Answer:
Holman's ending cash balance is $350,000.
Explanation:
The Ending Cash Balance can be obtained by Preparing a Cash Flow Statement as follows :
<u>Quince Holman Corporation </u>
<u>Cash Flow Statement</u>
Net Cash from Operating Activities $250,000
Net Cash from Investing Activities ($110,000)
Net Cash from Financing Activities $140,000
Movement during the Year $280,000
Cash and Cash Equivalents at the Beginning of the year $70,000
Cash and Cash Equivalents at the End of the year $350,000
Conclusion :
Holman's ending cash balance is $350,000.
Please provide a proper information to answer this question
To improve their written content, the designer can do the following:
- Understand the audience he targets.
- Incorporate storytelling to capture the interests of his audience.
- Make the presentation simple.
- Incorporation of text in the User Interface.
- Make a good copy to sell your skill.
<h3>Who is a designer?</h3>
A designer is an individual that uses computer-aided software and devices to plan and draw the soft/hard copies of a material.
A User Interface designer designs the screens that users go through while surfing a website.
To improve their written content and improve their portfolio, they can use the numbered steps above.
Learn more about UI Designers here:
brainly.com/question/898119
Answer:
a. $13
b. $20,625 Unfavorable
Explanation:
a. Computation of overhead volume variance is shown below:-
Variable overhead rate = Variable overhead cost ÷ Expected standard hours
= $275,000 ÷ 25,000
= 11 direct labor hour
Fixed overhead rate = Productive capacity ÷ Expected standard hours
= $50,000 ÷ 25,000
= $2 direct labor hour
Total overheard rate = Variable overhead rate + Fixed overhead rate
= $11 + $2
= $13
b. The computation of overhead controllable variance is shown below:-
Variable overhead cost = Overhead rate × Standard hours
= $11 × 21,875
= $240,625
Fixed overhead cost = Overhead rate × Standard hours
= $2 × 21,875
= $43,750
Total overhead cost = $13 × 21,875
= $284,375
Actual result = $305,000
Variance = Actual result - overhead cost applied
= $305,000 - $284,375
= $20,625 Unfavorable
Working note:-
Standard direct labor hours = Actual units ÷ Standard hours
= 35,000 × 1.6
= $21,875
Standard units per hour = (Standard capacity × Expected production) ÷ Standard hours
= (50,000 units × 80%) ÷ 25,000 hours
= 1.6 units per hour
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