Answer: $17,000
Explanation:
Labour efficiency variance = Standard rate * (Standard hours - Actual hours )
Standard hours:
= Standard labor-hours allowed per unit * Number of units produced in period
= 3 * 15,000
= 45,000 hours
Labor efficiency variance = 17 * (45,000 - 44,000)
= $17,000 Favorable
<em>Favorable because the standard amount is higher than the actual amount. </em>
Answer:
stockholer's equity will be overstated by $800.
Explanation:
The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.
In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.
balance of supplies=$200+$950-$800=$350
Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350
Answer:
the answer is $ 300
Explanation:
because by subtracting 1,500 - 1,200 it gives us 250 and the only one who gives us a similar pressure is multiply (1,500) (. 20) it gives us 300
Answer:
A.
The output will rise by more than it did when the previous unit was added.
Explanation:
Answer:
Decrease her price by $20
Explanation:
Please see attachment for working notes and explanation
