Answer:![67500](https://tex.z-dn.net/?f=67500)
The right solution is "13,675 U".
Explanation:
According to the question,
The standard material cost will be:
= ![25000\times (\frac{90000}{30000} )\times 0.90](https://tex.z-dn.net/?f=25000%5Ctimes%20%28%5Cfrac%7B90000%7D%7B30000%7D%20%29%5Ctimes%200.90)
= ![25000\times 30000\times 0.90](https://tex.z-dn.net/?f=25000%5Ctimes%2030000%5Ctimes%200.90)
= ![67,500](https://tex.z-dn.net/?f=67%2C500)
The actual material cost will be:
= ![95500\times 0.85](https://tex.z-dn.net/?f=95500%5Ctimes%200.85)
= ![81,175](https://tex.z-dn.net/?f=81%2C175)
hence,
The total material price variance will be:
= ![Actual \ cost - Standard \ cost](https://tex.z-dn.net/?f=Actual%20%5C%20cost%20-%20Standard%20%5C%20cost)
= ![81175-67500](https://tex.z-dn.net/?f=81175-67500)
= $
(Unfavorable)
<span>The unique things that would separate me from other applicants applying for this job are the ff: (1) i do not care of the compensation but more on the learning i can gather at the end of the day; (2) it has always been my passion to the job; and (3) i want to share my skills and talents to the company as well.</span>
Childcare director childhood
clinical psychologist training
concierge ph.d.
cosmetology school and state
Answer:
A. gives a reasonably correct statement of receivables in the balance sheet.
Explanation:
- As bad debts are related to the companies current assets that are receivables and are also referred to as the uncontrollable expenses and results for the nonpayment of the delivered good and the services
- Hence the correct method to show this is through the balance sheets clarify on the amounts of the outstanding accounts receivables and payment made.
Answer:
A) Allowance method of accounting bad debts
Explanation:
Based on the allowance method, the bad debts should be calculated on either credit sales i.e. income statement method or receivable aging method i.e. balance sheet method. Also, the account receivable should be recognized at net realizable value
Therefore the allowance method of accounting bad debts is an answer