Factors influencing variance investigation: management control capacity, variance frequency, item characteristics, and materiality. Financial reporting requirements may also be considered.
When deciding to investigate a variance, several factors come into play. The management control capacity of the variances is important because if the variance is beyond their control, it may not be worth investigating further. The frequency of variances is also a consideration as recurring or significant variances may indicate underlying issues that require investigation.
The characteristics of the items behind the variances, such as their nature and significance, can provide insights into the potential causes and impact of the variances. The materiality of variances is crucial as it helps determine whether the variance is significant enough to warrant investigation. While financial reporting requirements related to variances may influence the decision, they are not standalone factors and should be considered in conjunction with the other factors mentioned.
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Cash transactions in the General
Ledger show $16,000 in debits
and $15,900 in credits. What is
the overall increase or decrease
in cash?
A. ($31,900)
B. $100
C. ($100)
D. $31,900
The overall increase in cash is $100. This is because debits increase cash and credits decrease cash. In this case, there are more debits than credits, so the overall increase in cash is $100.
To calculate the overall increase or decrease in cash, we subtract the total credits from the total debits. In this case, we have $16,000 in debits and $15,900 in credits. This gives us a total of $100 in debits. Therefore, the overall increase in cash is $100.
The answer is B.
Martin Marquees makes neon signs to order. Customers can choose from four colors of neon, three-letter fonts, and two sizes of signs. Signs typically take one week to make and generate between $200 and $300 in costs, and Martin charges customers a 50% markup. Which cost system should Martin use
Martin Marquees should use a job order costing system to track and allocate costs for their neon sign manufacturing process.
A job order costing system is suitable for Martin Marquees because each neon sign is made to order and customized based on customer preferences. With different colors, fonts, and sizes available, each sign represents a unique job. Job order costing allows the company to track the costs associated with each specific job or order.
Since the signs typically take one week to make and have variable costs ranging from $200 to $300, a job order costing system will enable Martin Marquees to accurately allocate these costs to individual customer orders. By using this system, Martin can determine the specific costs incurred for each job, including direct materials, direct labor, and overhead costs, and then apply a 50% markup to determine the selling price.
By implementing a job order costing system, Martin Marquees can have a better understanding of the costs associated with each customer order and ensure that pricing is reflective of the customization and production requirements. It also allows for more accurate tracking of profitability for each job, assisting in decision-making and cost control.
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the first step in the target market selection process is
What is an appraisal? Why is it usually included in the closing costs for buying a home?
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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A process that exhibits random variability would be judged to be out of control. (True or False)
This claim is untrue. If a process displays random variability, it would not be considered out of control.
What sort of variance is the cause of an uncontrolled process?A particular cause variation is present when the control chart for a process measure shows a pattern of fluctuation that is not random or points that are drawn outside the control borders. A process measure is deemed unstable or out-of-control when a control chart shows unique cause variance.
What does the term "random variation" in quality control mean?Random variation: Unpredictable variations in a process's output caused by a variety of insignificant elements, including variations in temperature and humidity. Process variability resulting from a variety of erratic (and insignificant in isolation) fluctuations or change factors that, in reality, cannot be anticipated, detected, identified, or even eliminated.
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with the same interest rate, compounding period, and time period, a lump-sum deposit will generate more interest than an annuity.
When the interest rate, compounding period, and time period are the same, a lump-sum deposit will generate more interest than an annuity. This is due to the compounding effect and the larger principal amount.
When the interest rate, compounding period, and time period are identical, a lump-sum deposit will indeed generate more interest than an annuity. This is primarily because of the compounding effect and the larger principal amount involved.
In the case of a lump-sum deposit, the entire principal amount is deposited at once. As a result, the interest earned during each compounding period is calculated based on the initial principal amount. Over time, this interest accumulates and is added to the principal, leading to exponential growth in the investment. The compounding effect allows the interest to earn interest, resulting in a higher overall return.
On the other hand, an annuity involves regular periodic payments, such as monthly or yearly, with the same interest rate and compounding period. While each payment earns interest, the principal amount remains constant for each compounding period. As a result, the interest earned on each payment does not have the opportunity to compound and grow as significantly as in the case of a lump-sum deposit.
Therefore, due to the compounding effect and the larger initial principal amount, a lump-sum deposit will generate more interest over time compared to an annuity when the interest rate, compounding period, and time period are the same. It is important to consider these factors when deciding between a lump-sum investment or an annuity, as the choice can significantly impact the overall return on investment.
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Growth has which positive effect for businesses?
A. It widens the area inside the frontier on a production possibilities
curve.
B. It allows products to be sold in a wide variety of new markets.
C. It cuts down on the amount of capital investment needed for
expansion.
D. It ensures that opportunity costs will never exceed overall
productivity.
