<span>A team that meets to solve a one time problem is called a special purpose team. when there is a unusual problem or an emergency problem that can't be solved by a responsible person a team will be formed to solve. it is temporary and dissolved once the problem is solved.</span>
Answer:
the labor rate variance for the month is $1,605 favorable
Explanation:
The computation of the labor rate variance for the month is shown below:
= Actual labor cost - (standard rate × actual hours)
= $167,455 - ($15.80 × 10,700 hours)
= $167,455 - $169,060
= $1,605 favorable
hence, the labor rate variance for the month is $1,605 favorable
Under the balance sheet approach, the adjusted balance of the Allowance for Doubtful Accounts should be based on the aging of the receivables. The aging of the receivables provides<span> the amount of uncollectible receivable (ending balance). Therefore, the adjusting balance of ADA would be $1,900.</span>
Answer:
$53,300
Explanation:
Given that,
Common Stock account = $44,400
Beginning retained earnings = $32,600
Net income = $35,500
Dividend declared and paid = $14,800
Retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividend declared and paid
= $32,600 + $35,500 - $14,800
= $53,300
Therefore, the retained earnings at the end of the year is $53,300.
It is critical for an organization to understand that eventually a product will go into the decline stage prepare to find replacement products.
<h3>What is the decline stage of the product?</h3>
Decline stage is the last stage of the product life cycle which comes after the after introductory stage, growth stage and maturity stage.
It is the stage when the sales drop and start to decline as original need for the product have diminished.
Decline is also the reason due to the innovation of the new product.
Learn more about the decline stage of a product here:-
brainly.com/question/6960017
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