Answer:
$3,600 unfavorable
Explanation:
Given:
Standard material price = $9 per square foot
Actual material price = $9.2 per square foot
Standard material = 3 square feet
Standard material allowed = 1,000 × 3 = 3,000 square feet
Actual material used = 3,400 square feet
Direct material quantity variance = (Standard material allowed - Actual) × Standard price per unit
= (3000 - 3400) × 9
= $3,600 unfavorable
Actual material used is more than standard material allowed, so variance is unfavorable.
Answer: Classification
Explanation:
Accrued revenue
1. Fees earned but not yet received
Accrued Expense
These are expenses that have been incurred but not yet paid for in the current accounting period.
1. Salary owed but not yet paid.
2. Taxes owed but payable in the following period.
3. Utilities owed but not yet paid.
Unearned Revenue
This represents income received before it is earned and they represent a liability to the receiver.
1. Fees received but not yet earned.
2. Subscriptions received in advance by a magazine publisher.
Prepaid Expense
They are expenses paid in advance
1. A two year premium plan paid on insurance policy
2. Supplies on hand.
Answer is the threat of substitute products or services.
Rivalry among the existing competitors was not a significant factor in the BlackBerry's downfall because they were not able to produce any form of alternative to the iPhone, and the users switched from the BlackBerry phones to the iPhones. The danger of replacement products is one of the Porter's five factors, and it indicates that there are alternative items that are likely to steal the company's market share. The downfall of the BlackBerry was caused by the substitute product in the shape of the iPhone.
All of the other allegations are untrue because there were no new entrants and the suppliers threatened because they were unable to upgrade their product.
Therefore, (B) Threat of substitute products or services is the correct answer is the correct answer.
To know more about porter five forces analysis click here:
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Answer:
a) Future Value = $530
b) Future Value = $561.8
c) Present Value =$566.037
d) Present Value =$533.99
Explanation:
FV = PV × (1+r)^n
FV -future Value , r- interest rate,n- number of years , PV-present Value
FV = 500 ×(1.06)^1 =
Future Value = $530
b
FV = 500 × 1.06^2 =
Future Value = $561.8
c) Present Value
PV = FV × (1+r)^(-n)
PV = 600 ×1.06^(-1)=566.037
Present Value =$566.037
d)
PV = FV × (1+r)^(-n)
FV -future Value , r- interest rate,n- number of years , PV-present Value
PV = 600 ×1.06^(-2) = 533.99
Present Value =$533.99
a) Future Value = $530
b) Future Value = $561.8
c) Present Value =$566.037
d) Present Value =$533.99
The answer is A and dats a fact
