Answer:
Option D: $21,800 Unfavorable
Explanation:
Direct Material Price Variance = Actual Cost of Direct Materials Purchased – Actual Quantity of Direct Materials Purchased at Standard Price
If,
Actual Cost of Direct Materials Purchased > Actual Quantity of Direct Materials Purchased at Standard Price = Unfavorable Variance
Actual Cost of Direct Materials Purchased < Actual Quantity of Direct Materials Purchased at Standard Price = Favorable Variance
Working
Direct Material Price Variance = $249,000 – (142,000 Kg × $1.6 per Kg)
Direct Material Price Variance = $249,000 – $227,000
Direct Material Price Variance = $21,800
As per decision rule stated above, Parallel Enterprises has an Unfavorable Direct Material Price Variance of $21,800
Answer: Assets divided by bank capital
Explanation:
The Leverage ratio is a tool used by banks, certain financial institutions and Government regulators to make sure that Banks have adequate capital in relation to the amount of assets that they are carrying.
It works by Dividing a Bank's easily liquidated Assets by it's Capital and as such shows the leverage level in terms of how much of the bank's assets are funded by Liabilities. This tool is very important in showing if the bank is Financially healthy or not.
The correct answer is- the MRP exceeds the wage rate.
<h3>How does MRP influence wage rates?</h3>
Basic economic theory suggests that wages depend on a worker's marginal revenue product MRP. (this is basically the value that they add to the firm which employs them.)
MRP is determined by two factors: MPP – Marginal physical product – the productivity of a worker.
<h3>What factors increase wages?</h3><h3>Productivity:</h3>
Wage increase is sometimes associated with increase in productivity.
Workers may also be offered additional bonus, etc., if productivity increases beyond a certain level.
Learn more about MRP and wage here:
<h3>
brainly.com/question/21252933</h3><h3 /><h3>#SPJ4</h3>
Answer:
The difference of $27 will be added in the bank reconciliation statement.
Explanation:
With regards to the above information,
Since bank paid $936 but was recorded as $963 in the company's books.
The difference would therefore be ;
= $963 - $936
= $27.
This means that in the company's books, the balance is shown less than the actual balance by $27
Therefore, $27 will be added to the balance in the bank with regards to the books while preparing the bank reconciliation statement.
Hence, $27 which is $963 - $936 will be added in the bank reconciliation statement.
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