Answer:
The direct materials flexible budget variance for ammonia is $7,000 Unfavorable
Explanation:
In order to calculate the direct materials flexible budget variance for ammonia first we need to Calculate Direct Material Price Variance as follos:
Direct Material Price Variance = Actual Material Purchased(Actual Rate - Standard Rate)
Direct Material Price Variance = 1,400 * ($1.50 - $1.00)
= $700 (Unfavorable)
Therefore, in order to calculate the Direct Material Flexible Budget Variance we would have to use the folloiwng formula:
Direct Material Flexible Budget Variance = Direct Material Price Variance + Direct Material Quantity Variance
Flexible Budget Variance for Ammonia = $700 (U) + $6,300 (U)
= $7,000 (Unfavorable)
The direct materials flexible budget variance for ammonia is $7,000 Unfavorable
Answer:
$226,000
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $240,000
Adjustment made:
Less: Increase in accounts receivable - $9000 ($41,500 -$32,500)
Less: Decrease in accounts payable -$5,000 ($54,000 - $59,000)
Total of Adjustments - $14,000
Net Cash flow from Operating activities $226,000
Answer:
$2,000
Explanation:
The computation of the profit in case of Product B processed further is shown below:
Sales value if processed further $35,000
Less: Sales value at Split-Off $30,000
Incremental revenue $5,000
Less: Additional costs $3,000
Incremental income $2,000
First we have to find out the incremental revenue after that deduct the additional cost so that the incremental income or we can say profit could arrive
Answer:" Professional education is a formalized approach to specialized training in a professional school through which participants acquire content knowledge and learn to apply techniques. Although content is what the participant is expected to learn by attending professional school, such an education also helps the participant acquire the competencies needed for proper practice and behavior."
Explanation:
