Answer:
The correct answer is letter "D": direct materials prices are controlled by the purchasing department and quantity used is controlled by the production department.
Explanation:
Standard price is the estimated price direct materials could have at the moment of ordering a purchase. Standard quantity refers to the forecasted number of units necessary for the production process of the firm. The two of them are separated to allocate each one to the department in charge of their providing accurate measures: <em>standard prices are set by the purchasing department while the standard quantity is estimated by the production department.
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The efficiency of standard price and quantity relies on the purchasing and production departments separately.
Answer:
The economic cost for Debbie is 6,200 after considering the implicit cost.
Explanation:
The economic cost for Debbie's will be the explicit cost and opportunity cost of the best rejected opportunity.
Explicit cost: 2,200 print and develop
Opportunity Cost: 4,000 normal wedding revenue
Total Cost: 6,200
Answer: $79.30
Explanation:
Cost of the house = $96400
Down payment = 25% × $96400 = $24100
Mortgage = $96400 - $24100 = $72300
Interest = 5.5%
Time = 5 years
Monthly payment.= $410.66
The interest for first payment will be:
= $72300 × 5.5% × 1/12
= $72300 × 0.055 × 0.08333
= $331.36
Therefore, the amount of the first monthly payment is used to reduce the principal will be:
= $410.66 - $331.36
= $79.30
Answer:
$ 5,937.00
Explanation:
The credit to retained earnings in the year would be the net income for the year which is computed as sales and rent revenue added together minus salaries and wages expense,depreciation expense , utilities expense recorded in the year.
Net income=$13,108+$2,756-$6,639-$1,610-$1,678=$ 5,937.00
All in all,the credit to retained earnings would be $ 5,937.00
The net income is the amount by which the overall retained earnings would increase in the current year
Answer:
According to Colorado Real Estate Commission Rule E-4 and E-5, copies that are exceptions to the rule include; notes, mortgages, deeds and trust deeds.
Furthermore, settlement sheets, listings, and any other document that it is required for the parties to impend their signatures, have to be retained for a period of four years even after closing a transaction or a contract.
Explanation:
