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choli [55]
3 years ago
11

A favorable direct labor efficiency variance might indicate that

Business
2 answers:
meriva3 years ago
3 0

Answer:

The materials and factors of production were available and in good quality which resulted in workers taking less time to complete a task. this also means that workers were more skilled an took less time.

Explanation:

A favorable direct labor efficiency variance might indicate that, the materials and other factors of production were available and in good quality which resulted in workers taking less time to complete a task. this also means that workers were more skilled an took less time.

Flauer [41]3 years ago
3 0

Answer:

Highly skilled workers were used that performed the task faster than expected.

Explanation:

When highly skilled workers are used to perform certain task coupled with the provision of the necessary raw materials need per time, there will definitely be a great output from such input compared to using of unskilled workers. This will be clearly seen in the time taken, precision and quality of the output from such task.

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You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6
sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

=  (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

3 0
3 years ago
Jon had adjusted gross income of $25,000 in 2019. During the year, he incurred and paid the following medical expenses: - Drugs
finlep [7]

Answer:

The allowable medical deduction after Adjusting Total Income is $0

Explanation:

Particulars                                                           Amount

Drugs and Medicines prescribed by doctors        $300

Add:- Health insurance premium                            $750

Add:- Doctors Fees                                                  $2,250

Add:- Eyeglasses                                                      $75

Less:- Reimbursement of doctors fees received   <u>($900)</u>

                                                                                  $2,475

Less :- Adjusted Gross Total Income of $25,000  <u>$2,500</u>

Allowable medical deduction after adjusting            -25

total Income

Therefore, as the resultant amount is negative. The allowable medical deduction after Adjusting Total Income is $0

Workings

Adjusted Gross Total Income of $26,000

= $26000 × 10%

= $2,600

5 0
3 years ago
From a salesperson's perspective, the characteristics of a good manager: A. vary from manager to manager. B. conflict with the c
elena55 [62]

Answer:

E. include flexibility and a team orientation.

Explanation:

Sales management is the process that maintains customers sales by planning, direction and control of the sales process.

It involves motivation, supervising, delegation, and equipping of the sales force.

This is a people oriented career and therefore requires flexibility and a team orientation. So the team is able to adapt to new strategies aimed at improving the sales process.

7 0
3 years ago
Prepare the journal entries to record the following transactions on McLeena Company’s books using a perpetual inventory system.
Sonja [21]

Answer:

The journal entries are made as follows;

Explanation:

March 2.   Account Receivable-Mcleena Co.       Dr.$800,000

                Sales Revenue                                 Cr.$800,000

                Cost of Goods Sold                  Dr.$540,000

                Inventory                                    Cr.$540,000

March 6.  Sales Revenue             Dr.$140,000

               A/R-Mcleena Co.          Cr.$140,000

               Inventory                       Dr.$94,000

               Cost of Goods Sold      Cr.$94,000

5 0
3 years ago
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litig
mixas84 [53]

Answer:

Disclose the contingency and state that an estimate cannot be made.

Explanation:

Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. Taylor should accrue and/or disclose this potential loss BY DISCLOSING THE CONTINGENCY AND STATE THAT AN ESTIMATE CANNOT BE MADE.

6 0
3 years ago
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