Answer:
Total Material cost = $507,000
Explanation:
Material budget shows the total budgeted material cost for a specific period.
Sleep master, inc.
Direct Material Budget
December 31, 2013
Budgeted production units 57,000
<u>yards required per comforter × 6</u>
Materials needed for production = 342,000 yards
<u>Add: Ending Material Inventory = 27,000 yards</u>
Total Material units required = 369,000 yards
<u>Less: Beginning Materials = (31,000) yards</u>
Material used = 338,000 yards
<u>Cost per yard × $1.50</u>
Total Material cost = $507,000
Answer:
b. deposits in transit
Explanation:
Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smooth manner.
There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.
The adjusting entry of interest earned is
Cash A/c Dr
To Interest income A/c
(Being interest is earned)
Likewise, for The fee for collection
Bank charges A/c
To Cash A/c
(Being fees is charged)
And for NSF check of customer, it would be
Account receivable A/c Dr
To Cash A/c
(Being the adjusting entry is made)
So, for this the adjusting entry is made but for Deposit in transit , no adjusting entry would be made.
Answer:
false
Explanation:
Price variances arise from a difference in the unit price per budget known as the standard price and the actual price (cost) incurred in the purchase.
Where the actual price paid for materials is higher than the standard price, the price variance is said to be unfavorable.
On the other hand, if the actual price of the materials is lower than the standard price, it is said to be a favorable price variance.
As such, If you spend less money (actual) on an item than you planned (standard) to spend, this is a favorable variance in your budget analysis.
The right answer is false.
A live presentation would be more effective, as it generates more direct communication with the audience, which can increase empathy and persuasion about the topic.
<h3 /><h3>How to create an effective presentation?</h3>
It is essential that the speaker prepares himself in advance, to build a consistent and reliable argument, which manages to retain the attention of the spectators.
The use of multimedia elements, such as demonstration videos and slides can be positive to engage the public and generate greater objectivity on the subject.
Therefore, it is essential that in a presentation, the speaker uses elements that help to reduce resistance, such as an explanation of the benefits of an action, to create greater adherence to the proposed ideas.
Find out more about live presentation here:
brainly.com/question/9624547