Answer:
The begining cash balance = $4100
Explanation:
Given:
Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.
<u>To find out the cash balance at the begining of the month, the following is to be used </u>
Begining Cash balance = Ending cash balance + cash disbursements - cash receipts
Putting the given figures in this we get,
Begining Cash balance = $2600 + $9400 - $7900
= $4100
Answer: direct and indirect
Explanation:
Right on Plato
Answer:
$1.5 per pound
Explanation:
The computation of the material price variance is shown below:
Material price variance = Actual Quantity × Actual Price - Actual Quantity × Standard Price
$5,000 = 10,000 pounds × $2 - 10,000 pounds × Standard price
$5,000 = $20,000 - 10,000 pounds × Standard price
So, the standard price would be
= $15,000 ÷ 10,000 pounds
= $1.5 per pound
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