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4 years ago

The sample exception rate equals

Business

1 answer:

I am Lyosha [343]4 years ago

3 0

Answer:

B. The number of exceptions in the sample divided by the sample size.

Explanation:

Is a statistical test to know the number of exceptions in a sample. An exception is an observation that deviates from the tested characteristic. Auditors use this test to know if the sampling process was appropriate. Other tests used to know if the sampling process was appropriate are: acceptable risk of assessing control, estimated population exception rate and tolerable exception rate.

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The standard number of hours that should have been worked for the output attained is 10,000 direct labor hours and the actual nu

siniylev [52]

Answer:

The correct answer is $13 per direct labor hour

Explanation:

Giving the following information:

Actual hours= 10,500.

Direct labor price variance= $10,500 unfavorable

Standard rate= $12 per direct labor hour

We need to use the direct labor rate variance formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

-10,500= (12 - actual rate)*10,500

-10,500= 126,000 - 10,500actual rate

-136,500/-10,500= actual rate

13= actual rate

$13 per direct labor hour

6 0

4 years ago

A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years. What is the amount

Alla [95]

Answer:

$18,750

Explanation:

The double declining method of depreciation (DDB) formula is:

DDB= 2 * Cost of the asset * Depreciation rate (DR)

DR= (1/useful life)*100

For this problem:

Value to depreciate: $75,000

DR= (1/4)*100= 25%

DEPRECIATION YEAR 1: DDB= 2 * $75,000*25%= $37,500

Machine´s value year 1: $75,000-$37,500= $37,500

DEPRECIATION YEAR 2: DDB= 2*37,500*25%= $18,750

4 0

3 years ago

Parent Corporation sells land (a capital asset) to Subsidiary Corporation in an intercompany transaction, realizing a $25,000 ga

vagabundo [1.1K]

Answer: The correct answer is d. None of the above is correct.

Explanation: The intercompany gain realized would be recognized in the parent company's financial statements while at the consolidated position, the gain will be eliminated. For the parent to have recognized a gain on the capital asset, that means the proceed from sale was more than the net book value of the asset. So, there is no consolidated taxable income as regards this gain.

The $50,000 gain will be recognized by the subsidiary since it was sold to a nonmember of the group. However, it will not be nil at the consolidated position because it is not an intercompany transaction.

3 0

4 years ago

What happens if The People do not know what they want, or are just plain ignorant?

AleksAgata [21]

Answer:

There dodo brains -_- obviously

Explanation:

8 0

3 years ago

In 2002, a Swedish home electrical appliance manufacturer decided to use the same advertising message wherever it advertised aro

ella [17]

Answer:

Global advertising

Explanation:

Global advertising -

It refers to the method of popularizing a specific goods or services to the whole world , is referred to as global advertising .

Only specific companies or business are able to advertise their products on the global platform and earn some profit .

The example are -

Microsoft , Coca cola , McDonald's etc .

Hence , from the given scenario of the question ,

The correct answer is Global advertising .

7 0

3 years ago