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Svetllana [295]
3 years ago
12

If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must yo

u do to correct the problem?
Business
1 answer:
Oksi-84 [34.3K]3 years ago
8 0

Answer:

Investigate the production costs incurred and the mix and yield of the product

Explanation:

The Variance lies in the <em>Price/Cost</em> and <em>Usage</em>. Therefore to correct the problem, Investigate the <em>production costs incurred</em> and the <em>mix and yield of the product</em>.

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The answer is C because it’s decided by who owns the production.
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3 years ago
Can someone help pick 1, 2,or 3 ?
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Answer:

2no I think you are confused so

8 0
2 years ago
Buffalo National Corp. (BNC) is currently an all-equity firm worth $320 million with 50 million common shares outstanding. BNC p
balu736 [363]

Answer:

The solution as per the given problem is provided below throughout the explanation portion below.

Explanation:

The given values are:

Debt issued,

= 120

Pretax earnings,

= 80

Tax,

= 35%

All equity firm,

= $320

Number of common stock,

= 50

(a)

Balance sheet before the debt issue's announcement will be:

<u>Assets </u><u>                                 320</u>

<u>Debt   </u><u>                                    0</u>

<u>Equity  </u><u>                                 320</u>

then,

The total will be "320".

(b)

The per share price will be:

= \frac{Equity}{Number \ of \ common \ stock}

= \frac{320}{50}

= 6.40

or,

After tax, the net income will be:

= EBIT(1-t)

= 80(1-0.35)

= 80\times 0.65

= 52

(c)

The return on equity will be:

= \frac{Net \ income \ after \ taxes}{Value \ of \ equity}

= \frac{52}{320}

= 0.1625

or,

= 16.25 (%)

5 0
3 years ago
What contributions can a career management program make to an organization that is forced to downsize its operations?
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3 years ago
Questions of
jarptica [38.1K]

Preparation of Adjusting Entries on January 31 for Al Medina, D.D.S. is as follows:

Adjusting Journal Entries:

1. Debit Accounts Receivable $760

Credit Service Revenue $760

To record completed services not yet billed.

2. Debit Utility Expenses $450

Credit Utility Payable $450

To record unpaid utility expense for the month.

3. Debit Depreciation Expense $400

Credit Accumulated Depreciation $400

To record depreciation expense for the month.

3. Debit Interest Expense $500

Credit Interest Payable $500

To record interest expense for the month.

4. Debit Insurance Expense $2,000

Credit Prepaid Insurance $2,000

To record insurance expense for the month ($24,000/12).

5. Debit Supplies Expense $1,200

Credit Supplies $1,200

To record supplies expense for the month ($1,750 - $550)

Data Analysis:

Transactions at the end of January:

1. Accounts Receivable $760 Service Revenue $760

2. Utility Expenses $450 Utility Payable $450

3. Equipment $80,000 Cash $20,000 Notes Payable $60,000

3. Depreciation Expense $400 Accumulated Depreciation $400

3. Interest Expense $500 Interest Payable $500

4. Prepaid Insurance $24,000 Cash $24,000

4. Insurance Expense $2,000 Prepaid Insurance $2,000 ($24,000/12)

5. Supplies $1,750 Cash $1,750

5. Supplies Expense $1,200 Supplies $1,200 ($1,750 - $550)

Read more about recording adjusting journal entries at brainly.com/question/21306030

3 0
3 years ago
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