Answer: Definition the problem.
Explanation:
In trying to solve a problem, the first and the most basic step to take is to identify or define the problem, this stage involves determining the circumstances and situation as it helps one to be focused and pay attention to what the real problem is.
It is the first step and the most important, although it is most times difficult.
Defining the problem must answer the question "why", "who", "where","what", "how" and "when".
Defining the problem helps one to gain control over the situation.
Answer:
Direct labor efficiency variance= 0
Explanation:
Giving the following information:
Direct labor 0.2 hours $ 35 per hour. During June, Heavy Products produced and sold 16,000 containers using 3,200 direct manufacturing labor-hours at an average wage of $ 51.00 per hour.
Direct labor efficiency variance= (Standard Quantity - Aactual Q)*standard rate
Direct labor efficiency variance= (0.2*16,000 - 3,200)*35= 0
Answer:
Term bond $725,000
Debenture bonds $775,000
Explanation:
Calculation to determine the total amounts of term bonds and debenture bonds
TERM BONDS
6.5% unsecured convertible bonds of $225,000
Add 4.875% guaranty secured bonds of $500,000
TOTAL term bond total $725,000
($225,000+$500,00
DEBENTURE BONDS
5.375% registered bonds of $550,000
Add 6.5% convertible bonds of $225,000,
TOTAL Debenture bonds $775,000
($550,000+$225,000)
Therefore the total amounts of term bonds will be $725,000 and debenture bonds will be $775,000
