Answer:
$135 Unfavorable
Explanation:
The computation of total variance is shown below:-
For computing the total variance first we need to find out the actual price which is below:-
Actual price = Total cost ÷ Actual quantity
= $18,135 ÷ 3,100
= $5.85 pound
Now,
Total variance = Standard quantity × Standard price - Actual quantity × Actual price
= (($2,000 × 1.5) × $6) - 3,100 × $5.85
= 3,000 × $6 - 3,100 × $5.85
= $18,000 - $18135
= $135 Unfavorable.
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Answer:
a. The amount refund owed to the customer is : $29,792
b. To record the refund and the return of merchandise:
Dr Sales returned and Allowances $30,400
Cr Sales Discounts $608
Cr Cash $29,792
(to record the refund of $30,400 sales with sales discount of $608 made)
Dr Merchandise Inventory $13,060
Cr Cost of Merchandise sold $13,060
(to record the impact of the $30,400 sales refund on cost of merchandise sold and merchandise inventory)
Explanation:
- Further explanation for sell discounts calculation:
As the terms is 2/10, total discount had been given as calculated below:
$30,400 x 2% = $608.
Answer:
These are the options for the question:
a) A negative cash flow from operating activities
b) A negative cash flow from investing activities
c) A significant positive cash flow from financing activities
And this is the correct answer:
a) A negative cash flow from operating activities
Explanation:
Declining companies are characterized by a lack of revenue from regular operating activities.
If cash flow from operating activities is negative, it means that the company is not making enough money to meet its obligations, and that will likely cease to exist in the near future unless big changes happen.
Answer:
The correct answer is option D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.
Business research can help organizations to come up with solutions that can help them grow out of problems related to any section of the business. Enough data needs to be collected so the problem can be analysed properly and the solution can be figured out in a productive manner.