Answer:
d. $1,875 unfavorable
Explanation:
Direct material quantity variance is computed as;
= (AQ - SQ) × SP
AQ = Actual quantity = 6,300 units
SQ = Standard quantity = 14,200 / 2 = 7,300 units
SP = Standard price = $0.80
Direct material quantity variance
= (6,300 - 7,300) × 0.80
= -1,000 × $0.80
= -1,875 unfavorable
Answer:
d) credit to Paid-in Capital from Treasury Stock for $30,000
Explanation:
The entry for profit in sale of treasury stock is as computed below
Account Details Debit Credit
Cash (5000*20) $100,000
To treasury stock (5000*14) $70,000
To Additional paid in capital (5000*6) $30,000
Answer:
The best answer is "C"
The price of New Labs stock increases rapidly to a higher price and then remains at that price.
Explanation:
This is a major ground breaking achievement. Haven received a patent for a product that will eliminate all flu viruses, the company gains Monopoly for the product since it was unexpected.
Answer:
It should quite the job and do the organic soap business as it provides an economic gain which consider the implicit cost.
Explanation:
alternative (I)
revenues of 465,000
expenses (395,000)
net income 70,000
opportunity cost
wages from TV company (50,000)
net economic gain 20,000
alternative (II)
revenues 3,250,000
expenses<u> 3,275,000 </u>
net loss (25,000)
<u>opportunity cost</u>
wages from TV company (50,000)
net economic loss (70,000)
Answer: (B) False
Explanation: Creating an improvement in profit and better efficiency are the strategies for the company's operational plan. If we talk about Corporate Social Responsibility, these are the actions aimed at reducing the social and environmental impacts caused by the company, to obtain the best results over time in terms of competitiveness and sustainability.
Example: The company can improve efficiency by using chemicals harmful to the environment, which is an operational strategy. If this action is changed to chemicals of organic origin, then if a social responsibility policy is complied with.
