The​ ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.

Answers

Answer 1
Direct labor rate variance

Related Questions

Explain how Nike came to that situation through its expansion strategy

Answers

Answer:

Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share

Explanation:

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supposing mr john started business with 1,000,000 report financial 70,000 machineries 50,000 goods 500,000 rentage 200,000 what is the capital of the business? supposing Mr John took away 100,000 for his personal use it is called what? according to business entity capital is called what? according to business entity concept what are the assets of the company ​

Answers

ANSWER:

An accounting transaction is a business activity or event that causes a measurable change in the accounting equation. An exchange of cash for merchandise is a transaction. Merely placing an order for goods is not a recordable transaction because no exchange has taken place. In the coming sections, you will learn more about the different kinds of financial statements accountants generate for businesses.

In the previous section we described specific types of accounts that business activities fall into, namely:

Assets (what it owns)

Liabilities (what it owes to others)

Equity (the difference between assets and liabilities or what it owes to the owners)

These are the building blocks of the basic accounting equation. The accounting equation is:

ASSETS = LIABILITIES + EQUITY

For Example:

A sole proprietorship business owes $12,000 and you, the owner personally invested $100,000 of your own cash into the business. The assets owned by the business will then be calculated as:

$12,000 (what it owes) + $100,000 (what you invested) = $112,000 (what the company has in assets)

Najah, a management researcher, conducted an experiment with the goal of confirming or contradicting the behavioral leadership approach. Najah spent many days following managers around while they worked. Like the Ohio State University and University of Michigan studies, Najah’s data showed that most managers focus on

a. tasks and relationships.
b. consideration and inspiration.
c. initiating structure and production.
d. transactions and empowerment.

Answers

Considering the research studies, Najah’s data showed that most managers focus on "consideration and inspiration."

This is because the research findings of the Ohio State University and University of Michigan studies on managers' behavioral leadership revealed that managers focus on consideration and inspiration.

Notably, the Ohio State University ts that managers tend to be either high or low sides of initiating structure and consideration regarding leadership behavior.

Hence, in this case, it is concluded that the correct answer is option B. "consideration and inspiration."

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Consider the domestic market for Good X in Country A, graphed above. P0=$5, P1=$25, P2=$10, P*=$15, Pw=$20, Q1=40, Q*=80, Q2=120. The world market outside country A observes a price Pw for Good X. When international trade is allowed, what is the total producer surplus? (Do not include the dollar sign $ in your answer)

Answers

Based on the graph and information provided, the total producer surplus will be $900.

The producer surplus simply refers to the difference between how much an individual would be willing to accept for a particular good and how much the person eventually receives when the good is sold.

It should be noted that the difference or surplus amount that the producer gets is the producer surplus. Based on the graph, the producer surplus is $900.

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if someone wanted to find out how much money a company made during a particular year, the best financial statement to use would be the

Answers

Answer:income statement

Explanation:

If someone wanted to find out how much money a company made during a particular year, the best financial statement to use would be the income statement.

What is an income statement?

An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It describes the process by which the revenues, or "top line," are converted into net income or net profit. Managers and investors can determine whether a company made money (profit) or lost money (loss) during the reporting period by looking at the income statement.

A period of time is represented by an income statement. The balance sheet, on the other hand, only depicts one point in time. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.

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what is Economics in simple terms​

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Answer:

The New York Stock Exchange in New York City, USA. Economics is the social science which studies economic activity: how people make choices to get what they want. It has been defined as "the study of scarcity and choice" and is basically about the choices people make.

Explanation:

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Assuming that Brandt entered into a forward contract to sell 10 million South Korean won on December 1, 2020, as a fair value hedge of a foreign currency receivable, what is the net impact on its net income in 2020 resulting from a fluctuation in the value of the won

Answers

The net impact on its net income in 2020 resulting from a fluctuation in the value of the won is : $250 decrease in net income.

First step is to calculate the Discount on forward contract

Discount on forward contract=[($0.0035 − $0.0034) × 10 million

Discount on forward contract=$0.0001 × 10 million

Discount on forward contract= $1,000

Second step is to amortized the Discount on forward contract

Amortization of discount on forward contract=$1,000 / 4 months

Amortization of discount on forward contract=$250 per month

Based on the above calculation foreign exchange loss of the amount of $250 will be recognized on December 31, 2020.

Therefore the net impact on its net income in 2020 resulting from a fluctuation in the value of the won is a decrease of $250.

