Answer:
The company will have to pay $5,100 per employee in separation costs if these exit interviews are implemented next year
Explanation:
Data provided in the question:
Percentage downsize in the workforce = 15% = 0.15
Cost of exit interviews = $100
Normal separation cost = $5,000
Now,
Total separation cost per employee = Cost of exit interviews + Normal separation cost
= $100 + $5,000
= $5,100
Therefore,
The company will have to pay $5,100 per employee in separation costs if these exit interviews are implemented next year
Answer:
Total materials variance = (Actual quantity * Actual price) - (Standard quantity * Standard price)
= 2,850 - (230 * 14.4)
= 462 (Favourable)
Materials price variance = (Standard price - Actual price) * Actual quantity
= [1.8 - (2,850/1,500)] * 1,500
= 150 Unfavourable
Materials quantity variance = (Standard quantity - Actual quantity) * Standard price
= [(230 * 8) - 1,500] * 1.8
= 612 Favourable
Total labour variance = (Actual hours * Actual rate) - (Standard hours * Standard rate)
= 19,458 - (230 * 84)
= 138 Unfavourable
Labour price variance = (Standard rate - Actual rate) * Actual hours
= [14 - (19,458/1,410)] * 1,410
= 282 Favourable
Labour quantity variance = (Standard hours - Actual hours) * Standard rate
= [(230 * 6) - 1,410] * 14
= 420 Unfavourable
Answer:
D. $65 million
Explanation:
The computation of the end of year balance for accounts receivable is shown below:
Cash flows from operating activities $226
net income $150
Add: depreciation $85
Less: increase in inventory -$14
Add: increase in wages and taxes $15
Add: increase in account payable $10
Total $246
Change in account receivable -$20
Opening account receivable $45
Ending account receivable $65
