Answer:
37 F
Explanation:
Direct materials Quantity variance 597 F
Less: Direct materials Price variance 560 U
Direct materials Flexible Budget variance 37 F
Answer:
Book keeping is the activity of keeping records of the financial affairs in a business.
hope it helps!
Answer and Explanation:
The journal entry required to close the expense account is given below:
Income summary Dr $33,520
To Wages Expense $19,000
To Depreciation Expense $1,800
To Utilities Expense $320
To Insurance Expense $700
To Maintenance Expense $9,000
To Income Tax Expense $2,700
(being the expenses accounts are closed)
Answer:
c. outstanding
Explanation:
The cash dividend is paid based on the outstanding shares. The outstanding shares are computed below:
Outstanding shares = Issued shares - treasury shares
Simply we deduct the treasury shares from the issued shares so that the outstanding shares can come and after that, the cash dividend could be computed
So, cash dividend is based on the outstanding shares
