease account differently for sales type lease, the lessor based on classification of sales type lease expenses(at least at comencement) it while the leassee capitalizes right if use and amortizes payments over lease term
Answer:
Letter C is correct.<u> Social Justice Theory.</u>
Explanation:
The most suitable alternative for this issue is letter c, Theory of Social Justice.
This theory refers to an ethical and political philosophy that states that there is justice beyond those recognized by the economic law of supply and demand, civil and criminal law, and the social and moral rules and structures of society. According to this theory, social justice refers to relationships that must be fair to all groups in society, that is, all people must have equal access to health, well-being, justice, opportunities, etc., regardless of their conditions. political, economic or other.
Social justice theory can punish or favor individuals regardless of their characteristics, choices or actions.
In the above question, we can say that social justice is adequate, because in economic terms, it is able to grant opportunities, redistribution of wealth and income to groups considered oppressed by certain oppressors.
Answer:
$6.87
Explanation:
Calculation for what The contribution margin per unit is:
Selling price per unit $12.26
LessVariable cost per unit ($5.39)
Contribution margin per unit $ 6.87
($12.26-$5.39)
Therefore The contribution margin per unit is: $6.87
<span>In June, number of shares = 350; Stock Price = $20
Total Oracle share price in June = 350 x 20 = 7000
In August, additional number of shares = 420; Stock price = $24
Total Oracle share price in June = 420 x 24 = 10080
In November, additional number of shares = 470; Stock price = $33
Total Oracle share price in June = 470 x 33= 15510
Final total share price = 7000 + 10080 + 15510 = 32590
Final number of shares = 350 + 420 + 470 = 1240
Mean price per share = Final total share price / Final number of shares = 32590 / 1240 = $26.28</span>
