Answer:
The company paid a lower cost per hour for labor than allowed by the standards.
Explanation:
<em>The labour cost variance is the difference between the standard labour cost allowed for the actual hours worked and the actual labor cost for the same hours</em>
<em>The labour cost variance compares the actual cost and the standard cost for the actual labour hours paid for.</em>
Hence , Poseidon Marine Stores Company would have paid a sum for labour cost which is lower than the standard cost.
The company paid a lower cost per hour for labor than allowed by the standards.
Answer:
D. The registered representative should decline the transaction
Explanation:
Based on the information provided within the question it can be said that the representative should decline the transaction. When dealing with money and financial accounts the representative that will handle these types of transactions needs to sit down with the owner and new recipient of the account as well as see identification from both and have them sign authorization paperwork. These are safety measures in place so that a stranger isn't able to just call and take ownership of an account.
Answer:
Not involved In the production process
Eg. Selling expenses or advertising expenses
Answer:
sale is $4000
Explanation:
given data
margin ratio = 25%
sales = $260,000
operating profit = $66,000
solution
we get here Break even sales that is express as
Break even sales = Fixed expense ÷ Contribution Margin Ratio ...........1
put here value
$260,000 = Fixed Expenses ÷ 25%
Fixed Expenses = $65000
so here we consider sale is = x
we know net income is express as
Net Income = Contribution - Fixed Expenses ................2
so Contribution = 25% x
put value in equation 2
25% x - $65000 = $66,000
solve it we get
x = 4000
so sale is $4000
Answer:
Capacity Planning
Explanation:
Capacity planning is the process that measures the capacity of the production required by an organization in order to meet the demand i.e. changes for their products
So as per the given situation the company that has sufficient capability to meet the demand represent the capacity planning
hence, the capacity planning is the answer