Answer:
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Explanation:
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Answer: The following methods does not help reduce marketing risks: <u><em>Integrate vertically to insure a market or form a marketing alliance.</em></u>
Integrating a firm vertically and thereby forming a marketing alliance won't reduce the marketing risks for any organization.
<u><em>Therefore, the correct option in this case is (c).</em></u>
Answer:
$19,713 unfavorable
Explanation:
Direct labor efficiency variance tells us that how the direct labor is used to product the standard numbers of share. It is calculate by multiplying the difference of actual labor hours and standard labor hours with standard rate.
Formula for the efficiency variance
Direct labor efficiency variance = (Actual Hours - Standard Hours ) x Standard Rate
Direct labor efficiency variance = (3,500 - (0.25x5,700 ) x $9.5
Direct labor efficiency variance = (3500 - 1425 ) x $9.5
Direct labor efficiency variance = $19,713 unfavorable
As the actual Labor hours spent is higher than the estimated so, the efficiency variance id unfavorable.
Answer:
Ending inventory= $144,150
Explanation:
Giving the following information:
Beginning inventory consisted of 7200 units that cost $14.00 each.
Purchase:
3000 units at $15.00 each
12,200 units at $15.50 each.
Vaughn also sold 13,100 units during the month.
<u>To calculate the ending inventory using the FIFO (first-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
Ending inventory= 9,300*15.5
Ending inventory= $144,150
