Answer:
$73,561
Explanation:
The computation of inventory increased is shown below:-
Inventory increase = (Received goods - Returned goods) × (1 - 0.01) + Freight charges
= ($75,000 - $1,100) × 0.99 + $400
= $73,900 × 0.99 + $400
= $73,161 + $400
= $73,561
Therefore for computing the increased inventory we have simply applied the above formula.
Answer:
The correct answer is D: $3500 unfavorable
Explanation:
Giving the following information:
Standard:
Direct materials standard 10 pounds per unit
Direct materials standard cost $0.75 per pound
Actual:
Material purchased cost $0.85 per pound
Direct materials purchased 40,000 pounds
Direct materials used 35,000 pounds
Finished goods produced 4,500 units
Direct material price variance= (SP-AP)*AQ
SP= standard price
AP= actual price
AQ= standard quantity
Direct material price variance= (0.75-0.85)*35000
Direct material price variance= $3500 unfavorable
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brainly.com/question/15402972
<span>The organization that requires a 90-day supply of oil is the International Energy Agency (IEA). Each country in the organization must stock an amount of petroleum equivalent to this amount because of the organization's obligations.</span>
Answer:
Luciana’s basis in the condominium is $120000.
Explanation:
The transfer or sale of property by the employer to the employee at less than the fair market value then it is considered as the compensation income or dividend income. However, it should be included in the income. The difference in cost and fair market value ($120000 - $85000 = $35000) is considered as the gross income which is taxable for the year.
