Answer: Option (C)
Explanation:
Mortgage-backed security is referred to as an investment which is quite similar to the bond that is formed from the accumulation of home loan which are bought from several commercial banks. The investors indulged in the Mortgage Based Security tend to earn a periodic payment which are similar to the bond coupon. These securities are often referred to as the conduits.
Answer:
Controllable Variance = $6,000 Unfavorable
Volume Variance = $4000 Unfavorable
Factory overhead cost variance = $10,000 Unfavorable
Explanation:
Controllable Variance = (Budgeted Factory Variable Overhead - Actual Factory Variable Overhead)
= ($234,000 - $240,000)
= $6,000 Unfavorable
Budgeted Factory Variable Overhead = ($394,000 - $160,000)
= $234,000
Volume Variance = (Standard Hours for Actual unit Produced - Standard Hour for normal Capacity) Fixed Factory Overhead)
=(19,500-20,000) × $8
= $4,000 Unfavorable
Controllable Variance = $6,000 Unfavorable
Volume Variance $4000 Unfavorable
Factory overhead cost variance = Controllable Variance + Volume Variance
= $6,000 + $4,000
= $10,000 Unfavorable
#1 goal-setting #2 decision-making
Answer:
C. include a credit to the equipment accumulated depreciation account.
Explanation:
Since Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should include a credit to the equipment accumulated depreciation account.
In Accounting, Depreciation can be defined as the decrease in the value of an asset (factory equipment, logistics tools etc) as a result of wear or tear, within a specific period of time. Depreciation is used for the allocation of cost to tangible assets with respect to its life expentency or within its useful life.
Its like an interaction between a company and its customers using website or apps and such