Answer:
8,955 units
Explanation:
Given that,
Sales in July = 9,500
Sales in August = 10,200
Sales in September = 6,050
Ending finished goods inventory = 30% of the next month's sale
Budgeted production units for August:
= Sales + Closing inventory - Opening inventory
= Sales + (30% of September sales) - (30% of August sales)
= 10,200 + (0.3 × 6,050) - (0.3 × 10,200)
= 10,200 + 1,815 - $3,060
= 8,955 units
Answer:
$784,700
Explanation:
Data provided
Revenue from sales = $762,000
Decrease in accounts receivables = $22,700
The computation of cash received from customers is shown below:-
Cash receipts from customers = Revenue from sales + Decrease in accounts receivables
= $762,000 + $22,700
= $784,700
Therefore for computing the cash received from customers we simply applied the above formula.
Answer:
Total variation= $363 favorable
Explanation:
Giving the following information:
Sheridan Company’s standard labor cost per unit of output is $33.00 (3.00 hours x $11.00 per hour). During August, the company incurs 2,970 hours of direct labor at an hourly cost of $12.10 per hour in making 1,100 units of finished product.
Direct labor efficiency variance= (SQ - AQ)*standard rate
Direct labor efficiency variance= (3,300 - 2,970)*11= 3,630 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (11 - 12.1)*2,970= 3,267 unfavorable
Total variation= 363 favorable
Answer:
No
Explanation:
This is not unethical because it is a common and acceptable practice among many reputable public companies in the United States to adjust their account statements according to their objectives.
Remember, every organisation had a right to decide It's accounting methods.
In this scenario, what both parties hope to achieve is to build up confidence from potential investors.
Answer:
d
Explanation:
All of these can be useful when taking a test. you should always make a study guide, talk to the teacher, And practice the questions that could be on the test.