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What are the professions in teaching sector?explain.​

Answers

it's responsible to inform our minds and hearts

[tex] \: [/tex]

Explanation:

teachers should be identified as professionals, however it is dependent on how individual teachers conduct themselves, behave and portray their personality that defines whether they are being a professional.

hope it helps

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Contingent liabilities are only recognized if they arise from past events. Group startsTrue or False

Answers

The question which asks if contingent liabilities are only recognized if they arise from past events is:

False

According to the given question, we are asked to see that we need to find out if contingent liabilities are only recognized if they arise from past events or whether there are other factors involved.

As a result of this, we can see that contingent liabilities has to do with a liability which can occur later in the future and which the finance can be adequately estimated or calculated, such as a potential lawsuit which could lead to an out of court settlement.

Therefore, the correct answer is False

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What are 4 types of investments that offer compound interest?

Answers

Answer:

Savings Accounts

Rental Homes

Bonds

Stocks

:)

CDs. Considered a safe investment, certificates of deposit are issued by banks and generally offer higher interest than savings. ...
High-Interest Saving Accounts. ...
Rental Homes. ...
Bonds. ...
Stocks. ...
Treasury Securities. ...
REITs.

Because so many customer balances consist of multiple invoices, what could the auditors do to eliminate unnecessary reconciliation

Answers

In order to eliminate unnecessary reconciliation the auditors could request to send empty letter spaces to the customers.

Then the auditor should make the request of asking these customers that they should write out their balances in these letters.

The reason why the auditor has to do this is to check if they are correct or if they are not.

The account receivable has to be sent by this firm in order to determine if the customers have same amount of balance.

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To calculate the earnings from an annual percentage yield, you should:
A. multiply the nominal interest rate by the interest earned.
O B. multiply the amount in the account by the nominal interest rate.
O C. multiply the initial deposit by the nominal interest rate.
D. multiply the amount in the account by the initial deposit.

Answers

Answer:

Multiply the amount in the account by the nominal interest rate

Explanation:

To calculate the earnings from an annual percentage yield, you should multiply the amount in the account by the nominal interest rate.

What is earning?

Earnings is what is left after all the expenses of a particular production process have been removed.

It can be expressed in percentage and computed form the yield.

Therefore, To calculate the earnings from an annual percentage yield, you should multiply the amount in the account by the nominal interest rate.

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A new e-commerce startup with global operations is looking for a method to manage its supply-chain data for production. Instead of using bar codes, scanners, paper forms, and individual databases, making the system difficult to use, which method should be used to quickly track shipments

Answers

The shipping industry is one that handles a lot of transactions that might sometimes be difficult to track. For the new e-commerce startup with global operations who is looking for a method to manage its supply-chain data for production, the method that they can use to quickly track shipments is;

Blockchain

Blockchain is a reliable and fast way of recording transactions. It is a digital ledger that operates in such a way that when it receives information, other computers that are connected to the central system become updated.

This way, the information is not lost. It is used in supply chain to make the processing of transactions easier and faster.

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In the shooting of a movie, if something does not go according to script, which member of the team is least likely to notice?
A. Cinematographer
B. director
C. Actor
D. person in charge of continuity

Answers

Answer:

A. Cinematographer

Explanation:

They film the movie not read the script.

A company is aware that it sells an inferior good with a coefficient of income elasticity of demand (-)0.5. At present it sells 500 units each year at an average price of 2,000 each. At the last budget, the Finance Minister forecast an increase in real income for the economy of 5%.

Answers

The revenue earned by the company will reduce if the Finance Minister's forecast of an increase in real income by 5% is correct.

Data and Calculations:

Coefficient of income elasticity of demand = (-)0.5

Annual demand of the inferior good = 500 units

Average price of the good per unit = $2,000

Total dollar demand = $1,000,000 ($2,000 x 500)

Increase in real income by 5% = $1,050,000 ($1,000,000 x 1.05)

Decrease in quantity demanded = 475 (500 x 1 - 0.5)

If the price remains $2,000, the revenue will be reduced to $950,000 (475 x $2,000).

But most likely, the price will reduce to at least $1,900 ($2,000 x  1 - 0.5), then the revenue will be reduced to $902,500 (475 x $1,900).

Thus, the revenue earned by this company will reduce if the Minister is correct in the forecast's 5% increase in real income.

