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3 years ago

Answer the following question using the information below:

Business

1 answer:

m_a_m_a [10]3 years ago

5 0

Answer:

O None of these answers are correct.

Explanation:

The computation of the direct manufacturing labor efficiency variance is shown below;

= Standard labor rate × (Standard hours for actual output - Actual hours)

where,

Standard labor rate is $15

Standard hours for actual output would be

= 10,000 containers × 0.05 hours

= 500 hours

And, actual hour is 500 hours

Now put these values to the above formula

So, the value would equal to

= $15 × (500 hours - 500 hours)

= $0

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Moss County Bank agrees to lend the Sandhill Co. $455000 on January 1. Sandhill Co. signs a $455000, 6%, 9-month note. The entry

FromTheMoon [43]

Answer:

See below

Explanation:

The journal entry for the issuance of the note proceed is shown below;

Cash A/c Dr $455,000

----------- To Notes payable A/c Cr $455,000

(Being the issuance as well as proceeds of the note that is recorded)

Cash account is debited because it is increasing and any increase in asset is debited. Also, the note will become payable which leads to increase in liability and an increase in liability is credited hence why note payable is credited.

• Note that other things like interest rate, duration are not considered because we were asked to pass the journal entry for the issues of notes not for any interest expense, reason why it was ignored.

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3 years ago

Scenario: Wilson Industries Inc. Wilson Industries Inc. is a multinational firm that designs and produces premium leather bags f

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<h3>What is capacity planning?</h3>

Capacity planning is used to determine the types of equipment and manpower that will be needed, as well as when they will be needed. This "demand" could be for the future week, season, or even a year.

Changes in production output, such as increasing or lowering the production amount of an existing product affect demand for an organization's capacity.

Thus, capacity planning is the evaluation.

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2 years ago

John Hardley recently joined as marketing director of H2O, a water sports gear company. Though in the last five years the compan

Leviafan [203]

Through his latest decisions that led the H2O company to have a historic peak in sales, marketing director John Hardley is considered to have a proactive personality.

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A proactive person is one who takes responsibility for their actions, seeking to perform tasks in the best possible way, being always available to solve problems and deal with unforeseen events in a positive way.

In the workplace, proactive professionals can make all the difference, by contributing with their dedication, dynamism and adaptation to the constant changes and risks inherent to the business.

Therefore, Hardley achieved positive results in the company by demonstrating his proactivity by taking steps to restructure the company, through the renewal of the brand's visual and marketing campaigns.

The correct answer is:

D) Hardley has a proactive personality.

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2 years ago

A central question that must be addressed in bankruptcy proceedings is whether the firm's inability to meet scheduled interest p

dexar [7]

Answer:

The statement is: True.

Explanation:

Bankruptcy<em> </em><em>is the legal state of a person or company which has become permanently insolvent or, in other words, incapable of repaying unpaid debts on time.</em> Although there are several forms of bankruptcy filings, this procedure is intended to determine a structured and equitable settlement of debt obligations.

Bankruptcy proceedings may start with a petition filed by a borrower or when a petition is filed on behalf of a company's creditors.

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3 years ago

For the current year, Delta Corporation has beginning and ending inventories of $80,000 and $100,000, respectively. Cost of good

PtichkaEL [24]

Answer:

The average days in inventory are 5 days

Explanation:

The average days in inventory is computed or evaluated as:

Average days in inventory = COGS (Cost Of Goods Sold) / Average Inventories

where

COGS (Cost Of Goods Sold) amounts to $450,000

Average Inventories is computed as:

Average Inventories = Beginning Inventory + Ending Inventory / 2

where

Beginning Inventory amounts to $80,000

Ending Inventory amounts to $100,000

Putting the values:

Average Inventories = $80,000 + $100,000 / 2

= $180,000 / 2

Average Inventories = $90,000

Now, putting the values above in the formula:

Average days in inventory = $450,000 / $90,000

= 5 days

6 0

3 years ago