Answer:
I'm so sorry but I do not know the answer to these kind of a question : )
Answer:
$8.20 per pound
Explanation:
The computation of the actual price per pound is shown below:
Material price variance = (Standard price per pound - Actual price per pound) × Actual quantity purchased
-$7,000 = ($8.00 - Actual price per pound) × 35,000
$8.00 - Actual price per pound = -$7,000 ÷ 35,000
Actual price per pound = $8.20 per pound
Hence, the actual price per pound is $8.20 per pound
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Jan. 22
Dr Cash $7,140,000
Cr Common Stock $6,300,000
Cr Paid in capital in excess of par $840,000
Feb. 27
Dr Cash $180,000
Cr Preferred Stock $135,000
Cr Paid-In Capital in Excess of Par-Preferred $45,000
Explanation:
Preparation of the entries for January 22 and February 27.
Jan. 22
Dr Cash $7,140,000
(210,000*$34)
Cr Common Stock $6,300,000
(210,000*$30)
Cr Paid in capital in excess of par $840,000
($7,140,000-$6,300,000)
Feb. 27
Dr Cash $180,000
(15,000*$12)
Cr Preferred Stock $135,000
(15,000*$9)
Cr Paid-In Capital in Excess of Par-Preferred $45,000
($180,000-$135,000)
Answer:
correct option is B: $29,000
Explanation:
given data
apartments = 15
family homes = 45
office buildings = 25
pay for cleaning staff = $12.50/hour
solution
we get here Total Budgeted hours that is
type Number Hrs/Clean No of Cleans Total Hours
Apartments 15 4 4 240
Homes 45 6 4 1080
Office 25 10 4 1000
Total Budgeted hours need per month 2320
Budgeted cost per month that is 12.50/hrs so it will 29000
so correct option is B: $29,000
