Answer:
identifying data required to validate a concept
Answer:
This periods end assets to be overstated
Explanation:
As inventory is summarized in the assets if the final inventory is overstated it will generate an overstate in the following years.
Answer:
in my best defence, the answer is 22
Explanation:
0.08x+0.085 (10000-x)=842.50
Solve for x
X= 1500 invested at 8%
10000-1500=8,500 at 8.5%
Answer:
See below
Explanation:
The below shows the calculation of variance
Budgeted direct labor (per unit) 0.60
Units 2,000
Budgeted direct total labor (hrs) 1,200
Actual hours 1,160
Standard rate $17
Direct labor efficiency variance
The direct labor efficiency variance
= (Budgeted hours - Actual hours) × Standard rate
= (1,200 - 1,160) × $18
= $720 favourable
