The difference between actual quantity of input used and the standard quantity of input used results in a:<span> Quantity variance.
Quantity Variance is used to determine whether the manufacturer has been using its material resource or not because it highlights the difference between expected material expenditure and its actual realization.
</span>
<span>pervasive analytics
This alludes to associations that have incorporated the larger part of their representatives in their business knowledge arrangement. This can take an assortment of structures, for example, incorporating center administration in the arrangement of sensible and valuable goals, or furnishing workers with access to execution dashboards.</span>
Wheres the answer choices.
Answer: $183.18
Explanation:
Pinkin aims to make a 20% markup on the total cost of selling the product.
Costs
Fixed Cost Per Unit
= (Total fixed overhead + Total fixed administrative) / no. of units
= (110,000 + 90,000)/43,000
= $4.65
Variable Costs Per Unit
= Variable product cost per unit + Variable administrative cost per unit
= 82 + 66
= $148
Total Cost per unit = 4.65 + 148
= $152.65
Price Pinkin should charge
= Total Cost ( 1 + Markup)
= 152.65 ( 1 + 20%)
= $183.18
<em>Note; Answer is not in the options. Either Options are for another question or question has wrong details.</em>
Hi there,
Glad to be helpful.
Adjusting entries are actually what go into the books. They are similar to journal entries, but are plugged into the general ledger. Therefore, it is impossible that they go before the financial statements which are the balance sheet, income statement, etc - those are entirely dependent on the general ledgers and adjusting entries.
Therefore,
<u>FALSE! </u>