Answer:
Operating profit margin = 25.71%
Explanation:
Amount of return on asset = Rate of return x Asset value
Amount of return on asset = 15% x $300,000,000
Amount of return on asset = $45,000,000
Operating profit margin = Amount of return on asset / Sales
Operating profit margin = $45,000,000 / $175,000,000
Operating profit margin = 0.257143
Operating profit margin = 25.71%
Answer and Explanation:
a. The computation of the material price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 725,000 × ($2.95- $3)
= 725,000 × $0.5
= $36,250 unfavorable
b. The computation of the material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $2.95 × (730,000 - 725,000)
= $2.95 × 5,000
= $14,750 favorable
And, the total direct material cost variance is
= Material price variance + material cost variance
= $36,250 unfavorable + 14,750 favorable
= $21,500 unfavorable
Answer:
The correct answer is (A)
Explanation:
An unearned fee on unearned income is the amount which is added to an account but not received yet. These accounts are usually liability and credit account. It is a liability because it has not received yet. So the general entry of this account is; debit to the cash account and credit to the unearned account.
Answer:
Job 4
Explanation:
Job 4 best suits the job description of health and safety engineer. It is important for a health and safety officer that he must be ambitious and dur to nature of the job he has to travel across different fields. Health and safety officer has great responsibility as he is the one who is responsible for implementing safe work environment.
The cycle time is composed of all the components given above except that of waiting time.
<h3>What is cycle time?</h3>
The time taken by a producer or a supplier in a unit to actually produce and make the produced goods available for shipment is called as the cycle time of such unit.
Hence, option D holds true regarding the cycle time.
Learn more about cycle time here:
brainly.com/question/13694331
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