Answer:
11.97%
Explanation:
Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.
Total assets = Net fixed assets + Current assets
= $544 + $300
= $844
Common size statement value of inventory = Inventory ÷ Total assets
= $101 ÷ $844
= 0.1197
= 11.97%
A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is an example of reward power.
<h3>What is reward power?</h3>
This is a term that is used formally in the workplace to refer to a power that has been given by people to give out rewards to other workers in the workplace.
A supervisor who gives incentives to workers is an example of a person that holds such a power.
Raed more on reward power here:
brainly.com/question/4068765
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Answer:
The correct answer is False.
Explanation:
Schedule M-1 is required when the gross income of corporations or their total assets at the end of the year is greater than $ 250,000.
Schedule M-3 asks certain questions about the financial statements of the corporation and reconciles the net income (loss) of the financial statements for the corporation (or group of consolidated financial statements, if applicable).
Answer:
The correct option is D
Cash collected in March = $51,000
Explanation
<em>The total cash coming for March would be determined as follows:</em>
Month of sales = 45% of march sales =(35%× 40,000) = 14,000
Month following month of sales = 45%× February sales = 45%×60,000=27,000
Second month after sales = 20% × January sales = 20%× 50,000= 10,000
Total cash for march = 14,000
+ 27,000 +10,000
= 51,000
Answer:
The correct answer is option (c) the company used more labor hours than allowed by the standards.
Explanation:
The efficiency of direct labor difference tells that how efficiently direct labor has worked. If it is not favorable, it suggest that direct labor has used more labor hours than permitted by standard.
In this example given, the question direct labor difference or variance is unfavorable 17000U, it means that, direct labor was done inefficiently and has used 1000 hrs (21000-2000)more than normal standard practice or way.