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Grayson was hired as a customer service agent for an insurance company. His boss recognized his strong communication skills and praised him for a job well done. This is an example of a(n)

Answers

When Grayson's boss praised him for job well-done, it is an example of a intrinsic reward.

An intrinsic reward refers to an award of recognition, sense of achievement, conscious satisfaction, self fulfilmenr achieved after sucessfully achieving a task.

The intrinsic reward is given to Grayson by his boss for the job well-done.

This type of intrinsic reward helps employees to gain more motivation to perform better than before.

Therefore, in conclusion, when When Grayson's boss praised him for job well-done, it is an example of a intrinsic reward.

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Dean, supervisor at NeonColors Inc., has a conflict with his colleague, Nathan, because they could not agree on the design of a product. As what type of conflict can this be best categorized

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As what type of conflict can this be best categorized is interpersonal conflict.

Interpersonal conflict can be defined as a conflicts or disagreement  that occur between two or more people.

Based on the given scenario this type of  conflict is an interpersonal conflict at workplace as it involve two people which is Nathan and his supervisor due to lack of agreement.

To resolve this conflict the best option is for Nathan and his supervisor to resolve their difference so as to increase their productivity at work.

Inconclusion this type of conflict can this be best categorized is interpersonal conflict.

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Fombell, Incorporated has the following assets in its trial balance: Cash $8,000 Equipment 58,000 Accounts Receivable 2,000 Copyright 4,000 Inventory 18,000 Patent 12,000 Building 100,000 What is the total balance of its Property, Plant, and Equipment

Answers

Based on the information given the total balance of its Property, Plant, and Equipment is $158,000.

Using this formula

Property, Plant, and Equipment Total balance=Equipment+ Building

Where:

Equipment=$58,000

Building=$100,000

Let plug in the formula

Property, Plant, and Equipment Total balance=$58,000+$100,000

Property, Plant, and Equipment Total balance=$158,000

Inconclusion the total balance of its Property, Plant, and Equipment is $158,000.

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Mega Corp. has departments for marketing, sales, finance, customer service, human resources, and production. Mega Corp. is organized by

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Because the corporation has department for marketing, sales, finance, customer service, human resources, production, then, we can conclude that Mega Corp. is organized by Functional Structure.

The Functional Structure is the type of organizational structure where employees are grouped according to their specialized roles or tasks.

The functional structure is most used type of organizational structures in the modern world.

Therefore, in conclusion, because the corporation has department for marketing, sales, finance, customer service, human resources, production, then, we can conclude that Mega Corp. is organized by Functional Structure.

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Explain the concept of conflict of interest?

Answers

Answer:

conflict of interest occurs when an individual's personal interests – family, friendships, financial, or social factors – could compromise his or her judgment, decisions, or actions in the workplace. Government agencies take conflicts of interest so seriously that they are regulated.

According to House’s revised path-goal theory, a leader’s style should vary depending on

a. leader-member relations and environmental factors.
b. employee characteristics and organizational readiness.
c. leadership effectiveness and situational control.
d. employee characteristics and environmental factors.

Answers

According to House’s revised path-goal theory, the style of a leader varies depending on D. employee characteristics and environmental factors.

The path-goal theory posits that the behavior of a leader is contingent on the motivation, performance, and satisfaction of their workers.

According to House’s revised path-goal theory, a leader’s style should vary depending on employee characteristics and environmental factors.

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At June 1, 2018 Billy’s Fitness Company purchased new exercise equipment for its facility.
The following information refers to the purchase and installation of this equipment:
• The list price of the equipment was $640,000 less a cash discount of 5%.
Billy’s Fitness Company paid sales taxes of $36,480 at the date of purchase.
• Transportation charges for delivery of the equipment totaled $2,200.
• Costs for installation and test runs to ready the equipment for customer use
amounted to $1,600.
• Normal maintenance costs for the exercise equipment in June 2018 were $875.
Requirement:
For each of the bulleted items above, indicate which items should be included by Billy’s
Fitness Company as a part of the total cost of its Exercise Equipment account. Also briefly
indicate the proper accounting treatment of those items that are not included in the cost of
the Exercise Equipment

Answers

An indication of the bulleted items that Billy's Fitness Company should include in the cost of the Exercise Equipment account is as follows:

Equipment's List Price = $608,000

Sales Taxes                         36,480

Transportation cost              2,200

Installation and testing         1,600

Total  costs                  $648,280

Thus, the costs of normal maintenance of the equipment in June 2018 should not be included in the Equipment Account but treated as expenses in the income statement.

