Answer: $4,262.50
Explanation:
The total expected cost would be the total expected values of the insurance given the probability that Jim might die.
= ∑expected value at 60,61, 62, 63, 64
= (0.01054 * 50,000) + (0.01447 * 50,000) + (0.01645 * 50,000) + (0.02068 * 50,000) + (0.02311 * 50,000)
= $4,262.50
Answer:
Variable overhead efficiency variance = $798.36 unfavorable
Explanation:
<em>Variable overhead efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours for same multiplied by the standard variable overhead rate</em>
Since the variable overhead is charged using machine hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
<em>Overhead absorption rate =Estimated overhead/estimated machine hours</em>
105,300/5,500 machine hours = $19.14 per machine hour
$
5,580 hours should have cost (5,580× 19.14) 106,831.6
but did cost (actual cost ) <u> 107,630 </u>
Variable overhead efficiency variance. <u>798.36 </u>unfavorable
<em>Variable overhead efficiency variance = $798.36 unfavorable</em>
The correct answer is - B) a regional organization prompting growth in Southeast Asia.
ASEAN is an organization in Southeast Asia that has as a main goal to promote the growth of the region through collaboration and support between the countries in this region.
This organization has its sights set on a future organization in the manner of the European Union, where there will be a single Southeast Asia market, and the countries will act as a unit.
It is an organization that has ten members, Brunei, Cambodia, Indonesia, Malaysia, Thailand, Vietnam, Laos, Myanmar, Philippines, and Singapore.
Answer:
is a ethical frame work and suggest that an individual has
Answer:
Part A. $8514
Part B. Purchase Return
Explanation:
Part A. The cash required to payment is the inventory purchases after the sales return. And here the inventory purchases after purchase return are:
Purchases after purchase return = $9,900 - $1,300 = $8600
Now the discount available is 1%
So this implies:
Cash required = $8600 * (100-1)% = $8,514
Part B. Now the double entry under perpetual inventory system would be:
Dr Accounts Payables $86
Cr Purchase Return $86