Answer:
The variable factory overhead controllable variance is $2,250 favorable.
Explanation:
variable factory overhead controllable variance
= standard variable cost - actual variable cost
= $5500-2.5*3 - $39000
= $2,250 favorable
Therefore, The variable factory overhead controllable variance is $2,250 favorable.
Answer: a. Accounts Receivable
Explanation:
The Direct Write-off method is usually used by businesses where Uncollectible Receivables are not common. This way when it does occur, they simply debit the Bad Debts accounts and credit the Accounts Receivables to show the event.
This method of Accounting violates the Matching Principle under the Accrual basis because it usually does not recognize bad debts in the same period that the inventory was sold. It only records bad debts when they are declared which could be periods afterwards.
The following are deducted from a typical paystub : City income tax, State income tax, Medicare, Social security and Federal income tax.
Answer:
Earning Satisfactory Profits
Explanation:
Based on the information provided within the qeustion it seems that the management of Fresnas Designs Inc. bases its pricing policy on Earning Satisfactory Profits. This is basically when a company revolves all their decisions around trying to make a reasonable level of profits that is consistent with the level of risk that they face. Which is what Fresnas is doing by pricing their products reasonably as opposed to pricing them higher even thought hey can.
They would raise the price so not as many people will order it I believe
