The financial statements of the Darlington Company report net sales of $500,000 and accounts receivable of $40,000 and $20,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Darlington?
Answer:
The Fixed overhead price is "U" (unfavorable) and the The fixed overhead production volume is "U" (unfavorable)
Explanation:
Solution
Given that:
Fixed overhead price Variance is computed as:
Fixed overhead price Variance = Actual - Budgeted
= 387,300 - 372,000
= 15,300 U
Thus,
The Fixed overhead production volume variance is computed as:
Fixed overhead production volume variance = = Budgeted - applied
= 372,000 - 361,200
= 10,800 U
Answer:
b. have reason to know of the cause of the failure.
If you don't set expectations high enough, too few customers will be willing to try your product. The result will be a tiny base of highly satisfied customers, which usually isn't enough to sustain a business it will happen <span>when a marketer falls into the trap of under promising</span>
Answer:
3. Units of work-in-process inventory
Explanation:
- The equivalent units of the production is an expression of the amount of the works done by manufacturers in the units of the outputs that are partially complete and the end of the accounting period
- Are found in the full and the partially completed units and these cost units are reported by the production department of the manufactures and that needs a process costing system.