Answer:
Efficiency varaince 6,000 unfavorable.
Explanation:
std hours 27,500.00 (22.000 units x 1.25 units per hour)
actual hours 28,000.00
std rate $ 12.00
difference -500.00
efficiency variance $ (6,000.00)
Answer:
ABC's retained earnings balance at the end of April is $11,400
Explanation:
The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries
Net income for the month=$2,000+$900-$800-$700=$1400
Retained earnings at month end=opening retained earnings+net income
Retained earnings at month end=$10,000+$1,400=$11,400
Answer:
Cash flow from from financing activities = $490
Explanation:
<em>The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest. </em>
Cash flow $
issue of long term debt 410
Cash dividend paid (20)
Capital stock issued <u>100
</u>
Net cash from financing activ. <u>490</u>
Cash flow from from financing activities = $490
Answer:
The correct answer is letter "B": a price increase results in higher profits; otherwise, the market is too narrow.
Explanation:
When firms are interested in acquisitions or mergers they have to determine if the target company is part of a relevant market. The term refers to the competitive conditions that offer the economy where the target company is located. The relevant market also considers the type of product or service the target company offers.
<em>Relevant markets optimal for mergers are those where an increase in prices generates more revenue for firms. If there are too many competitors offering undifferentiated products, the market will not allow organizations to profit from price increases. Those markets, then, are too narrow.</em>
Answer:
Option B 36 months
Explanation:
The reason is that it meets both the budget requirement which is it must be under $250 and must be the one that pays the principle and the interest amount as quickly as possible. So if Markel choses the option with monthly instalments made within 36 which is under $250 then it will also enable him to pay his liabilities as early as possible.