Answer:
c. Attorney B because this person is a better fit for Marsha's needs.
Explanation:
Attorney B is the better option because he has direct experience in Marsha's area of business and will be more focused on delivering results. Unlike Attorney A that works in a big firm, does not have experience in Marsha's business, and does not respond to her calls.
Despite the slightly higher hourly rate by Attorney B he is the better option because the probability that he will deliver results is high.
Attorney A may be cheaper but due to his inexperience and lack of commitment to the case he stands the chance of loosing the case. Resulting in even higher loss.
Answer:
The proper cash flow amount to use as the initial investment in fixed assets when evaluating this project is $35,640,000.
Explanation:
Cash flow = Opportunity costs + cost + upgrdation
= $11.7 million + $22.9 million + $1,040,000
= $35,640,000
Therefore, The proper cash flow amount to use as the initial investment in fixed assets when evaluating this project is $35,640,000.
Answer:
Variable overhead efficiency variance = $798.36 unfavorable
Explanation:
<em>Variable overhead efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours for same multiplied by the standard variable overhead rate</em>
Since the variable overhead is charged using machine hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
<em>Overhead absorption rate =Estimated overhead/estimated machine hours</em>
105,300/5,500 machine hours = $19.14 per machine hour
$
5,580 hours should have cost (5,580× 19.14) 106,831.6
but did cost (actual cost ) <u> 107,630 </u>
Variable overhead efficiency variance. <u>798.36 </u>unfavorable
<em>Variable overhead efficiency variance = $798.36 unfavorable</em>
Answer:
The answer is b. job order and process cost systems.
Explanation:
There are two main cost accounting systems; the job order costing and the process costing. Job order costing is a cost accounting system that accumulates manufacturing costs separately for each job whereas Process costing is a cost accounting system that accumulates manufacturing costs separately for each process.