Answer: 16.9697%
Explanation:
Sales = $165 million
Assets in beginning of year = $280 million
Assets return on start of the year = 10%
Operating Profit = 28
= 16.9697%
Answer:
Explanation:
First of all we will perpare the T-Accounts for the identification of shares issued and dividend paid during the year as follows :
Share Capital And premium Account
Opening Balance -105000
Closing Balance 164000
Shares Issued 59000
Retained Earnings
Opening Balnce 376750
Net Income During the Year 96100
Closing Balance -455490
Dividend Paid Balancing figure 17360
Now We will Draft the inancing section of the statement of cash flows.
<u>Cash flow from investing Activities</u>
Issuance of shares 59000
Dividend Paid -17360
Net cash from finance activity 41640
Answer:
I don't know
Explanation:
Do I really need a explanation? 0~0
Answer:TRUE
Explanation:COERCIVE FORCE is a force applied to a person or a group of persons in order to make them carry out an involuntary action or actions. It is used by employers of labor in order to mandate their employees to carry out certain activities. All Employees are required by their employers to obey the rules and regulations guiding the establishment even when it is not based on the interest of the employees.
Answer and Explanation:
The computation is shown below:
1.
Direct Material Price Variance = Actual material cost - Actual Quantity × Standard Price
For Silver
= $13848 - 577 × 23
= $577 (U)
For Crystal
= $2926 - 7700 × 0.40
= $154 (F)
Direct Material Quantity Variance = (Actual Quantity - Standard Quantity) × Standard Price
For Silver
= (577 - 1530 × 0.40) × 23
= $805 (F)
For Crystal
= (7700 - 1530 × 5) × 0.40
= $20 (U)
2.
Direct Labor Rate Variance = Actual Cost - Actual Hours × Standard Rate
= $36915 - 3210 × 12
= $1605 (F)
And,
Direct Labor efficiency Variance = (Actual hours - Standard hours) × Standard Rate
= (3210 - 1530 × 2) × 12
= $1800 (U)
