Answer:
FIFO ending inventory 300 dollars
LIFO ending ivnentory 200 dollars
Explanation:
May-1 Inventory 30 units at $8 $ 240
15 Purchases 25 units at $11 $ 275
24 Purchases 35 units at $12 $ 420
Total good available 90 units for a value of $935
We sale 65 units therefore, 25 units remains in our ending inventory.
FIFO will sale the first units leading the newest for inventory
So May 24th would be our ending inventory:
25 units x $12 = $300
LIFO will sale the newest and leave the oldest as inventory.
May 1st units are still at inventory according to LIFO
25 units x $8 = $200
Answer:
$78,750 unfavorable
Explanation:
Total labor variance can be divided into direct labor efficiency variance and the direct labor rate variance
Direct labor efficiency variance (DLEV):
DLEV = (Expected labor hours - actual labor hours)*standard rate
Direct labor rate variance (DLRV):
DLRV = Actual labor hours * (Standard Rate - Actual Rate)
Since both values are negative, they are both unfavorable and the total labor variance (TLV) is given by:
The average interest on a payday loan is high, roughly 350-450% is added on to the price of the original loan. These loans are typically two week loans, so a person can expect to have around $25 in interest added to every $100 they borrow. These loans are expense to be using on a continuous basis.
Answer:
The choose D.All of the above
I hope I helped you^_^
