Answer:
213 Unfavorable
Explanation:
Given that,
Direct labor-hours used to produce this output = 2,130
Actual variable overhead rate = $6.10 per hour
Variable overhead per hour = $6.00
The variable overhead rate variance for July:
= Direct labor-hours used to produce this output × (Actual variable overhead rate per hour - Variable overhead per hour)
= 2,130 × ($6.1 - $6)
= 213 Unfavorable
Answer:
Price of bond = $1,365.54
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>
Value of Bond = PV of interest + PV of RV
The value of bond for Orlando Builders Inc. can be worked out as follows:
Step 1
PV of interest payments
Semi annul interest payment
= 9% × 1000 × 1/2 = 45
Semi-annual yield = 5.80%/2 = 2.9
% per six months
Total period to maturity (in months)
= (2 × 19) = 38 periods
PV of interest =
45 × (1- (1+0.029)^(-21)/0.029)= 1028.087
Step 2
PV of Redemption Value
= 1000 × (1.029)^(-19×2) =337.45
Price of bond
= 1028.08 + 337.45 =1365.54
Price of bond = $1,365.54
Answer:
According to GAAP,Provide a disclosure on financial statements regarding the pending litigation
Explanation:
According to GAAP, Provide a disclosure on financial statements regarding the pending litigation.
A statement disclosure will communicate relevant information not captured in the statement itself to a company's stakeholders.
According to GAAP the financial statements must have disclosure notes.
the other choices are incorrect as they do not provide any defense or protective measure against the case filed.
Answer:
The correct answer is "Process change "
Explanation:
Process Change or Process Change Management is implemented when you identify a mistake or a process that doesn´t function in a better way. That means that you need to consider to change or modify an existing process to improve them, and what should be the goals or objectives of the change.
Answer:
The answer is: C) Net purchases plus beginning inventory equals merchandise available for sale
Explanation:
The best way to show how this equation works is by assigning values to the accounts;
- initial merchandise inventory was 2,000 units, at $10 per unit, total $20,000
- merchandise purchased was 4,000 units, at $10 per unit, total $40,000
How many units do we have available for sale, and at what cost?
We add initial merchandise inventory and merchandise purchased = 6,000 units at $10 per unit, total $60,000
