The answer is 1 KB is equal to 1024 Bytes
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:
a) A gain is subtracted from net income.
d) An increase in operating current assets is subtracted from net income.
e) A decrease in operating current liabilities is subtracted from net income.
Explanation:
Operating activities: It involves those transactions that affect the after-net income working capital. It would subtract the rise in current assets and a decrease in current liabilities while add a decrease in current assets and an increase in current liabilities.
It would modify those changes in working capital. For addition, the depreciation costs are added to the net income and the loss on the sale of assets is applied, while the gain on the sale of assets is excluded
So, the following options are used-
a) A gain is subtracted from net income.
d) An increase in operating current assets is subtracted from net income.
e) A decrease in operating current liabilities is subtracted from net income.