Growth widens the area inside the frontier on production possibilities and has a positive effect on businesses. Thus option A is correct
What is business?A corporation or creative entity engaging in business, industrial, and business life is referred to as a business. Corporations could be for-profit corporations or charitable institutions. Limited liability firms, sole traders, corporation, and collaborations are among the several types of businesses.
Growth benefits firms by expanding the territory inside of the frontier of production frontier. There might not be enough money to cover the cost of development. Your workplace and workers will be under more strain if you take on ever more tasks to boost you revenue. Facing pressure, business may be acting quickly in response instead than strategically.
Therefore, option A is the correct option.
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Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.
Answer:
A.
Explanation:
A broker arrives to present a purchase offer to a disabled woman and finds her son and his wife also present. In the presence of the broker, both individuals persistently urge the woman to accept the offer, even though it is much lower than the price she has been asking for her home. If the woman accepts the offer, she may later claim that
Answer:
she was under undue influence from her son and daughter in law and therefore the contract is voidable
Explanation:
Since in the question it is mentioned that the broker made a purchase offer to a disabled woman also his wife and her son are present. The price is very much lower and in the case when the women accept the offer and later she said due to pressure she accepted the offer.
As she is a disabled person and the people who are disabled, blind, are not capable to enter into a contract
Therefore the contract is voidable
An article in a newspaper explains that a new business is about to open.
Answer:
So what's the question......??????
4) Tye-Dye Sports manufactures custom long boards and has fixed costs of $945.00 per week and total costs of $8070.00 if the weekly output is 15 boards.a) Write the equation for the cost function, C(x). x is the number of long boards.b) If the boards sell for $546.00 a piece, write the equation for the revenue function, R(x).c) Write the profit function, P(x).d) How many long boards will the company need to manufacture and sell each week to break even?
Answer:
Tye-Dye Sports
a) Cost function, C(x) = $475x + $945 = $8,070
b) Revenue function, R(x) = $546x
c) Profit function, P(x) = R(x) - C(x)
d) To break-even, Fixed cost/Contribution per unit
= 13.3 or 14
Explanation:
a) Data and Calculations:
Fixed costs = $945 per week
Total costs = $8,070 per week
Production units = 15 boards per week
Variable costs = Total costs minus fixed costs
= $7,125 ($8,070 - 945)
Variable cost per unit = $7,125/15 = $475
Cost function, C(x) = $475x + $945 = $8,070
Revenue function, R(x) = $546x
Profit function, P(x) = R(x) - C(x)
= $546x - ($475x + $945)
Contribution per unit = $546 - $475 = $71
To break-even, Fixed cost/Contribution per unit
= $945/$71 = 13.3 or 14
Susan took out a personal loan for $3,500 at an interest rate of 13% compounded monthly. She made arrangements to pay the loan off in 3 years. What will her monthly payment be? a. $99. 34 b. $105. 32 c. $117. 93 d. $156. 60 Please select the best answer from the choices provided A B C D.
The correct statement is that Susan's monthly payment for a personal loan which is to be paid off in three years will be $143.3. So, the correct from the given choices is not given above.
The computation of monthly payment can be done by calculating the annuity and then dividing it by the number of months of the duration of payment of such loan.
Calculation of monthly paymentPutting the given values into the formula for compounded annuity, the values obtained will be as, \(\rm Compounded\ Annuity= Principal(1+\dfrac{r}{n})^n^t\\\\\rm Compounded\ Annuity= 3500(1+\dfrac{0.13}{12})^1^2^ x ^3\\\\\\\rm Compounded\ Annuity= \$5158.60\)Now dividing the total compounded annuity by number of months which is given as 36 months will be calculated as, \(\rm Monthly\ Payment = \dfrac{Annuity}{Period}\\\\\\\rm Monthly\ Payment = \dfrac{5158.60}{36}\)So, the monthly payment will be, \(\rm Monthly\ Payment = \$143.29\)Hence, the correct option is not given above and the monthly compounded payment on a personal loan of $3500 for a period of 36 months will be $143.3.
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What does setting a personnel policy before hiring employees allow you to do?
A. Provide employee salary information
B. Establish length of employment for each company department
C. Set expectations for employee behavior
D. Establish records of employee work behavior
Answer:
D
As it helps in appraising the employees weekly, monthly, or yearly work behavior.
As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
when a manufacturer saturates the market by selling to any intermediary of good financial standing that is willing to stock and sell the product, the manufacturer is engaged in select .
When a manufacturer saturates the market, the manufacturer is engaging in intensive distribution.
Intensive distribution can be define as the way in which companies or manufacturer made available or distribute their products from retail outlet to wholesaler outlet.
Most companies use intensive distribution marketing strategy to increase sales and to sell out the products in their warehouse so as to restock or restore new products.
Intensive distribution help to create product awareness to those people that are not aware of the products due to the fact that the products can be find everywhere.
