TRUE OR FALSE<br> adding more employees will always lead to more productions.<br><br> True or false

Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, Year 1 for $100,000. During Year 1, Polk earned $40,000 and pa

KiRa [710]

Answer:

$7,500

Explanation:

Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, Year 1 for $100,000.

During Year 1, Polk earned $40,000 and paid dividends of $25,000.

Therefore Lee's dividend income = 0.3 x 25,000 = $7,500

Before income taxes, the amount that Lee should include in its Year 1 Income Statement as a result of the investment will be the dividend earned in year 1 which is $7,500

5 0

3 years ago

Why are indexing rules important when filing names alphabetically? (Obj. 1)

almond37 [142]

Answer:

Why are indexing rules important when filing names alphabetically? ... Written rules provide a guide to a filer for determining the indexing units consistently. If filing is performed consistently and fast, accurate retrieval is more likely in an alphabetic file

Explanation:

hope this helps!!

6 0

2 years ago

A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its suga

Fiesta28 [93]

Answer:

Consumer activism

Explanation:

From the question we are informed about A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. In this scenario, the cause of the is Consumer activism. Consumer activism can be regarded as process whereby activists stand and seek to influence the process and ways that producers use in production and delivering of goods or services. Definition by Kozinets and Handelman explained it as any social movement that is been raised as society's drive as regards consumption and to detriment of business interests.

5 0

3 years ago

1. Albertville has budgeted fixed overhead of $67,500 based on budgeted production of 4,500 units. During July, 4,700 units were

iren [92.7K]

Answer:

A. (a) 3,900 (unfavorable).

B. (d) 3,000 (favorable).

C. (c) 10,525 (favorable).

Explanation:

Requirement A

We know,

Fixed overhead spending variance = (Budgeted fixed overhead - Actual fixed overhead)

Given,

Budgeted fixed overhead = $67,500

Actual fixed overhead = $71,400

Putting the values into the formula, we can get

Fixed overhead spending variance = (Budgeted fixed overhead - Actual fixed overhead)

Or, Fixed overhead spending variance = ($67,500 - $71,400)

Or, Fixed overhead spending variance = -3,900

Therefore, Fixed overhead spending variance = 3,900 (unfavorable).

Since Budgeted fixed overhead is less than Actual fixed overhead, the situation is unfavorable.

So option A is the answer.

Requirement B

We know,

Fixed overhead volume variance = (Standard units - Budgeted units) × Standard fixed overhead rate.

Given,

Standard units = 4,700 units

Budgeted units = 4,500 units

Standard fixed overhead rate = $67,500 ÷ 4,500

Standard fixed overhead rate = $15

Putting the values into the formula, we can get

Fixed overhead volume variance = (4,700 - 4,500) × $15

Or, Fixed overhead volume variance = 200 × $15

Or, Fixed overhead volume variance = 3,000

Therefore, Fixed overhead volume variance = 3,000 (favorable)

Since budgeted fixed volume is higher than Actual fixed volume, the situation is favorable.

So option D is the answer.

Requirement C

We know,

Direct labor rate variance = (Standard rate - Actual rate) × Actual hour

Given,

Standard rate = $22.50

Actual rate = $189,500 ÷ 8,890 = 21.3161

Actual hour = 8,890

Putting the values into the formula, we can get

Direct labor rate variance = ($22.50 - 21.3161) × 8,890

Or, Direct labor rate variance = 1.1839 × 8,890

Or, Direct labor rate variance = 10,525

Therefore, Direct labor rate variance = 10,525 (favorable).

Since direct labor rate is higher than Actual labor rate, the situation is favorable.

So option C is the answer.

3 0

4 years ago

Which of the following items would MOST likely be enforced by the forced sale of a property?

Murrr4er [49]

A property is a belong of any person. The items would most likely be enforced by the forced sale of a property is judgment.

<h3>How are judgments been enforced? </h3>

In terms of wages, a judgment creditor uses authorization from the court in a document. Due to this authorization, the judgment creditor directs the police to seize a portion of your wages. The police, in turn, notifies the person involved.

This is the same when it comes to property. A judgement by a court often stands in the sales of any property.

Learn more about Property from

brainly.com/question/26136315

4 0

3 years ago

TRUE OR FALSE adding more employees will always lead to more productions. True or false