The answer to this question is Law of Supply.
Answer:
B. 33.66 percent
Explanation:
The common-size analysis involves comparing income statement items to revenue while balance sheet items are related to total assets, hence, the inventory account is a balance sheet item that would need to compared to total assets.
Common-size percentage= inventory/total assets.
inventory=$218,000
total assets=$647,700
Common-size percentage=$218,000/$647,700
Common-size percentage=33.66%
Answer:
<em><u>Performance </u></em><em><u>of </u></em><em><u>the </u></em><em><u>product</u></em>
<em>The </em><em>user </em><em>of </em><em>the </em><em>perspective</em><em> of</em><em> </em><em>quality</em><em> </em><em>judge</em><em> </em><em>a </em><em>product</em><em> </em><em>based </em><em>on </em><em>how </em><em>well </em><em>the </em><em>product</em><em> </em><em>performs </em><em>it's </em><em>intended </em><em>function</em><em>.</em><em> </em>
Answer:
$15,200 favorable
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 3,800 hours
And, the standard direct labor hours equal to
= 800 units × 3.5
= 2,800 hours
Standard variable overhead rate $ 15.20 per hour
Now put these values to the above formula
So, the value would equal to
= (3,800 hours - 2,800 hours) × $15.20
= $15,200 favorable
They all said winter.
Hope this helps!