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dimulka [17.4K]
3 years ago
8

Davidson Corp. produces a single product: fireproof safety deposit boxes for home use.

Business
1 answer:
Law Incorporation [45]3 years ago
5 0

Answer:

Sales price variance= $121,410 unfavorable

Explanation:

Giving the following information:

Standard selling price= $71

Actual selling price= 71*0.9= $63.9

Actual number of units sold= 18,000*0.95= 17,100

<u>To calculate the selling price variance, we need to use the following formula:</u>

Sales price variance= (standard price - actual price)*actual quantity

Sales price variance= (71 - 63.9)*17,100

Sales price variance= $121,410 unfavorable

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Ellen, a manager at a marketing firm, noticed that one of her subordinates, who is usually good-natured, has been moody, irritab
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Answer:

b. burnout

Explanation:

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According to this, the answer is that such symptoms are most likely an indication that the subordinate is experiencing burnout because it appears when a person has a lot of stress which results in being in a bad mood, unmotivated and the person neglects the job.

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3 years ago
Rachel's Designs has 1,100 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining
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Answer:

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Cumulative preferred stock dividends accrue and becomes payable when the reporting entity has favourable cash flows. Rachael Designs plans to make payment of $13,000 dividends in 2021. As the annual cumulative preferred dividend is $3,850 (1,100 shares x $50 x 7%), the amount due over three years will be $3,850 x 3 whcih is $11,550. Thus, out of the proposed cash outflow of $13,000, the amount of $11,550 will be paid to cumulative preferred stock holders while only $1,450 will be paid to the common stock holders.

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4 years ago
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3 years ago
The bank forecloses on Lisa's apartment complex. The property had been pledged as security on a nonrecourse mortgage, whose prin
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Based on the information given in the question, Lisa's recognized gain or loss will be calculated as the difference between the amount that's realized and the adjusted basis. This will be:

Recognized gain will be:

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