Answer:
A.No entry is required
B.No entry is required
C.No entry is required
D.No entry is required
Explanation:
The Edward City Council
1. Record the journal entries for November 1, Year 1, if any.
No Entry Required
2. Record the journal entries for November 30, Year 1, if any.
No Entry Required
3. Record the journal entries for December 1, Year 1, if any.
No Entry Required
4. Record the journal entries for January 1, Year 2, if any.
No Entry Required
Answer:
the variable overhead efficiency variance is $1,840 unfavorable
Explanation:
The computation of the variable overhead efficiency variance is shown below:
= Standard variable overhead rate × (standard hours - actual hours)
= $4.60 × (10,600 - 11,000)
= $1,840 unfavorable
Hence, the variable overhead efficiency variance is $1,840 unfavorable
As the standard hours would be less than the actual hours so it would be unfavorable variance
Answer:
<em>Explained below !</em>
Explanation:
<em>The major cause for the failure of the product was</em> its absence of a product protocol that directly explains the way through which it will satisfy the customers needs and wants.
The company should have re-checked the product before it was globalized all over, the mistake that was made by the company stood up as a reason of the products failure.
Answer:
1. Accept deposits;make loan;deposits.
2. Commercial banks, savings banks, savings and loan associations (thrifts), and credit unions.
Explanation:
Depository institutions are required to accept deposits and make loans although the general terms used to describe these financial products may vary across the various types of institutions. Non-depository institutions, in contrast, accept cash contributions from their customers, but the cash inflows are not called deposits instead, they're called shares or premiums.
Depository institutions include commercial banks, savings banks, savings and loan associations (thrifts), and credit unions.
Non-depository financial institutions include mortgage banks, pension funds, insurance companies, mutual fund, securities firms etc.
