Answer:
$394 U
Explanation:
Calculation for the activity variance for vehicle operating cost in February would be
First step is to calculate the Flexible budget
Flexible budget= $1,880 + ($394 × 14)
Flexible budget=$7,396
Second step is to calculate the Planning budget
Planning budget= $1,880 + ($394 × 13)
Planning budget=$7,002
Last step is to calculate the activity variance for vehicle operating cost in Februar
Activity variance=Flexible budget $7,396-Planning budget $7,002
Activity variance=$394 U
Therefore The activity variance for vehicle operating cost in February would be closest to $394 U.
Answer:
Need not make any special disclosure
Explanation:
The reason is that it is not a parent-subsidiary transaction which means if the group as a whole trade with each other then they must add a special disclosure in the financial statement otherwise it must be neglected. The company must not specially disclose small borrowings from the lenders when it is presenting that figure in the financial statement borrowing figures. If the transaction is between the group or the borrowings are prominent it must be disclosed separately in the note to financial statement.
Answer:
The answer is 'it increases the number of shares outstanding'
Explanation:
Stock split increases the number of shares outstanding. It causes dilution of earnings per share.
For example, ABC Inc. has 50,000 shares outstanding and it announces a stock split of 3-for- 1.
This means that any shareholder that has 1 will exchange that 1 share for 3 shares. So at the end of the stock split the total number of shares outstanding will be 150,000 shares (50,000 x 3)
Answer:
Predetermined manufacturing overhead rate= $22.2 per direct labor hour
Explanation:
Giving the following information:
Fixed manufacturing overhead= $127,840 per month
Estimated direct labor hours= 9,400
The variable overhead rate is $8.60 per direct labor hour
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (127,840 / 9,400) + 8.6
Predetermined manufacturing overhead rate= $22.2 per direct labor hour
Answer:
d. Behavior Observation Scale
Explanation:
She uses the Behavior Observation Scale which refers to an appraisal method that measures behavior against levels of performance and also measures the frequency with which the behaviors occur as here Zoe would like to terminate the employee who is always busy on her cell phone and not focusing on her work, therefore,<em> she is measuring the frequency of behavior of that employee so that she can share that information with the employee</em>.
