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4 years ago

When analyzing a transaction, what are the four questions you ask yourself?

1 answer:

ioda4 years ago

6 0

Which Accounts are Affected? Which Account Category is Affected? What is the Account Balance? Does the Account Increase or Decrease? Do the Debits and Credits Balance?

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Yoo need help ? Can anyone help me or lead me to where I can get good micro help

Valentin [98]

Answer:

Check the difference between each two / each pair if buyer and seller.

(note that the surplus could be split between them, making it effectively a win-win-scenario. but it could also be extremely good for one of them, yet just at the limit for the other one)

a) $11

b) $8

c) $6

d) add every max. buying price up ($64) and do the same with all the minimum selling prices ($33)

the difference between these two is your answer: $31

5 0

3 years ago

Which feature helps businesses address customer grievances?

SashulF [63]

C. interactive voice response

5 0

3 years ago

Read 2 more answers

Type the correct answer in the box. Spell all words correctly.

Artist 52 [7]

Answer:

Quality risk

Explanation:

Quality risk is a risk that emerges out of failure to meet quality goals for a particular product, service or business practice.

8 0

4 years ago

One of the largest expense categories for most businesses is:__________A) advertisingB) research and developmentC) payrollD) pro

bogdanovich [222]

Answer:

C) payroll.

Explanation:

Expenses can be defined as the amount of cost that is being incurred in the generation of revenue and smooth operations or running of a business by an organization or business firm. There are basically two (2) types of expenses associated with business and these are; operating and non-operating expenses.

One of the largest expense categories for most businesses is payroll. A payroll can be defined as a comprehensive list of employees working for an organization and are eligible to receive wages, as well as the amount of money that they are entitled to receive. It constitutes about 70% of an organization's total expense or overhead.

7 0

4 years ago

You have recently accepted a position with Vitex, Inc., the manufacturer of a popular consumer product. During your first week o

brilliants [131]

Answer and Explanation:

According to the scenario, computation of the given data are as follows:-

1. Standard Quantity for Actual Output is

= $574600 ÷ $16.90

= 34000 Pounds

Actual Output = $34000 ÷ 2 = $17000

Unit Produced = 17,000 Units

2.Material Efficiency Variance is

= (Actual Quantity - Standard Quantity) × Standard Price

33,800 = (Actual Quantity - 34,000) ×$16.90

33800 ÷ $16.90 = Actual Quantity - $34,000

2000 = Actual Quantity - 34,000

Actual Quantity = 34,000 + 2000

= 36,000 Pounds

3.Material Rate Variance is

= (Actual Price - Standard Price) × Actual Quantity

$10,440 = (Actual Price - $16.90) × 36,000

$10440 ÷ 36000 = Actual Price - $16.90

-0.29+$16.90 = Actual Price

Actual Price = $16.61

4. Labor Efficiency Variance is

= (Actual Hour - Standard Hours) × Standard Rate

15500 = (Actual Hour - 263500 ÷ $15.50) × 15.50

15500 ÷ $15.50 = (Actual Hour - 17,000)

1000 + 17000 = Actual Hour

Actual Hour = 18,000

5. Labor Rate Variance is

= (Actual Rate - Standard Rate) × Actual Hours

$3600 = ( Actual Rate - $15.50) × 18000

$3600 ÷ 18000 = Actual Rate - $15.50

$0.2 + $15.50 = Actual Rate

Actual Rate = $15.70

We simply applied the above formulas

8 0

4 years ago