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3 years ago

Which of the following could have caused the variance

1 answer:

8 0

When computing Standard cost variance The difference between actual And Standard price multiplied by actual quality yields.

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Preston has to make four phone calls to clients today. The call to Mr. Miller will take about an hour to complete, the call to M

MrRissso [65]

Answer:

Preston has to make four phone calls to clients today. The call to Mr. Miller will take about an hour to complete, the call to Ms. Winnecuit will take about five minutes to complete, the call to Mr. Drudge will take about thirty minutes and the call to Mrs. Freich will take about fifteen minutes to complete. If all the calls are equally important, who should Preston call first?

From the analogy above, in order to maximize the time frame. The call to lesser clients should be prioritized before others, this means that Preston should place a call to Ms Winnecuit which will last for five minutes follow by Mrs Freich which will last for fifteen minutes follow by Mr Drudge which will last for thirty minutes and lastly to Mr Miller which will last for about an hour.

Prioritization comes in play to time frame of each call, the lesser minutes calls will not take too much time to be completed while the call with highest time frame comes last as a result of the time involved.

Explanation:

6 0

3 years ago

Read 2 more answers

8. Allen took out a three-year, 8%, $100,000 loan on March 31, 2021. Interest is due upon maturity of the loan. How much interes

Oksi-84 [34.3K]

Answer:

Debit Interest Expense and credit Interest Payable for $6,000.

Explanation:

$100,000 × 8% × 9/12 = $6,000.

3 0

1 year ago

67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your company rat

marishachu [46]

Answer:

The company was rated 5 stars more by Men

Explanation:

Given that

General population = 67/350

Men = 40/175

In checking the percentage ratio, we have

a. General population

= (67/350) × 100

= 19.14%

b. Men population

= (40/175) × 100

= 22.85%

Thus, seeing that 22.85% > 19.14%, therefore, company was rated 5 stars more among the men population.

5 0

2 years ago

Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wil

DerKrebs [107]

Answer: an externality, market failure

Explanation:

Externality, simply refers to the gains and the costs that a third party gets due to the productivity or consumption activities of an individual or firm. In the above question, a negative externality occurs as the production of the firm has a negative effect on wildlife and the people living in the area.

In this case, the externality results in market failure which is due to the inefficiency with regards to the distribution of the goods in the free market.

7 0

3 years ago

g Knowledge Check 03 Vineyard Corporation, a manufacturer of fine wines, began the year with 20,000 bottles in inventory. The co

OlgaM077 [116]

Answer:

195,000 bottles

Explanation:

Given that,

Beginning inventory = 20,000 bottles

Budgeted sales for the four quarters:

Quarter 1 = 200,000 bottles

Quarter 2 = 150,000 bottles

Quarter 3 = 250,000 bottles

Quarter 4 = 400,000 bottles

Ending inventory = 10% of the subsequent quarter's sales

Production:

= Ending inventory + Sales - Beginning inventory

= (150,000 × 10) + 200,000 - 20,000

= 195,000 bottles

Therefore, the production needs for the first quarter is 195,000 bottles.

6 0

3 years ago