Answer:
C. the actual cost of materials was less than the standard cost.
Explanation:
As it can be seen from the given information that
The Favorable material purchase price is $380
And, non-favorable material quantity variance is $120
So, the total favorable price variance is
= $380 - $120
= $260
This represents that the actual material cost would be lower than the standard cost
hence, the option C is correct
Answer:
Hello your question lacks the required spreadsheet attached below is a spreadsheet and the completely filled spreadsheet
Explanation:
Amortization = 140,000 / 20 = 7000
average service life = 20
<em>The missing amounts are </em>
service cost = $104
gain on PBO = $28
prior service cost = $0
expected return on plant assets = $ 46.40
loss on assets = $16
cash funding = $88
retirees benefits = $50
prior service cost = $14
interest cost = $42
Answer: Retires $20,000 (000) in long-term
Explanation:
The action that will expose Digby to the most risk of needing a loan is the one that will involve using the most cash that the firm has.
By retiring Long term loans of $20,000 (000), Digby runs the risk of needing an emergency loan in the future because they did not take enough action to finance the company vs the amount in the cash balance that will be spent if they do indeed retire long term loans of that amount.
They have $19,743 (000) and yet only issued 100 (000) shares and $200 (000) of long-term debt. Should they payoff $20,000 (000), their cash flow will take a drastic hit which increases the likelihood of needing an emergency loan.
One of the essential product that will be affected by an increase in fuel which is very important even to the poorest of the poor is : Food Products.
If the price of fuel increased, the distribution cost for the food products is likely to be increased, which will affect the cost per product of all food Products, which will affect even the poorest of the poor