Wouldn't it be available credit line because that =5,ooo$ and you were asking what the principle was so i think it's available credit line.
Hope I helped :)
Answer:
$750 Unfavorable
Explanation:
The calculation of variable overhead efficiency variance is shown below:-
Variable overhead efficiency variance = (Actual direct labor hours - Standard hours allowed) × (Variable factory overhead ÷ Factory overhead rate)
= (10,000 hours - 9,500 hours) × ($18000 ÷ 12000)
= 500 hours × $1.5
= $750 Unfavorable
Therefore for computing the variable overhead efficiency variance we simply applied the above formula.
Answer:
Every organization needs records of its activities to find the cause of problems and proper solutions. Information systems come in handy when it comes to storing operational data, communication records, documents, and revision histories. Manual data storage will cost the company lots of time, especially when it comes to searching for specific data.
Explanation:
<span>decrease in price of a substitute.
increase in price of a complement.
decrease in consumer income if the good is a normal good.</span>
Answer:
Credit the buyer $347.22, debit the seller $347.22
Explanation:
The journal entry is shown below:
Seller Dr $347.22
To Buyer $347.22
(Being the entry is recorded)
The computation is shown below:
We assume the starting month is from January to May 5
So the total number of days calculated till May 5 is
= 31 days in January + 28 days in February + 31 days in March + 30 days in April + 5 days in May
= 125 days
Now the amount is
= $1,000 × 125 days ÷ 360 days
= $347.22