He chose the one that he was familiar with. Please mark Brainliest!!!
The answer is B, tho I could also understand C, I am pretty sure it’s B.
<u>Calculation of retained earnings beginning balance:</u>
Retained earning beginning balance can be calculated using the following formula:
Retained earnings ending balance = Retained earning beginning balance + Revenue – Expenses - Dividends
Hence using the given information we can solve the equation as follows:
3,050 = Retained earning beginning balance + 1935 – 1065 - 550
3,050 = Retained earnings beginning balance +320
Retained earnings beginning balance = 3050-320 = $2,730
Hence, Retained earnings beginning balance is <u>$2,730</u>
Answer:
(1)
Compute the direct materials price and quantity variances. (Round your answers to 2 decimal places.)
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Explanation:
(1)
Standard quantity 30,060 units × 1/2 pound per unit = 15,030 pounds
(2)
Standard hours 30,060 units × 1/6 hour per unit = 5,010 hours
Actual rate per hour = $106,656/5,555 hours = $19.20
Explanation:
Answer:
a) A brainstorming meeting.
Explanation:
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