An account with a financial institution used to pay taxes and insurance is called An escrow account.
Answer is An escrow account
Answer:
a. from one banks to another
Explanation:
Answer:
B. $ 12 comma 600 comma 000
Explanation:
15,000 units x $700 cost per unit = 10,500,000 total cost
markup policy for the firm: 20% of total cost
the sales price will be the total cost for the order plus a 20% of that cost as a gross profit margin.
sales price = cost x (1 + 20%)
sales price = total cost x 1.20
sales price = 10,500,000 x 1.2 = 12,600,000
Answer:
The benefits of Inventory Pooling includes:
- centralizing inventory into fewer locations thus reducing safety stocks and the amount of inventory needed in the supply chain.
- Pulling back inventory when firms have too much at retail level.
Explanation:
inventory pooling is an operational strategy used to increase efficiency in stock management and analysis.
It is a supply chain tool that consolidates multiple inventory locations into a single one.
It is a centralized system that helps with stock keeping. It makes projections easier and helps manage shortfalls that may arise due to demand uncertainty.
It is cost effective by reducing cost of employing more staff and reduces the percentage error due to the centralized portal.
By reducing operational costs, profit is maximized.
Answer:
Wyzard Corporation
The revenue variance in the Revenue and Spending Variances column of a performance report comparing actual results to the flexible budget for July would have been closest to: ________
$1,800 F
Explanation:
a) Data and Calculations:
Fixed Element Variable Element Actual Total
per Month per Container for February
Refurbished
Revenue $3,800 $123,400
Employee salaries and wages $40,000 $1,100 $73,800
Refurbishing materials $700 $21,800
Other expenses $29,700 $28,800
Revenue variance
Budgeted revenue (flexible) = $121,600 ($3,800 * 32)
Actual revenue 123,400
Variance $1,800
