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3 years ago

Our play _ has days of sales tied up in receivables, which is much _ than the industry average. it takes our play

1 answer:

4 0

The answer to this question is 14.24 ; higher
Currently, the industry standard for this kinda thing is 9.0. This indicated that most of the sales that the play made during the period mostly paid in the form of debt. (usually caused by customers buying the ticket of the play by using their credit cards)

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A group of workers normally consists of 60 men, 30 women and 20 boys. They are paid at standard hourly rates as under:

dexar [7]

Labour cost variance = R.s 33,000 (F)
Labour rate variance = R.s 33000 (F)
Labour efficiency variance = 0

Given:

Standard Number of men = 60

Standard Number of women = 30

Standard Number of boys = 20

Standard hour rate for men = R.s 280

Standard hour rate for women = R.s 160

Standard hour rate for boys = R.s 140

Weekly working hour = 40 hours

Expected unit = 5,000 units

Number of men in march week = 70

Number of women in march week = 25

Number of boy in march week = 25

Actual wage for men = R.s 270

Actual wage for women = R.s 165

Actual wage for boys = R.s 130

Actual units = 4,500 units

Find:

Labour cost variance
Labour rate variance
Labour efficiency variance

Computation:

Labour cost variance = [SC for AO] - AC

Labour cost variance = [( 70 × 280) + (25 × 160) + (25 × 140)] - [(70 × 270) + (25 × 165) + (25 × 130)] × 40

Labour cost variance = (27,100 - 26,275 ) × 40

Labour cost variance = R.s 33,000 (F)

Labour rate variance = (SR - AR) × AH worked

Labour rate variance = [(280 - 270)70 + (160 - 165)25 + (140 - 130)25]40

Labour rate variance = [700 - 125 + 250]40

Labour rate variance = [825]40

Labour rate variance = R.s 33000 (F)

Labour efficiency variance = (SH allowed - AH worked)SR

Labour efficiency variance = (0 - 0)SR

Labour efficiency variance = 0

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5 0

3 years ago

Assume you are a brand manager of a clothing brand that offers formal clothing for gents in mid-tier market segment. The brand i

vlada-n [284]

Answer:

Following steps are followed to carry out research for declining sales,

Define the problem

List possible solution

Evaluate each alternative solution

Finalize the solution

Implement the solution

Measure results

Explanation:

Sales is very crucial element for any business. The declining sales at gents clothing brand has created a problem for business managers. The declining sales will results in many problems like, inventory obsolete issues, lesser profits, increase cost and similar. The main reason for declining sales could be change in fashion or trend. Gents clothing is very much impacted by celebrities. If some popular celebrity has changed its way of dressing the impact can be observed in entire fashion industry.

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3 years ago

Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local

PIT_PIT [208]

Answer:

Correct one is Option D.

$6,500

Explanation:

Fair value of its 20% interest in the receivables 8000

Less: Factoring fee=50000*3% =1500

Amount receivable from factor= 8000-1500=6500

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3 years ago

Opinion: Based on marginal analysis that examines costs and benefits, why do some people choose NOT to eat organic food?

Katyanochek1 [597]

Non-organic food is cheaper, and often has brand names, which appeal to the consumer more than an organic brand does.

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3 years ago

Read 2 more answers

A salary owed to employees is an example of an accrued expense a. True b. False

pogonyaev

a. True

An accrued expense is an expense that exists in the books before it is paid off and it's a liability. It's a periodic and documented expense, and they are the opposite of prepaid expenses. A salary owed to employees is an example of an accrued expense.

5 0

3 years ago

Read 2 more answers

Our play ___ has days of sales tied up in receivables, which is much ___ than the industry average. it takes our play

Our play _ has days of sales tied up in receivables, which is much _ than the industry average. it takes our play