Answer:
Dr Variable overhead efficiency variance
Cr Variable overhead spending variance
Explanation:
Preparation the journal entry
Based on the information given in a situation where the variable overhead efficiency variance is unfavorable with the amount of $500 which means that that UNFAVORABLE VARIANCE will be DEBITED and if the variable overhead spending variance is favorable with the amount of $100 which means that the FAVOURABLE VARIANCE will be CREDITED and below is the way the journal entry will be:
Dr Work in process inventory
Dr Variable overhead efficiency variance (UNFAVORABLE)
Cr Factory overhead
Cr Variable overhead spending variance (FAVORABLE)
Therefore the journal entry will include a:
Dr Variable overhead efficiency variance (UNFAVORABLE)
Cr Variable overhead spending variance(FAVORABLE)
Answer: Options-based planning
Explanation:
The Option based planning is one of the concept that helps in maintain the flexibility of the various types of plans for making the various types of investments.
The main purpose of the option based planning is that it helps in maintaining the slack resources are are specifically used in the for of extra resource for the purpose of adapting the various types of changes and also the problems.
According to the given question, the Douclamp is one of the type of manufacturing company that basically making small level of investments on the iron ore plant.
Therefore, Douclamp is using the options based planning based on the given scenario.
Answer: These transactions can be journalised as follows :-
Explanation:
1. Receivables A/C Dr. 5000
To revenue A/C 5000
( Being paid for training of students)
2a. Cash A/C Dr. 4000
To Receivables A/C 4000
(Being 4000 provided in october)
2b. Cash A/C Dr. 1000
To Receivables A/C 1000
(Being 1000 recieved for training)
2c. Cash A/C Dr. 3000
To Receivables A/C 3000
(Being 3000 recieved for training)
3a. Accounts payable A/C Dr. 1000
To cash A/C 1000
(Being 1000 provided for rental bill of september)
3b. Rental expense A/C Dr. 1500
To accounts payable A/C 1500
(Being 1500 provided for rent bill in october)
Answer:
. c. Ownership can be transferred without affecting operations.
d. Managers can be fired with no effect on ownership.
Explanation:
Corporations are types of business organisation. A corporation is owned by shareholders. Ownership can be transferred by acquiring shares in the company.
Shareholders usually have a limited liability.
Managers are hired by the owners to run the business. Managers can be fired with no effect on ownership because they aren't owners of the company.
Corporations usually have unlimited life.
I hope my answer helps you
Answer:
O Downsizing
Explanation:
A lay off happens when the employer has closed down, has changed locations, or when there is not sufficient work for all the employees. A layoff is not caused by an employee's fault.
Downsizing refers to scaling down of operation. When a company downsizes, some of the employees will be laid off. Theodosia should mention she was laid off in her next application. The potential employer will realize that she wasn't at fault at her previous workplace.