Answer:
$600 unfavorable
Explanation:
The budgeted cost of producing 14,000 units at $5.50 per unit and with fixed costs of $19,400 is:
The variance is given by subtracting the budgeted cost by the actual cost ($97,000):
Since the variance is negative, the variance is unfavorable
When we say arbitration, this is when there is a signed contract involved between two parties in order to settle a particular dispute. Arbitration is different from mediation in a way that arbitration is legally binding. The answer is option D. Hope this helps.
Answer:
The answer is: Signal will not succeed on their claims.
Explanation:
In order for acceptance of a product to be valid, the buyer must accept the products after inspection and give formal acceptance, or fail to reject the products after a reasonable time for inspection. Only after the products are accepted does the buyer lose any rights to revoke acceptance.
In this case, Turner accepted the TVs based on Signal's promise that they were in perfect condition, but after inspection, Turner can revoke that acceptance do to damages on the products.
Both companies agreed that the payment should be done upon delivery, but there was no specific payment method. Turner tried to pay with a check that Signal rejected. Signal cannot demand a cash payment because a check is a valid payment.
Answer:
$250
Explanation:
Computation of cash flows from investing activities under GAAP.
The Purchase of used equipment as well as the sale of investments often affect cash flow from operating activities.
Therefore,
Sale of investments $450
Less Purchase of used equipment (Cash outflow) ($200)
Cash flow from investing activity $250
Therefore the cash flows from investing activities under GAAP would be $250
Answer:
Correct option is E.
Explanation:
There is not enough information to calculate the amount.
Net operating asset= Operating Assets - Operating Liabilities
=$5489 Million - $2066 Million
=$3423 Million
Hence Average net operating assets can't be calculated by given information.
