Answer:
C. Liabilities that do not have a fixed due date, but are payable on demand, are reported as long-term liabilities.
Explanation:
The liabilities are the responsibility with regard to the amount that is borrowed by someone from any other person or financial institution. It is a responsibility of a person to return the borrowed amount within the prescribed time along with the interest. Its time period is more than one year
Based on the given options, the option A, B and D are correct but option D is not correct as they have the specified date
Hence, the option C is correct
Answer:
Newbill's labour rate variance
= (Standard rate - Actual rate) x Actual hours worked
= ($19.60 - $19.40) x 26,000 hours
= $5,200(F)
Actual rate
= <u>Actual payroll cost</u>
Actual hours worked
= <u>$504,400</u>
26,000 hours
= $19.40
Explanation:
Labour rate variance is the difference between standard rate and actual rate multiplied by actual hours worked. Actual rate is actual payroll cost divided by actual hours worked.
That sounds good but you need to do good in school to do that I think
Answer:
Yes, Because when its online anyone can bully you. You do not know who they are so things can be much more complicated. Online bullying also allows for it to happen even at your own house, unlike normal bullying.
Explanation:
Though this is opinion, I will still awnser anyways! :D
Answer:
$30.59
Explanation:
<em>Note that the FIFO method is used for this question</em>
Equivalent Units
Materials = 5,200 x 100 % + 300 x 100 % = 5,500
Conversion Costs = 400 x 55 % + 5,200 x 100 % + 300 x 35 % = 5,525
Total Costs
Materials = $25,200
Conversion Costs = $143,700
Cost per Equivalent unit
Materials = $25,200/5,500 = $4.58
Conversion Costs = $143,700/5,525 = $26.01
Total Cost = $4.58 + $26.01 = $30.59
<u>Conclusion</u>
The cost of completing a unit during the current period was $30.59