Hello there,
<span>The delegate might consider the freedom of slaves and what rights they might have. *They couldn't issue their own money.
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Answer:
Total Material Variance = $2,400 Unfavorable
Explanation:
Total Materials Variance = Standard Cost - Actual Cost
Here, standard cost = Standard Quantity 
Standard Rate
Standard quantity for actual output = 5,400
Standard Rate = $2.00 per pound
Standard Cost = 5,400 $2.00 = $10,800
Actual Cost = Actual Quantity Actual Rate
= 6,000 $2.20 = $13,200
Total Material Variance = $10,800 - $13,200 = - $2,400 Unfavorable
Since the value is negative the variance is unfavorable, as actual cost is more than standard cost.
Answer:
b. inventory for $1516.
Explanation:
Term 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale and net credit period of 30 days.
Purchase value = $83,000
Purchases return = $7,200
Amount Due = $83,000 - $7,200 = $75,800
As the $75,800 is paid within discount period, so discount will be given to customer
Discount = $75,800 x 2% = $1,516
Payment Made = $75,800 - $1,516 = $74,284
Gross method does not record the discount value it recognise the inventory at its gross amount and discount is adjusted in the inventory account after that.
Hi The type of insurance is called Bodily injury coverage
The theory which could maybe explain this situation is "play hard ,work hard"