Data Analysis:

Equipment's list priceless discount = $608,000 ($640,000 x(1 - 5%)

Cash Discount = $32,000 (5% x $640,000)

Sales taxes included = $36,480

Transportation charges = $2,200

Installation and testing costs = $1,600

Maintenance costs =$875

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What are the most important determinants of success in an interview? HELP ASAP ONLY RIGHT ANSWERS

A. Miscellaneous, Responsiveness
B. Responsiveness , Packaging
C. Responsiveness, Experienced
D. Packaging ,Experience

Answers

The most important determinants of success in an interview includes Responsiveness, Packaging, Experienced etc

Success in the context refers leaving a good impression to the interviewer and that one is capable to handling the job position applied for.

Some of the determinant that brings success in an interview includes:

Responsiveness: The act of responsiveness, verbal tone speaks much about the job applicant.

The packaging means the act of dressing smart.

Experienced refers to length of previous work experience possessd by job applicants

Therefore, the Option B, C and D is correct.

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how does Quickbooks online use smart learning?

Answers

Answer:

Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?

Explanation:

Quickbooks online use smart learning by : Recognizing if transactions have been excluded erroneously from bank feeds.

Quickbooks is an accounting software that assist businesses manage their income and expenses. The software also keep track of the financial health of the business.

The possibility of recognizing if transactions have been excluded erroneously from bank feeds is evident in usage of quickbooks online.

The software help to track customer profitability from the consolidated data of customers and suppliers in a detailed way, which allows for greater analysis and decision-making.

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Tran, who was born in Vietnam, now lives in Los Angeles. She applies to be a waitress at Hooters. The manager of Hooters restaurant tells her, “Sorry, we rarely hire Asian girls because their breasts are too small and part of the Hooters’ image is waitresses with big breasts”. Does Tran have a valid claim against Hooters under the Civil Rights Act? Explain.

Answers

Answer:

No

Explanation:

The are objectifying her based on her body not restricting her freedom of speech or anything like that. PS. Who wrote that question just why why

why is decsion necessary​

Answers

Do you mean decision?

Luther Industries has a dividend yield of 4.5% and and a cost of equity capital of 12%. Luther Industries dividends are expected to grow at a constant rate indefinitely. The grow rate of Luther's dividends are closest to

Answers

Answer:

Explanation:

dividend yield= dividend/PV

dividend discount model:

PV=D/(r-g)

D/PV= r-g

D/PV= .045

r= .12

.045= .12-x

x= .075

so it's expected to increase about 7.5%

Why should raw meats be stored below vegetables and fruits in the refrigerator?
To maximize refrigeration space
To reduce the risk of cross contamination by juice dripping

Because raw meats are heavier
so that heat in the fridge will rise to the top

Answers

Answer:

its usually never about space you alwahs want meant below because of the mest juice and the chance for cross contamination

Donald is a minor. He can enter into any contract an adult can, provided a. Donald is willing to disaffirm the contract. b. the adult is willing to enter into contracts with minors. c. the contract is not one prohibited by law for minors. d. an adult is willing to ratify the contract.

Answers

Donald will be able to get into a contract with an adult if c. the contract is not one prohibited by law for minors.

Generally speaking:

the law does not allow minors to get into contracts with adults.There are times however, when a minor and an adult can enter into a form of contract.

For a minor and an adult to get into a contract, that particular type of contract must be allowed by law for minors and adults to be parties. If this is not the case, that contract is void.

In conclusion, Donald can enter into a contract that the law allows him to enter into with an adult.

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Bridger Ski Co. has developed a tract of land into a ski resort. The company has cut the trees, cleared and graded the land and hills, and constructed ski lifts. a. Should the tree cutting, land clearing, and grading costs of constructing the ski slopes be debited to the land account

Answers

Answer:

A. Yes

B. No

Explanation:

According to the question, option A, The tree cutting, and land clearing answer is yes, and for option B costs of constructing the ski slopes be debited to the land account the answer is NO.

What is the land account?

A land account organizes information on land value, usage, and cover in a consistent manner throughout time and space. This kind of information organization demonstrates the connections between environmental and economic processes as they occur throughout our planet.

A land account lays the groundwork for understanding Australia's land and aiding in improved decision-making. It serves as the basis for several additional accounts, including ecosystem accounts.

