Answer:
Dr. Work in process $49,500
Dr. Material Quantity Variance $4,500
Cr. Raw material Inventory $49,500
Explanation:
First we need to calculate the Material usage variance
Standard Material = 5,500 cakes x 3 pounds = 16,500 pounds
Standard cost of Standard Material = 16,500 pounds x $3 = $49,500
Actual usage at standard cost = 16,650 pounds x $3 = $49,950
Material usage Variance = $49,950 - $49,500 = $450 unfavorable
When the actual cost incurred is more than the standard cost the variance is unfavorable.
Answer:
Present value = $75,379.47
Future value is $91,567.97
Explanation:
a) Present value of cash flow is calculated as:
Present value = $14578.25 + $27,325.69 + $33475.53
Present value = $75,379.47
b) Future value of windfall is calculated as
Future value is $91,567.97
Answer:
The correct option is e. The company's value of operations one year from now is expected to be 5% above the current price.
Explanation:
Free cash flow (FCF) refers to the cash that a company generates after taking into consideration cash outflows needed to support operations and maintain the capital assets of the company.
When the free cash flow of a company is expected to grow at a certain constant rate, the implication is that the the value of operations of that company one year from the current period is expected to be higher than the current price.
Based on the explanation above, the correct option is e. The company's value of operations one year from now is expected to be 5% above the current price.
To determine the tax amount you multiply the gross pay and the tax percentage. In this case, you would multiply $35,600 by .16 which equals $5,696 for the federal tax year. Remember: to convert a percentage to a decimal number, move the decimal place 2 places to the left.
Whenever there is a shortage at a particular price, the quantity sold at that price will equal <u>more than the quantity supplied at that particular price.</u>
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Magnitude (how a lot) and multitude (what number of), the two primary types of portions, are similarly divided as mathematical and bodily. In formal terms, quantities—their ratios, proportions, order, and formal relationships of equality and inequality—are studied by using arithmetic.
Quantity, similar to variety, can be used for singular or plural nouns that you may depend on or degree. the principle distinction is that it is satisfactory to apply an amount whilst you're speakme approximately an inanimate object. but, there are instances wherein you may use quantity and wide variety interchangeably, especially whilst the noun is plural.
Quality is a judgment of how exceptional something or a person is. An example of best is a product that might not ruin without problems. An example of nice is a nicely-made product. diploma or grade of excellence.
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