Answer:
That would be a shortage.
Answer:
intervene and tell the supervisor you had assumed responsibility for the paperwork and forgot
Explanation:
The golden rule is based on a principle of reciprocity and it states that one should treat others the way they want to be treated.
Different religions overtime have the same principle embedded in their doctrines.
In the given scenario where a coworker told you to compete some work for him before leaving and you failed to do so, when the coworker is being reprimanded you should take responsibility for the paperwork and say you forgot.
This is only fair on your coworker seeing it wasn't his fault the work was not done.
Also when you treat people fairly you can also be expected to be treated fairly too.
Answer:
$4,100 Unfavorable
Explanation:
Data provided as per the question
Budgeted fixed overhead cost = $51,000
Actual fixed overhead cost = $55,100
The computation of the fixed manufacturing overhead budget variance is given below:-
Budget variance = Budgeted fixed overhead cost - Actual fixed overhead cost
= $51,000 - $55,100
= $4,100 Unfavorable
In the given question the right answer is not available. So, the right answer is $4,100 unfavorable.
Answer:
* The company’s degree of operating leverage: 1.38;
* The impact on net operating income of a 22% increase in sales: it will increase by 30.4%;
* New contribution format income statement:
Engberg Company
Contribution format income statement
Amount Percentage of sales
Sales $176,900 100%
Variable expenses 70,760 40%
Contribution margin 106,140 60%
Fixed expenses 24,000
Net operating income 82,140
Explanation:
* The company’s degree of operating leverage = Contribution / profit = 87,000/63,000 = 1.38
* The impact on net operating income of a 22% increase in sales is calculated as: Degree of operating leverage x % changes in sales revenue = 1.38 x 22% = 30.4%.
* new contribution format income statement is shown in the answer part.
Accountants record, classify, and <u>interpret</u> the results of the financial information they gather.
<h3>What are accountant?</h3>
An accountant is a professional who is in charge of keeping and analyzing financial records. Most accountants manage a wide range of financial tasks for both their individual clients and the bigger businesses and organizations that employ them.
It may not be clear what exactly this profession entails because the word "accountant" is commonly used in conjunction with a number of other titles. Even though the phrases "accountant" and "bookkeeper" are frequently used interchangeably, there are several key differences between the two.
Learn more about accountant
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