Answer:
The activity variance for cleaning equipment and supplies in April would be closest to = -$225
Explanation:
Cost formula for cleaning equipment and supplies = $2,540 + $45 per boat
Since the actual level of activity is 11 boats the budgeted costs for 11 boats will be $2,540 + $45*11 = $3,035
Actual costs for the 11 boats = $3,260
Activity variance = Budgeted - Actual activity cost = $3,035 - $3,260
= -$225
Since the actual cost of activity is more than budgeted cost of activity, the activity variance is unfavorable and closest to -$225.
Answer:
Below:
Explanation:
It's called "Communication".
Hope it helps..... Bro/Sis
It's Muska... :)
Based on the large shipment of big shipping boxes and making direct unloading to a train car for further transport has shown the simplification of transport as a result of:
<h3>What is Containerization?</h3>
This refers to the use of intermodal freight transport where cargoes are used in the transport of goods with the use of freights and superfreighters.
With this in mind, we can see that containerization has globally simplified the transport of products from <em>one mode of shipping</em> to another.
Read more about containerization here:
brainly.com/question/13161794
Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.
Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.
Answer: $68,200
Explanation:
Estimated inventory = Difference between Goods available for Sale at Retail Price and Actual Sales made * Cost Retail Ratio
Retail value of Goods Available for Sale
= Retail Price of Beginning Inventory + Retail price of Purchases
= 120,000 + 480,000
= $600,000
Difference between Goods available for Sale at Retail Price and Actual Sales made
= 600,000 - 490,000
= $110,000
Cost to retail price ratio
= (Cost of Beginning Inventory + Cost of Purchases) / (Retail Price of Beginning Inventory + Retail Price of Purchases)
= (60,000 + 312,000) / (120,000 + 480,000)
= 62%
Ending inventory
= 110,000 × 62%
= $68,200
