Answer:
Snsnnsns
Explanation:
Sans Yshhsnhhhshhnshhhjujusjuujejuujujijji
Answer:
$4,100 Unfavorable
Explanation:
Data provided as per the question
Budgeted fixed overhead cost = $51,000
Actual fixed overhead cost = $55,100
The computation of the fixed manufacturing overhead budget variance is given below:-
Budget variance = Budgeted fixed overhead cost - Actual fixed overhead cost
= $51,000 - $55,100
= $4,100 Unfavorable
In the given question the right answer is not available. So, the right answer is $4,100 unfavorable.
Answer: $75
Explanation:
Using the Gordon Growth Model:
Price of stock = Next year dividend / (Required return - growth rate)
Growth rate is 0% as dividend does not change per year.
Price of stock = 6 / 8%
= $75
Answer:
a. True
Explanation:
ABC classification scheme refers to item analysis that is based upon the principle that there are many less critical items and few critical items by dividing on-hand inventory into three classes which is generally based upon annual dollar volume as follows:
"A items" have very tight control and accurate records
"B items" does not have a tight control and good records
"C items" have minimal records, periodic review, and and characterized by simple controls.
From the above explanation, it is therefore <u>true</u> that periodic review systems are best suited for the C category of items under the ABC classification scheme.
