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3 years ago

Campbell Clothing produces men's ties. The following budgeted and actual amounts are for 2016:

Business

1 answer:

Elina [12.6K]3 years ago

6 0

Answer:

Campbell Clothing

Manufacturing Performance budget Report

For the year ended December 31, 2016

Budget Actual Difference

Direct materials $69,600 $71,000 $1,400 U

Direct labor $87,600 $86,500 $500 F

Equipment depreciation $5,000 $5,000 $0 Nil

Indirect labor $8,700 $8,600 $100 F

Indirect materials $10,440 $9,600 $840 F

Rent and insurance $12,000 $13,000 $1000 U

Total Costs $192,740 $193,700 $960 U

Workings

<u>Planning budget</u>

Direct materials 60,000 * $12 = $69,600

Direct labor 75,000 * $15,000 = $87,600

Equipment depreciation 5,000

Indirect labor 7,500 * $1.50 = $8,700

Indirect materials 9,000 * $1.80 = $10,440

Rent and insurance $12,000

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The international monetary fund.

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In this scenario country B is unable to pay for goods bought from country A till it makes export. There is a problem of balance of trade. The IMF can help country B make the payment by borrowing it funds.

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3 years ago

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c.Corporate social responsibility (CSR)

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Based on the information provided within the question it can be said that Greensaver Corp's efforts are best described as Corporate social responsibility. This refers to the act of a company' charitable nature to contribute to societal goals. Which is exactly what Greensaver Corp is doing by installing saplings in parks and roadsides in order to combat pollution of nonrenewable resources for the good of the planet and society.

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3 years ago

Turnbull Co. has a target capital structure of 58% debt, 6% preferred stock, and 36% common equality. It has a before-tax cost o

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Raising the Funds through Retained Earnings

WACC = Ke(E/V) + Kp(P/V) + Kd(D/v)(1-T)

WACC = 14.7(0.36) + 12.2(0.06) + 11.1(0.58)(1-0.40)

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2 years ago

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Generally, a board member who is a source of information about a firm's day-to-day activities is classified as inside director

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learn more about board of directors refer:

brainly.com/question/28201050

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1 year ago