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3 years ago

10

A favorable direct materials price variance might lead to an unfavorable direct materials quantity variance because the company

purchased inferior materials. true or false

1 answer:

Lemur [1.5K]3 years ago

3 0

25 is ur answer good ser

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A __________ inventory system is a small, wheeled container used in a just-in-time inventory system to move component parts from

STatiana [176]

Answer:

Kanban inventory system

Explanation:

Kanban inventory system -

It refers to as the system , which make sure than the company's stores only the required components in the production or distribution process , is referred to as kanban inventory system .

The Kanban system enables to give indication for reordering or rearrange the stock .

Hence , from the given information of the question ,

The correct answer is Kanban inventory system .

7 0

3 years ago

The Rockies Division operates as a profit center. It reports the following for the year. Budgeted Actual Sales $1,969,700 $1,829

Eduardwww [97]

Answer:

IMPORTANT NOTE: The data of the calculation was obtained from an online research.

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

6 0

3 years ago

Journalize the following transactions in the accounts of Arizona Interiors Company, a Restaurant Supply Company that uses the al

emmasim [6.3K]

Answer:

May 1

Dr Cost of merchandise sold $9,600

Cr Merchandise inventory $9,600

Aug. 30

Dr cash $2,800

Dr Allowance for doubtful accounts $10,600

Cr accounts receivable-peking palace co $13,400

Dec. 8

Dr Accounts receivable - peking palace co $10,600

Cr Allowance for doubtful accounts $10,600

Explanation:

Preparation of the journal entries in the accounts of Arizona Interiors Company

May 1

Dr Cost of merchandise sold $9,600

Cr Merchandise inventory $9,600

Aug. 30

Dr cash $2,800

Dr Allowance for doubtful accounts $10,600

($13,400-$2,800)

Cr accounts receivable-peking palace co $13,400

Dec. 8

Dr Accounts receivable - peking palace co $10,600

Cr Allowance for doubtful accounts $10,600

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3 years ago

Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,

Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

X = minimum number of shares that must be owned = ?
S = total outstanding shares = 10,000,000
N = number of directors we want to elect = 1
D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0

3 years ago

Without doubt, the recommendation promotional budgeting technique is the objective and task approach. et, there is one major pro

stiks02 [169]

Answer: difficulty of accurately assessing the advertising costs necessary to accomplish the goals

Explanation: Objective and Task control method; objective task control method is a system used by companies to allocates certain amount of money to to be used for it's marketing budget based on some objectives, rather than choosing a random amount or deciding it's marketing budget based on sales revenues or projections alone. This means advertising budget is based on set objectives. The challenge faced is their inability to correctly determine the cost necessary to accomplish the set objectives or goals.

6 0

3 years ago

Read 2 more answers