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3 years ago

The procedure that best discourages the resubmission of vendor invoices after they have been paid is

Business

1 answer:

Katena32 [7]3 years ago

4 0

Answer:

The cancellation of vouchers by treasurer personnel

Explanation:

When a business uses vendors for some of its service needs there is the possibility of paying vendors twice for the same service of invoice is submitted twice.

The treasurer is the person that disbursed funds to vendors for services rendered. He is tasked with cross checking if payments are duplicated.

To avoid this it is best to have the treasurer personnel cancel vouchers that have been paid.

This will provide an effective check on duplicate payments.

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Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

Arturiano [62]

Answer and Explanation:

The computation is shown below:

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)

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)

6 0

3 years ago

What type of stores rely on their large size and very deep selection to try to dominate the market?

andrew-mc [135]

Power retailers are the stores that rely on their large size and very deep selection to try to dominate the market.
Specialty stores are small, so you can eliminate that option immediately. Department stores are usually found within another store, so that's not correct too. Discounters don't have a very deep selection, they usually sell a lot of various things. Anchor stores are found within malls, so that's incorrect too.

8 0

3 years ago

ValentinkaMS [17]

Answer:

B.enables production to be ahead of demand.

Explanation:

One of the benefits of a wholesale warehouse in the chain of distribution is that it enables production to be ahead of demand.

A warehouse generally represents a large house where goods/products are kept prior to their distribution for sale.

The use of a warehouse offers several advantages to producers. These include:

adequate protection and preservation of products
regular flow of goods irrespective of their period of production
continuity in the production process in order to stay ahead of market demand
easy handling of products
etc.

Hence, the correct option is B.

4 0

3 years ago

On the morning of July 15, 2006, fourteen school buses were vandalized. The buses, property of Walt Whitman Middle School, were

Fofino [41]

Answer:

B. the lack of discipline of Edgar Allan Poe Academy students

Explanation:

3 0

3 years ago

Read 2 more answers

Operating data for Swifty Corporation are presented below. 2022 2021Sales revenue $830,700 $634,900 Cost of goods sold 529,000 4

Anastaziya [24]

Answer and Explanation:

The preparation of the vertical analysis is presented below:

Particulars Amount % Amount %

Sales $830,700 100 $634,900 100

Less:

Cost of goods sold $529,000 63.7 $415,000 65.4

Gross Profit $301,700 36.3 $219,900 34.5

Less:

Selling Expenses $124,700 15.0 $73,600 11.6

administrative expenses $78,800 9.5 $53,900 8.5

Total Operating

expenses $203,500 24.5 $127,500 20.9

Income before

income taxes $98,200 11.8 $92,400 14.5

Less:

Income tax expenses $33,500 4.0 $23,400 3.7

Net Income $64,700 7.8 $69,000 10.8

Working note

The percentage is like

= Items value ÷ sales × 100

Like for cost of goods sold

= $529,000 ÷ $830,700 × 100

= 63.68%

It is same applicable for other items also

7 0

3 years ago