Answer:
Date Details Debit Credit
December 31, Employee benefits expense $41,150
Medical insurance payable $31,500
Employee Retirement program $9,650
payable
Working
= 31,500 + 9,650
= $41,150
Total Amount
Explanation:
Total Amount - $65.10
1 appetizer: $7.39=7.39
2 entrees: $16.99 each= 2 * 16.99=33.98
1 dessert: $5.29= 5.29
2 drinks: $2.30 each=4.6
cost = 7.39 + 33.98 + 5.29 + 4.6 =$51.26
7% tax = 51.26 * 0.07 = 3.5882
20% gratuity = 51.26 * 0.2= 10.252
Total cost = 51.26 + 3.5882 + 10.252 =65.1002
the total amount = $65.1
Please explain the question a little more, or what the answer are to pick from.
Answer:
$2,000 (Unfavorable)
Explanation:
Given that,
Actual Quantity = 4000 pounds of materials
Actual Rate = $2.20 a pound
Standard Quantity = 3,400 pounds
Standard Rate = $2 per pound
Total Materials price Variance:
= (Actual Quantity × Actual Rate) - (Standard Quantity × Standard Rate)
= (4,000 × $2.20) - (3,400 × $2)
= $8,800 - $6,800
= $2,000 (Unfavorable)
Answer:
Price will RISE, and the effect on quantity is ambiguous.
Explanation:
Based on the scenario being described within the question it can be said that this would most likely cause prices to rise, while the effect on quantity is ambigious, meaning that it depends on many different factors and point of views. Mainly prices will rise due to all the material costs needed in the production of oak tables rising.
