Answer:
Please find the detailed answer as follows:
Explanation:
a) Predetermined overhead rate = Estimated manufacturing overhead cost / Estimated total units in the allocation based
Predetermined overhead rate = 600,000 / 500,000 = 1.2 perunit
b) Total fixed cost spending variance = Actual fixed overhead cost - Estimated overhead cost
= 599,400 - 600,000
= 600 (F) Favourable
c) Total fixed cost volume variance = Actual fixed overheads - Estimated fixed overheads
Actual fixed overheads = Estimated fixed overhead rate * Actual units produced
= 1.2 * 508,000 = $609,600
Total fixed cost volume variance =$ 609,600 - $600,000 = $9600 (F) Favourable
Answer:
both Gladys and Phil
Explanation:
Based on the information provided within the question it can be said that in this scenario both Gladys and Phil are guilty of violating the Fair Housing Law. The Fair Housing law completely outlaws the refusal to sell a house or property to someone on the basis of race, color, disability, religion, sex, familial status, or national origin. Which is exactly why Gladys and Phil removed the property and did not want to sell to the minority couple.
Annual tax return is a document which states the income and expenses of a certain firm or individual and it is given to the tax department for further checking.
Depreciation expenses is the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.
Depreciation expense: Cost of the asset - residual value/ total units expected to be produced * actual units produced
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Answer: B. Public Service
Explanation:
There are 4 alternative forms of institutional advertisements being;
- Competitive - These types of adverts aim to show that the product presented is better than that of the competitor by showcasing its benefits and features.
- Reminder - As the term implies, this advertisement is meant to remind you. Remind you of the product being offered and how it has been beneficial to you.
- Pioneering - This is for products that are just starting out and need to be introduced to inform the market of its existence.
- Advocacy - These focus on telling the audience the position a company has on an issue.
These are the four alternative forms of institutional advertisements and Public Service is not one of them.
Answer:
The correct answer is: $12,000
Explanation:
uncollectible debt = 6% of net sales
= 6/100 × 200,000
= 0.06 × 200,000 = $12,000
Therefore, $12,000 will be removed (debited) from the bad debt expense because it is uncollectible, and it is added (credited) to the Allowance for Doubtful accounts as bad debt to be paid for in the bad debt reserve account.