Using a land account, we can:

Monitor changes in vegetation and land cover and comprehend their timing and mechanisms; assess policies and programs to determine whether they are having the desired effect, and comprehend the effects of various land uses on the environment and the economy.

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The Ring of Fire is a long, narrow band of volcanos surrounding the Atlantic Oceanthat was caused by tectonic plates.True or False The killer clowns Chapter 3One week after Rosas death, the clowns had the world completely under their control.Estella had just heard the news of Rosas death and was devastated. Oh Rosa, Estella cried, looking forlorn Why did you have to mess with Pennywise? Then she went to a dusty trunk in the corner I vowed never to open this chest ever again but I have to save Rosa. Estella pulled out a dusty spell book and set it on the table. She flipped to the page about bringing people back to life. The blood of the killer poured into the mouth of the killed shall raise the dead man from his earthy bed. Estella read. She went to Pennywises lair and collected a little bit of his blood.Later, at the graveyard, Estella was pouring the blood of Pennywise into Rosas mouth. Rosa immediately opened her eyes, while her arms grew back, Estella, where am I? what happened? Rosa said, looking around. Rosa, you must kill Pennywise, before EVERYONE dies! Ok, said Rosa I will try. Rosa then went home and gathered her weapons, put her brass knuckles on, and went to Pennywises lair.When she got there, Rosa started to have second thoughts, but she kept on moving. There was blood splattered across the walls, dismembered body parts all over the place, and torture devices on a stage in the far corner. But she kept moving till she got to Pennywises throne. HEY, PENNYWISE Rosa yelled YOU ARE SO UGLY THAT WHEN YOU WERE BORN, THE DOCTOR SLAPPED YOUR MOTHER. Rosa Pennywise snarled didnt I kill you already? Rosa then conjured a whirlwind around her and flew to Pennywise, yeah and you will have to do it again she said and then stabbed Pennywise in the heart, took out all of the clowns, and saved anymore innocent people from a cruel death for the clowns entertainment.the end or is it? Dana filled the container with 3.5 liters of water. Her mother used 0.75 liters of water for cooking and 1.25 liters for a drink. How much water was left in the container? The partys viewpoints on major policy issues and objectives for campaign for the next 4 years is called ____.Group of answer choicesa. Partanshipb. Political Partyc. Precinctd. PlatformPLEASEE HELPPPP before going on the last part of her journey. Hannah needed to rest and eat alot of the food. she ate 2 7/12kg of meat and another 4/12kg of fruits how much food did she eat in total? HELP PASKAJAJ MEEEEE PLEASE write the following equations in the statement form... 1) 2a + 7 =15pls ans fast but as statement form 22 divided by a number s in algebraic expressions the perimeter of an equilateral triangle is 14.4 cm. Find out the length of the side of that triangle in decimal fraction which is a wildlife species category that state resource agencies may use in what year did the presidential turkey pardoning first begin Completa la oracin/ 10InstruccionesArrastra y coloca laspalabras en los espacios enblanco para completar lasoraciones1. No dejes artculos de limpiezade los nios2.que voy a invitarte a mi cumpleaos.3. Es importante cuidarde los animales encautiverio.el bienestarextrao mucho a mi novia desde que la4.dej.Como es de suponer5.me dieron el trabajo.pases por alto6. Es mejor estudiar a la maana,liderara los dems pases en cuanto aal alcance7. EuropaeducacinEn pocas palabras8. Paramejor debes escuchar mejor.A menudo9.me siento a mirar el atardecer.Por supuesto10. Nodarles la bienvenida a la gente nueva.no creen?encabeza At first , what are Helens feelings when she felt the broken pieces of her new doll 1 pointRifka was courageous, and she saved her family. Is the verb "was" regularor irregular? regularirregularpresentpresent participlepastpast participle Help help please English ? Please please when the filament breaks in one lamp in a series circuit, other lamps in the circuit normally _________. As illustrated by the photograph, women in Texas contributed to the war effort during World War II by Which answer choice is a sentence fragment?A house with no cars in the driveway.I have not seen the neighbors for a few days.I noticed a large package on my neighbor's front porch yesterday.The package is still on the front porch today. what is it called when a constant and variable are combined (math) Jerry eats one-fourth of a pecan pie. Sally eatsone-fifth of the same pie. Rose comes home fromschool and eats two-tenths of the same pie. Howmuch of the pie has been eaten?