Answer:
a. interviews were expensive to conduct
Explanation:
The disadvantage of in depth interview contained in the scenario is that face to face or in-depth interviews are expensive to conduct.
The rationale behind this conclusion is as presented in the scenario that ''In order for executives to agree to the interviews the company provides a large cash incentive.''
The fact that in-depth interview could be paid for, in order to guarantee its occurrence; is a practical display of the fact that in-depth interview or Face-to-Face method, is very expensive.
Answer:
b.$1,375,000
Explanation:
Dunn Company's
Allowance for uncollectible accounts $1,500,000
Less Accounts receivable expected to be Uncollectible $125,000
Net Realizable value of account receivable $1,375,000
Therefore the net realizable value of accounts receivable after adjustment will be $1,375,000
The amount of tax revenue is $130 billion and teh governemnt budget balance is negative 10 billion
<u>Explanation:</u>
We are given
I = 130 billion, S = 110 billion, G = 120 billion, X = 210 billion and M = 220 billion, we need to derive tax revenue = T??
At equilibrium; S+T +M = I+X+G or
110 + T + 220 = 130 + 210 + 120 or
T + 330 = 460, implies tax revenue (T) = $130 billion
the government budget is calculated as follows:
Government budget = G-T = 120 minus 130 = -10 billion
Answer:
1. $3.20 x 2.20 = $7.04
2. It will be favorable.
3. It will be unfavorable.
4. Direct material price variance = $22
Direct material quantity variance = 0.48
Explanation:
1. Standard direct cost per unit=cost of direct materials price x direct material standard quantity per unit.
2. It will be favorable because they expected or had budgeted to pay $3.60 per foot for the material but the actual cost became $3.20. So they pay $0.40 less than they had expected to pay.
3. It will be unfavorable because they had planed or budgeted for each unit to use 2.05 feet of leather but they ended up needing 2.20 feet of leather per collar so that means they under budgeted by 0.15 feet.
4. Direct material price variance =( $3.60 x 55) less ($3.20x55)=$22
The total amount that was budgeted or expected to be paid is subtracted from the total actual price that was paid.
Direct material quantity variance = (2.05x$3.20) less (2.20x$3.20)= -0.48
The total direct material quantity that is used is subtracted from the quantity that was expected to be used.
<span>Since the business owner, by definition, is the person who controls all those assets and is responsible for them, he/she can take parts of them home if they so choose. This is a way to manage resources, especially if those resources are still useful in some way.</span>
