In this situation, it is likely that the seller owes a
commission to the broker because the broker had already brought an offer in which
he has already had terms of agreement from a buyer, even though the seller
disagrees, the seller still owes the broker the commission he deserves.
Answer:
D) cash items in the process of collection fall by the amount of the check.
Explanation:
Cash Items in the process of collection are all the item which is due and are in collection process. When a fund for a deposited check is received it is transferred to the depositor's account and in process collection are reduced the balance of account holder is increased. So, the appropriate answer is D) cash items in the process of collection fall by the amount of the check.
Answer:
$135 Unfavorable
Explanation:
The computation of total variance is shown below:-
For computing the total variance first we need to find out the actual price which is below:-
Actual price = Total cost ÷ Actual quantity
= $18,135 ÷ 3,100
= $5.85 pound
Now,
Total variance = Standard quantity × Standard price - Actual quantity × Actual price
= (($2,000 × 1.5) × $6) - 3,100 × $5.85
= 3,000 × $6 - 3,100 × $5.85
= $18,000 - $18135
= $135 Unfavorable.
Increased
It’s a positive number
Answer: Option A
Explanation: In simple words, Short run budgets refers to the budgets which are made for a period of less than 12 months and long run budgets are made for a time period greater than one year.
Short run budgets are prepared for some specific assets such as supplying a new customer for one year.
Thus, from the above we can conclude that the correct option is A.
