Answer:
The Net Cash <em>used</em> in Financing activities is $30,800
Explanation:
<em>Step 1 Determine the Movement in Cash during the period.</em>
Movement = Ending Cash Balance - Beginning Cash Balance \
= 18,200 - 11,600
= 6,600 (inflow)
<em>Step 2 Determine the Cash flow in Financing Activities </em>
<u>Cash flow statement for the year</u>
Cash flow from Operating Activities $29,000
Net Cash flow from Investing Activities $ 8,400
Net Cash flow from Financing Activities (Balancing figure) ($30,800)
Movement in Cash during the year $6,600
Therefore, The Net Cash used in Financing activities is $30,800
Answer:
D. Administrative costs are always relevant.
Explanation:
As Shelby is considering whether to drop a product line from her business. Some administrative costs are always being allocated to the product line but will not change in total if Shelby decides to drop the product line. Administrative costs are always relevant. Administrative costs can be defined as the costs and expenses which are not directly related to any specific department like sales, manufacturing or marketing etc. These are the costs which are related to the company as a whole like, salaries of employees, expenses linked withe the general services like IT and accounting etc. These costs have no linkage with the gross margin. On the other hand, we can define a relevant cost that gives us a differences between two options and alternatives and it can be avoided by choosing one option over another. Therefore, Shelly should take this fact into account because administrative costs are very much relevant and important as well in order to make this particular decision about the product line.
Answer:
A. Advertising
Explanation:
Advertising is a paid form of non-personal communication targeted to an audience and usually employed by business men to promote their goods and services. The mass media which includes; radio, television, newspapers, e-mail are the means though which products can be advertised.
The description of what Xander wants to do which includes paying for the non-personal message which would be communicated through mass media, fit the description of advertising.
Answer: c.) Yes, the process is in control.
Explanation:
For the process to be in control, the number of defects have to be between the Upper Control Limit and the Lower Control limits of the c-chart which can be used to measure defects of irregularities per unit.;
UCL = C-bar + z*√(c-bar)
LCL = C-bar - z*√(c-bar)
C - Bar = 
C - Bar = 
C - Bar = 4.375
z = 3 when using the 3 sigma control
UCL = C-bar + z*√(c-bar)
UCL = 4.375 + 3 * √(4.375)
UCL = 10.65
LCL = C-bar - z*√(c-bar)
LCL = 4.375 - 3 * √(4.375)
LCL = -1.9
LCL = 0 (Lower limit minimum should be 0 at least)
Defects are within the control limits. The process is in control.
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
