Answer and Explanation:
The computation of the direct labor efficiency variance is shown below;
= Standard Rate × (Standard Hours - Actual Hours)
= $22.50 × (4,760 Units × 2 hours per unit - 8,900)
= $13,950 Favourable
Hence, the direct labor efficiency variance is $13,950 favorable
We simply applied the above formula so that the correct amount could come
Answer: $3,400
Explanation:
Gross Profit = Sales revenue - Cost of Goods sold
Cost of good sold = Opening stock + Purchases of inventory - Closing stock of inventory
= 0 + 4,400 - 1,800
= $2,600
Gross Profit = 6,000 - 2,600
= $3,400
Solution :
Expected sales = current sales x (1 + projected sale next year increase)
= 5,700 x (1 + 15%)
= $ 6555
Expected cost = current cost x (1 + projected sale next year increase)
= 4200 x (1 + 15%)
= $ 4830
Taxable income = 1500 x ( 1 + 15%)
= $ 1725
Taxes (34%) = 510 x (1+15%)
= $ 586.5
Net income = sales - cost - taxes
= 6555 - 4830 - 586.5
= $ 1138.5
Calculation of total asset :
Current asset = 3,900 x 1.15
= $ 4485
Fixed asset = 8100 x 1.15
= $ 9315
Total asset = 4485 + 9315
= $ 13800
Calculation of total liabilities
Current liabilities = 2200 x 1.15
= $ 2530
Long term debt = $ 3,750
Equity = $ 6050 + (1138.5 x 0.50 )
= $ 7189
Total liabilities = $ 2530 + $ 3,750 + $ 7189
= $ 13, 469
Therefore the external financial needed is = $ 13800 - $ 13, 469
= $ 331
Answer:
Option D is correct.
Explanation:
Every single offered proclamation are right is the response in light of the fact that under the Double-declining-balance depreciation since it has more devaluation costs when contrasted with different strategies for depreciation.It isn't taking the leftover worth while figuring the deterioration it considers at end year depreciation is determined by taking the distinction of a year ago equalization and rescue value.Under this strategy deterioration is determined on balance measure of depreciation or book value of assets.
Answer:
The answer is
A: Aggregate price level increases and aggregate output decreases
B. Both aggregate price level aggregate output increases
C. Aggregate price level increases and aggregate output decreases
Explanation:
A. This government action will increase the aggregate price level increases due to inflation. Aggregate output will decrease due to the increase in cost of product (high wage to labor)
B. Because of the increased spending Investment in solar program, both aggregate output and aggregate price level increase.
C. Due to the severe weather destroyed crops, aggregate price level increases and aggregate output decreases. This happened because there will be decrease in supply of crops.
