Answer:
Production for 2nd Quarter = 15,000 units
Explanation:
given data
ending inventory of finished goods = 25 %
finished goods inventory at year start = 4,000 units
so we consider here Quarter sales in unit
1 = 12,000
2 = 14,000
3 = 18,000
4 = 16,000
solution
we get here Production for 2nd Quarter that is
Production for 2nd Quarter = Quarter 2 sale + Desired Q2 ending inventory - Beginning Q2 inventory ...................1
so it will be as
Production for 2nd Quarter = Quarter 2 sale + (25% of Q3 Sale) - (25% of Q2 sale)
put here value
Production for 2nd Quarter = 14000 + (18000 × 25%) - (14000 × 25%)
Production for 2nd Quarter = 14000 + 4500 - 3500
Production for 2nd Quarter = 15,000 units
Answer:
D) $16,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered
Explanation:
Options include <em>"A) $20,000 Discount Expense plus a $12,000 positive Adjustment to Net Income when the merchandise is delivered. B) $20,000 Discount Expense plus a $12,000 negative Adjustment to Net Income when the merchandise is delivered. C) $20,000 Discount Expense plus a $20,000 negative Adjustment to Net Income when the merchandise is delivered. D) $16,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered E) $20,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered."</em>
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Discount expense
= ($1.41 - $1.37) * 400,000 euro
= $0.04 * 400,000 euro
= $16,000
Adjustment at Delivery
= ($1.41 - $1.36) * 400,000 euro
= $0.05 * 400,000 euro
= $20,000 (positive)
Answer:
$3,500 Unfavorable
Explanation:
The computation of variable overhead efficiency variance for Clan for November Year 2 is shown below:-
Variable overhead efficiency variance
= (Standard labor hours - actual labor hours) × (Standard variable overhead rate)
= (3,500 × 2 - 7,500) × $7
= (7,000 - 7,500) × $7
= $3,500 Unfavorable
Therefore for computing the Variable overhead efficiency variance we simply applied the above formula.
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Gallup is a company that does market research, and this was one of their latest ones in order to see whether people who engage in their work more actually produce more.
