Answer:
Debit Cost of Goods Sold $710
Credit Material Price Variance $40
Credit Material Usage Variance $225
Credit Labor Rate Variance $110
Credit Labor Efficiency Variance $335
Step-by-step explanation:
Preparation of the journal entry to be passed by Theta Company at the end of the month of February to close the variances
Debit Cost of Goods Sold $710
($40+$225+$110+$335)
Credit Material Price Variance $40
Credit Material Usage Variance $225
Credit Labor Rate Variance $110
Credit Labor Efficiency Variance $335
(To close the variances)
9.88,10.19,11.15,11.70,12.01,12.46,13.22,13.29,14.00,14.38,14.50,14.50,15.14,15.16,15.16,15.16,15.54,15.96,16.20,16.22,16.44,17.
Arada [10]
You can use this website called Quartile Calculator to answer this question. You just have to type in the numbers. <span />
First term(a)=2
D=8
Now
t13=a*12D
=2*12*8=192
Answer= 192
Answer: 14.29 or rounded up to 15%
Step-by-step explanation:
525 - 450 = 75
You need at least $75 off the price to have enough money.
75/525 = x/100
Solve for X
75 * 100 = 7500
7500/525 = 14.2857143
If answer should be a whole percentage you would need the discount to be 15% in order to not fall short on funds.