Answer:it is use to communicate a message yo a specific group usually for the purpose of marketing or a kind of advocacy
Explanation:
Answer:
the depreciation expense for the year 2021 and the book value for the year 2021 is $21,600 and $32,400 respectively
Explanation:
The computation of the depreciation expense for the year 2021 and the book value for the year 2021 under double-declining method is given below:
The depreciation expense is
= $54,000 × 1 ÷ 5 × 2
= $21,600
Now the book value is
= $54,000 - $21,600
= $32,400
hence, the depreciation expense for the year 2021 and the book value for the year 2021 is $21,600 and $32,400 respectively
Answer:
The company records the investment by the entry:
(D) debit Cash and credit Owner's Equity
Explanation:
Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.
In the case, the company that he invested received cash from Mr. Decker.
The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:
Debit Cash $20,000
Credit Owner's Equity $20,000
Answer: The process of capability index is 1.03
Answer:
See below
Explanation:
a. Price variance
= (Actual price - Standard price) × Actual material
= ($15.12 - $14.40) × 44,600
= $0.72 × 44,600
= $32,112 Unfavourable
b. Quantity variance
= (Actual quantity - Standard quantity) × Standard price
= [44,600 - (6,500 × 7) ] × $14.40
= (44,600 - 45,500) × $14.40
= -900 × $14.40
= $12,960 Favourable
C. Cost variance
= Actual cost - Standard cost
= (44,600 × $15.12) - (7 × 6,500 × $14.40)
= $674,352 - $655,200
= $19,152Unfavourable
