Answer:
price variance $14,040 U
quantity variance $ 5,650 F
rate variance $ 10,700 U
efficiency variance $ 26,800 U
Explanation:
Missing information attached:
Purchase of Aluminium:
66 ending + 3,530 used - 46 beginning = 3,510
DIRECT MATERIALS VARIANCES
std cost $25.00
actual cost $29.00
quantity 3,510 (purchase)
difference $(4.00)
price variance $(14,040.00)
std quantity 3756.00 (939 units x 4 pounds per unit)
actual quantity 3530.00
std cost $25.00
difference 226.00
quantity variance $5,650.00
DIRECT LABOR VARIANCES
std rate $40.00
actual rate $42.00
actual hours 5,350
difference $(2.00)
rate variance $(10,700.00)
std hours 4680.00
actual hours 5350.00
std rate $40.00
difference -670.00
efficiency variance $(26,800.00)
For the quarter ending December 2021, Woolworths Group's tax rate was 27.15%. See other financial metrics below.
<h3>What is the significance of tax rate?</h3>
Taxation not only pays for public goods and services; it also plays an important role in the social compact that exists between citizens (corporate and individual) and the economy.
The manner in which taxes are collected and spent may define a government's very legitimacy.
When very big corporations such as Woolworth are involved, they are also evaluated on their commitment to tax payment.
<h3>What is the Asset Value of Woolworth Holdings as at December 2021?</h3>
The Asset Value of Woolworth Holdings as at December 2021 was valued at about 59 Billion Dollars. In the same year, it's net income was valued at about 4.2 Billion Dollars.
Her EBDITDA - Earnings before interest, taxes, depreciation, and amortization was computed to have grown by 11.59 Billion dollars.
Hence, this tells us that after satisfying it's corporate fiscal responsibility (tax payment), Woolworth remained profitable. To the tune of 4.2 billion dollars.
Learn more about Financial metrics:
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It depends on how suspicious. Like are they walking sideways? or are they talking to themselves? If they were doing something like those two things, I could safely assume that you could cause a disturbance to the peace. I would give them an ultimatum. I'll wait 10 minutes, then if you wont give your name, I'll take you down to the station. I would give no threats or use harsh language. If they give me their name, I would look their records up. If they had similar cases, I would take them anyway. Just incase. It's better safe than sorry.
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