Answer: $721 Unfavorable
Explanation:
The following can be deduced from the question:
Actual hours = 3690 hours
Standard hours = 3620 hours
Standard rate per hour = ($14000 + $27200) / 4000
= $41200 / 4000
= $10.30 per hour
Therefore, the overall variable overhead efficiency variance for the month is calculated as:
= (Actual Hours - Standard Hours) × Standard rate per hour
= (3690 - 3620) × $10.30
= 70 × $10.30
= $721 Unfavorable
Answer:
There are certain key points that a service provider should always keep in mind while communicating with their customers. Those points are explained in the below mentioned explanation part of the answer.
Explanation:
- Create the best first impression with their customers by greeting them with great lines.
- Always stay polite and kind throughout the conversation.
- Listen patiently and address each of their doubts in an easy and understandable way possible.
- Do not waste time in any sort of random gossip as that might irritate the customers.
- Most importantly always stay positive throughout the conversation as this might create a great impact.
Answer:
A. ($1,000).
Explanation:
In the question, it is given that the fair market value of the land is $49,000 and the selling value is $48,000. So, in the given situation the selling value of the land is less than the fair market value which reflect the loss of $1,000
The $1,000 is come by subtracting the selling value and the fair market value
All other information is not relevant for the computation part. Hence, ignored it
Answer:
<u>wholesalers, distributors and manufacturers</u>.
Explanation:
The <u>wholesalers, distributors, and manufacturers</u> trade goods or services to consumers, which then resell or utilize them for trading persistence. Resellers purchase goods in a large amount from other companies such as wholesalers, distributors, and manufacturers. Later they trade the singular factors to purchasers, at a favorable cost. Thou won’t gain enough hype throughout reselling. That’s the conventional method of retailing, which we distinguish from most utmost huge mall storehouses autonomous independent online stores.
Answer:
Expense must be recognized in July
Explanation:
The reason is that the expense must be recognized in the month in which the supplies are used because the accrual concept says that the expenses must be realized when they are incurred. Incurred means that the consideration received has been used. For example if I pay the telecommunication network in June to give 4G internet and the services are delivered in the month July then the expenses will be realized in the month in which the services were used and that is July for internet facilities. So in this case the supplies are used in the month of July which is in-accordance with the accrual concept.
