Business, 02.12.2019 18:31, idontknowwhyiam
The following describes production activities of mercer manufacturing for the year.
actual direct materials used 29,000 lbs. at $5.10 per lb. actual direct labor used 8,100 hours for a total of $164,430 actual units produced 48,000 budgeted standards for each unit produced are 0.50 pound of direct material at $5.05 per pound and 10 minutes of direct labor at $22.00 per hour. ah = actual hours sh = standard hours ar = actual rate sr = standard rate aq = actual quantity sq = standard quantity ap = actual price sp = standard price
(1) compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. round "cost per unit" answers to 2 decimal places.)
(2) compute the direct labor rate and efficiency variances and classify each as favorable or unfavorable. (indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.)
Answers: 3
Business, 22.06.2019 00:10, laya35
What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?
Answers: 1
Business, 22.06.2019 02:30, simplydimps22owbohb
Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
Answers: 3
Business, 22.06.2019 06:00, StephanieQueen2003
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. rahal's accounts receivable at december 31, 2018, are:
Answers: 2
The following describes production activities of mercer manufacturing for the year.
act...
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