Answer:
0.78
Explanation:
beginning 22,000 with a cost of 15,675
started and completed: completed - beginning
99,000 - 22,000 = 77,000
equivalent units ending WIP 16,500 x100% = 16,500
equivalent units for materials 93,500
equivalent cost of materials: 73,260 / 93,500 = 0,78
for the equivalent cost we will calcualte only using the cost added during the period.
Answer:
The correct answer is:
$6,998.64 favorable (b)
Explanation:
The direct labor rate/price variance is the difference between the standard cost of production and the actual cost incurred in the production process. If the actual rate of labor is less than the standard labor rate, it is said to be favorable, because lesser time is used in the production process than estimated. The reverse is the case for unfavorable direct labor rate variance.
The formula is given as:
Direct Labor Rate Variance = (SR - AR) × AH
Where
SR = standard rate = $12.88 per hour
AR = actual rate = $12.00 per hour
AH = actual direct labor hours = 7,953 hours
∴ Direct labor rate variance = (12.88 - 12.00) × 7,953 = $6,998.64 favorable
Answer:The meeting will fall under the FOURTH PHASEie STRATEGIC EVALUATATION of the planning process
Explanation:
The fourth phase of planning is the Strategy Evaluation which involves Buisness taking a concise time to monitor an already working proposed plan and adjust the process as nessesary.
Buisnesses like P and L can address an already working procedure to analyse what is working or what is not by organisaing, monitoring , getting feedback and measuring performance of the work done by the earlier proposed plan. This on the long run leads to establishment of best practices and help to correct future processes and plans.
Answer:
A. Partnership
Explanation:
Based on the description of this scenario it can be said that the best option for Mary would be a Partnership. This means that she will share ownership and profit with those involved but at the same time will also share the liabilities. This will make sure that the other tattoo artists will do their utmost best since they will have to deal with the consequences as well if they do not. Which in term protects Mary.
Answer:
the amortization of Other Comprehensive Loss for 2022 is $38,370
Explanation:
The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;
= (Accumulated other comprehensive loss - 10% of Projected benefit obligation) ÷ given no of years
= ($503,700 - 10% of $1,200,000) ÷ given no of years
= ($503,700 - $120,000) ÷ 10 years
= $38,370
hence, the amortization of Other Comprehensive Loss for 2022 is $38,370
The same would be considered
