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3 years ago

What is another term for liability? A. asset B. notes C. debt D. accounts

Business

1 answer:

Fiesta28 [93]3 years ago

6 0

Answer:

Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3

Explanation:

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Concord Corporation planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per

Greeley [361]

Answer:

Total Material Variance = $10,060 Unfavorable

Explanation:

Provided Information,

Standard budgeted unit of raw material = 1 yard

Standard price per unit = $91.00

Actual price per yard = $91.00

Actual units produced = 4,600

Actual yards of plastic used = 4,660 yards

Standard yards for actual production = 4,600 $\times$ 1 yard = 4,600

Total Material Variance = Standard Cost for actual output - Actual Cost

Standard Cost = 4,600 $\times$ $90 = $414,000

Actual Cost = 4,660 $\times$ $91 = $424,060

Total Material Variance = $414,000 - $424,060 = - $10,060

Since value is negative as actual cost is more than budgeted, the variance is unfavorable.

Final Answer

Total Material Variance = $10,060 Unfavorable

8 0

3 years ago

The employment process is carried out by which department?

Studentka2010 [4]

Answer:

Understanding the Federal Hiring Process | U.S. Department of Labor.

5 0

2 years ago

Which of the following is an example of traditional management?

arsen [322]

Not sure what the choices are, but traditional management is where goals and objectives are created at the top and employees are in charge of meeting them and for the quality of the product. This is opposed to a quality - focused management style which is more collaborative with customers to achieve continuous improvement of your product and/or service.

3 0

3 years ago

Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inven

belka [17]

Answer:

The total equivalent units for direct materials for October is 4,200

Explanation:

The Concept of Equivalent Units measures the number of units completed in terms of input element introduced in the process.

The Equivalent Units are Calculated on the units ending that is on the Units Completed and Units of Closing Work in Process

Note that materials are added at the beginning of the process

<u>Units Completed</u>

Are 100% complete in terms of Raw Materials

Equivalent units = 3900 × 100 % = 3900

<u>Units of Closing Work in Process</u>

Are 100% complete in terms of Raw Materials

Equivalent units = 30 × 100 % = 300

Total Equivalent Units = 3900+300 = 4,200

6 0

3 years ago

Which wholesaler's channel function is demonstrated when a buyer receives quicker delivery because wholesalers are located close

Bess [88]

Answer:

E. transportation

Explanation:

The wholesaler is one of the middle-men in the channel of distribution that stands between the producer and the retailer in bulk breaking, he buys in bulk from the producers and sell to the retailer.

One of the functions of the wholesaler in the distribution value chain is the transportation of goods from manufacturer's warehouse to his warehouse at his own cost, thereby bringing the products closer to the consumers.

4 0

3 years ago