Answer:
Explanation:
Variable MOH rate variance = Actual Hours × (Actual Rate - Standard Rate)
= 4050 × ($7.50 - $4.50)
= 12150
Answer:
The land should be reported in the financial statements at $40,000
Explanation:
At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price
Since in the question, the land was purchased at $40,000 and moreover, it is assessed for the tax purpose for $27,000 and by other appraisers it was valued at $48,000 plus there is an offer of cash payment for $46,000
But at the time of recording, the balance sheet would show at the purchase price i.e $40,000
Answer:
The earnings after tax from the multi-step income statement is $37,350.00
Explanation:
In preparing the multi-step income statement , I began with revenue(cash and credit) as sales made on account is already earned, hence should be recorded.
Then deducted costs of goods sold from net sales to arrive at gross profit.
I went further to deduct operating expenses to compute earnings before tax.
Answer:
So bro what to do
Explanation:
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<span>the type of breakup this example represents is: sudden death
A sudden death breakup is a form of break up that seem to come out of nowhere without any form of build up.
The only reason this break up could happen is if the communication in that relationship is totally dead and they have no attachment toward one another</span>