Answer:
-4670 Favorable
Explanation:
actual- standard = variance
variance * actual lbs of material
5.2-6.2=-1*4670=-4670 Favorable
Answer:
c. sunk cost.
Explanation:
Because in short run, fixed cost doesn't changes with output, that is whether we produce or not, we have to pay for it, so it is considered as Sunk cost. Also like Sunk cost, we don't make decisions with fixed costs.
Answer:
$125,000
Explanation:
Zwick company bought 25,000 shares of Handy corporation
In 2021 Handy corporation reported $208,100 net income
The cash dividend reported is $5.00 per share on all its 208,000 shares
Therefore the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows
= 25,000 shares × $5.00
= 125,000
Hence Zwick's dividend revenue from Handy corporation is $125,000
Answer:
$2,896 is needed
Explanation:
external financing needed = net income - working capital needs - capital expenditures + retained earnings
- net income = $1,560 x 1.2 = $1,872
- working capital needs = ($4,700 x 1.2) - ($860 x 1.2) = $5,640 - $1,032 = $4,608
- capital expenditures = fixed assets x 20% = $940
- retained earnings = $1,560 x 50% = $780
external financing needed = $1,872 - $4,608 - $940 + $780 = -$2,896
