Answer:
C
A
Explanation:
1. c. To inform a customer about a recall
2. a. To retain the customer’s goodwill
The concern family businesses have about retaining family management is
that there may be a lack of innovation with the successors.
This is because all individuals have their respective interest, passion and
knowledge about certain things. The family member who set it up had
interest in the field which led to the establishment of the company.
When the individuals who are to take over have a different interest to what's
applicable then there will be a lack of innovation which is vital in promoting
the company's growth.
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Answer:
$92,000
Explanation:
Calculation for By how much is retained earnings reduced by the property dividend
Using this formula
Reduction in Retained earnings=(Boxer stock outstanding/Declared property dividend )×King stock market price)
Let plug in the formula
Reduction in Retained earnings=(46,000/10 shares ) x $20
Reduction in Retained earnings= $92,000
Therefore By how much is retained earnings reduced by the property dividend is $92,000
Answer:
Hence, Cisco's materials usage variance is 12,000 Unfavorable
So, the correct option is c. $12,000
Explanation:
Material Usage variance : The computation of material usage variance is shown below:
= (Standard Quantity - Actual Quantity ) × Standard price per pound
where,
Standard Quantity = Production units × Material allowed per unit
= 12,000 × 1.5
= 18,000 pounds
So,
Material Usage Variance = (18,000 - 19,500) × $8
= 12,000 Unfavorable
Hence, Cisco's materials usage variance is 12,000 Unfavorable
So, the correct option is c. $12,000
