Answer:
B) $ 1,614
Explanation:
Given the information
Production= 3,350 units
Direct labor cost= $159,786
Direct labor hours= 13,450
=> rate per hour = $159,786 / 13,450 = $11.88
4 direct labor-hours for 1 unit
$12.00 per direct labor-hour
Budgeted production : 3,350 + 150 = 3500 units
=> The labor rate variance for the month was:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
= ($12.00 - $11.88 )*13,450
= 1614
We choose B
<span>According to the heckscher-ohlin theorem, trade arises are due to </span><span> Differences in relative factor endowments and intensities.
</span><span> Differences in relative factor endowments and intensities will create a different in prices between one nation and another. This difference will create a leverage for each nation to trade with one another in order to use their resource more efficiently.</span>
Beginning balance 750
Add supplies purchase 900
Less supplies used 1125
Supplies on hand at the end of february is
750+900−1,125=525...answer
Hope it helps!
NExplanation: Subscirbe my ninjas
Answer:
d. Net income is overstated and assets are overstated
Explanation:
The journal entry to record the depreciation expense is shown below:
Depreciation expense A/c Dr
To Accumulated depreciation A/c
(Being the depreciation expense is recorded)
But if depreciation is failed to record, then the net income is overstated and assets are overstated as the accumulated depreciation decrease the cash balance and The net income overstated represents the understated in an expense account