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3 years ago

Job interviewers often say to job applicants, "tell me about yourself." the purpose of this request is to:

1 answer:

5 0

The purpose of this question is to:
1) Assess the personal values of the individual.
2) Assess the interviewee's command of language.
3) Assess if the interviewee is witty enough to answer the questions.
4) Assess if the interviewee is able to carry himself well to impress.

Hope this helps you.

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Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard 15 pounds p

Hitman42 [59]

Answer:

The direct material quantity variance is $10,800 favourable. (the options in the question are not correct).

Explanation:

The direct materials quantity variance represents a difference between what was actually produced and the standard or idea that should have been produced especially with regards to the use of direct materials.

To calculate material quantity variance

Step 1:Calculate the Standard Usage of Material

Formula= (Actual Units of Finished goods Purchased x Standard Price of Material per unit)

= 4,000 units x 15 Pounds

= 60,000 Pounds

This means the standard material usage is 60,000 pounds

Step 2: Now calculate the Direct Material Quantity Variance

Formula= (Standard Material Usage - Actual Material Usage) x The Standard Price per Unit of Material

= 60,000 pounds (computed in step 1) - 40,000 pounds (given in the question)

= 20,000 pounds x $0.54

=$10,800

Since the standard Material is higher than the actual material usage, it means that the answer is as follows;

The direct material quantity variance is $10,800 favourable.

Kindly note that the multiple options in the question above are for a different set of figures and a different question.

6 0

3 years ago

Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by

julia-pushkina [17]

Answer:

$125,000

Explanation:

Particulars Amount

Sales revenue $115,000

Add: Accounts receivable decrease $10,000

Cash Receipt from customers $125,000

The sales revenue adjusted to a cash basis for the year is $125,000.

4 0

2 years ago

Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr

Ludmilka [50]

Answer:

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

Explanation:

Rules:

Debit side:

Increase in asset

Increase in expense

Decrease in liability

Decrease in equity

Decrease in income or sales

Credit side:

Decrease in asset

Decrease in expense

Increase in liability

Increase in equity

Increase in income or sales

May 24

Dr Retained earnings $1,500

Cr Cash $1,500

Being cash dividend paid to shareholders.

October 11

Dr Advertising Expense $1,000

Cr Cash $1,000

Being cash payment for monthly advertising expenses.

8 0

3 years ago

In order to provide more complete information, u.s. gaap allows that any significant noncash investing and financing activities

vampirchik [111]

It is reported as foot notes in cashflow statement or in the notes of financial statements.

When an income statement is converted to cash flows from operational operations, noncash items like as depreciation and nonoperating profits and losses are not included. Non-cash investing and financing entails making an investment or purchase using financial instruments other than cash.

The Generally Accepted Accounting Principles (GAAP) are a collection of generally observed financial reporting accounting standards and regulations. The four main constraints of GAAP are objectivity, the materiality, the consistency, and the prudence.

Companies are required by both IFRS and US GAAP to declare any substantial non-cash investment and financing operations, either as a footnote at the bottom of the statement of the cash flows or in notes to the financial statements.

Therefore, the answer is the bottom of the statement of the cash flows or in the notes to financial statements.

To know more about U.S Gaap click here:

brainly.com/question/17327177

#SPJ4

6 0

1 year ago

An unstable government is one that __________.

taurus [48]

Answer:

Explanation:

An unstable government is one that changes hand frequently.

When something is said to be unstable, it means that thing keeps fluctuating from one situation, value, or condition to another.

An unstable government is one in which those at the elms of affairs keep changing at frequent intervals. With each new administrator comes new policies. Hence, there are inconsistencies in policy formulation.

Correct option: C

5 0

2 years ago

Read 2 more answers