1) Always maintain a book for accounts or maintain an app regarding to track your expenses
2) keep an accountant to track his expenses
True
Return to investment: margin+turnover
Margin-net operating income/ sales
Turnover-sales/average operating assets.
Answer:
Land not currently used in operations - Long-term investments
Notes payable (due in five years) - Long-term liabilities
Accounts receivable - Current assets
Trademarks - Intangible assets
Accounts payable - Current liabilities
Store equipment - Plant assets
Wages payable - Current Liabilities
Cash - Current assets
Answer:
See below
Explanation:
The below shows the calculation of variance
Budgeted direct labor (per unit) 0.60
Units 2,000
Budgeted direct total labor (hrs) 1,200
Actual hours 1,160
Standard rate $17
Direct labor efficiency variance
The direct labor efficiency variance
= (Budgeted hours - Actual hours) × Standard rate
= (1,200 - 1,160) × $18
= $720 favourable
Answer:
4*0.07=energy use per day(x)
(x)*30=energy use in thirty days (y)
Therefore
X=$0.28
Y=$8.4
Explanation: