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3 years ago

Which of the following statements is CORRECT?

Business

1 answer:

Oduvanchick [21]3 years ago

5 0

Answer:

d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.

Explanation:

In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year

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Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 5,000 toy action figures to be

Karo-lina-s [1.5K]

Answer:

DM quantity (1,100.00)

DL rate 0

Explanation:

Direct Materials:

<u>First, we need to calculate standard and actual quantity</u>

Direct Materials $50,000

standard cost $4

Standard quantity for 5,000

50,000 / 4 = 12,500

Quantity per unit 12,500 / 5,000 = 2.5

Standard quantity for 4,850

4,850 x 2.5 = 12,125

Actual quantity $49,600

$49,600 / $4 each = 12,400 pounds

$(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance$

std quantity 12125.00

actual quantity 12400.00

std cost $4.00

$(12125-12400) \times 4 = DM \: quantity \: variance$

efficiency variance $(1,100.00)

<u>Labor Rate Variance</u>

"there were no direct materials price or direct labor rate variance for June"

The price keep at the same level, so the DL rate variance is zero.

3 0

3 years ago

An employee that only has the authority to use the employer's credit card for business expenses has what kind of relationship?

Andrew [12]

Answer:

a. Universal agent

Explanation:

The universal agent is an employee that has been appointed by the employer to do particular task. It could be appointed via power of attorney through which he can perform all types of functions

Therefore as per the given situation since the employee can use the credit card of the employer for the business expense so this represent that the relationship is of universal agent

hence, the correct option is a.

3 0

3 years ago

in a mass production of machining the cutting speeds are 100,200, 300 ft./minute and the corresponding production rates (P) are

liq [111]

Answer:

The best production speed = 300ft/minute

18000/10 = 1800ft/part hr

Explanation:

Cut Speed A = 100ft/minute

Cut speed B = 200ft/minute

Cut speed C = 300ft/minute

Since 60 minutes = 1 hour

Machine works for one hour

Total length with cut for speed A = 60* 100 = 6000ft

Total length with cut speed B = 200 *60 = 12000ft

Total length with cut speed C = 300 * 60 = 18000ft

Number of 8 part in length A = 6000/8 = 750ft/part hr

Number of 12 parts in length B = 12000/12 = 1000ft/part hr

Number of 10 parts in length C =

18000/10 = 1800ft/part hr

3 0

3 years ago

A high price-earnings ratio for a stock indicates that either the stock is a. overvalued or people are relatively pessimistic ab

exis [7]

A high price-earnings ratio for a stock indicates that either the stock is overvalued or people are relatively optimistic about the corporation's prospects.

<h3>What is the price-earnings ratio?</h3>

The price-earnings ratio refers to the ratio of a company's share price to the company's earnings per share. The ratio is used for valuing companies.

The overvalued or people that are relatively optimistic about the corporation's prospects are indicated by a high price-earnings ratio for a stock.

Therefore, D is the correct option.

Learn more about the price-earnings ratio here:

brainly.com/question/15520260

#SPJ1

8 0

2 years ago

Wu Company incurred $117,000 of fixed cost and $132,600 of variable cost when 3,400 units of product were made and sold. If the

Setler79 [48]

Answer:

If the company's volume increases to 3,900 units, the total cost per unit will be $69 per unit

Explanation:

Variable cost per unit = variable cost/3,400 = $132,600/3,400 = $39

If the company's volume increases to 3,900 units:

Total Variable cost = Variable cost per unit x 3,900 = $39 x 3,900 = $152,100

Total fixed cost will not change = $117,000

Total cost = Total Variable cost + Total fixed cost = $152,100 + $117,000 = $269,100

The total cost per unit = Total cost/3,900 = $269,100/3,900 = $69 per unit.

6 0

3 years ago