Inconclusion the manufacturer is engaging in intensive distribution.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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paragraph of changing place
Answer:
put the hold question in the text box
1.4 Why is Canada considered to have a branch-plant economy?
Answer:
Manufacturing companies set up branch plants to serve the Canadian market, thereby avoiding high freight costs and import duties.
Explanation:
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What is friendship?? :)
Bye! Y'all!!
Answer:
agree with this
.................................
Answer:
just for fun
Explanation:
real friends are those who open their mouth to just insult there bestij
Which buyer type has an open mind and tends to take chances on new products without hesitation?
a. ready buyer
b. logical buyer
c. stubborn buyer
d. emotional buyer
Answer:
A
Explanation:
What health issue did Feiler face that led him to consider his family?
It is most important to account for factors like warranties and durability when purchasing a.
It is more important to account for factors like durability and warranties when purchasing a durable product.
Durable products are those products that can be used for a very long time as they are expensive. So these goods do not wear out easily and yield utility over the years. These durable goods are also called consumer goods. These consumer goods have a life span of more than three years and are used repeatedly over time.
Some examples of durable goods are refrigerators and air conditioners. As these are very expensive they require a warranty while purchasing them. This warranty period itself can go up to two to three years and can later be extended also if required. It is very necessary for these goods to also have the durability factor as then only the customers will receive a value for their product.
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Maladaptive coping strategies tend to be associated with poorer adjustment. this means that?
Maladaptive coping strategies tend to be associated with reduced adaptive capacity. Coping strategies, while helpful in the moment, are problematic in the long run. Maladaptive coping mechanisms, or maladaptive coping strategies, are methods used by people to try to reduce stress and anxiety, but they are ineffective and unhealthy.
There are two types of coping strategies in such situations: positive and negative. Maladaptive coping strategies commonly increase stress and anxiety, including self-harm, binge eating, and substance abuse. The Semel Institute for Neuroscience and Human Behavior states that people struggling with addiction often struggle with the maladaptive coping strategies.
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Which of the following is a certificate of deposit (CD)?
An account paying 0.05% interest with no other limitations
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest
A "basket" of money pooled in by many investors to acquire securities based on the value of cash
An investment in stocks
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest is a certificate of deposit (CD).
What does a CD certificate entail?In exchange for holding a specific amount of money for a specific length of time, such as six months, a year, or five years, a certificate of deposit (CD) is a savings account that earns interest from the issuing bank.
What's the procedure for a CD certificate of deposit?A certificate of deposit (CD) is a savings instrument that yields interest on a one-time payment for a predetermined amount of time. In contrast to savings accounts, CDs require that the money remain untouched for the duration of the term in order to avoid penalty fees and lost interest.
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Hawaiian Specialty Foods purchased equipment for $15,000. Residual value at the end of an estimated four-year service life is expected to be $1,500. The machine operated for 2,000 hours in the first year, and the company expects the machine to operate for a total of 15,000 hours.
Calculate depreciation expense for the first year using each of the following depreciation methods: (1) straight-line, (2) double-declining-balance, and (3) activity-based. (Do not round your intermediate calculations.)
Depreciation Expense
(1) Straight-line (2) Double-declining-balance (3) Activity-based
Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. It reflects the reduction in the value of the asset due to wear and tear, obsolescence, or other factors.
Depreciation is important because it allows companies to spread the cost of an asset over its useful life, rather than recording the entire cost in the year the asset was acquired.
(1) Straight-line Depreciation:
Depreciation per year = (Cost - Residual value) / Useful life
Depreciation per year = ($15,000 - $1,500) / 4 = $3,375
Depreciation expense for the first year = Depreciation per year x (Hours operated in the first year / Total estimated hours)
Depreciation expense for the first year = $3,375 x (2,000 / 15,000) = $450
(2) Double-declining-balance Depreciation:
Depreciation rate = 2 / Useful life
Depreciation rate = 2 / 4 = 0.5 or 50%
Depreciation expense for the first year = Book value at the beginning of the year x Depreciation rate
Book value at the beginning of the year = Cost
Depreciation expense for the first year = $15,000 x 0.5 = $7,500
(3) Activity-based Depreciation:
Depreciation per unit of activity = (Cost - Residual value) / Total estimated units of activity
Depreciation per unit of activity = ($15,000 - $1,500) / 15,000 = $0.90 per hour
Depreciation expense for the first year = Depreciation per unit of activity x Units of activity in the first year
Depreciation expense for the first year = $0.90 x 2,000 = $1,800
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Type the correct answer in the box. Use numerals instead of words. Common Stock 350,000 Retained Earnings 30,000 Treasury Stock 20,000 What is the total shareholder's equity? The total shareholder's equity is $
The total shareholder's equity is $360,000.
Shareholder's equity represents the net worth of a company and is calculated by subtracting total liabilities from total assets. In this case, we are given the following components: Common Stock ($350,000), Retained Earnings ($30,000), and Treasury Stock ($20,000).
To find the total shareholder's equity, we add the Common Stock and Retained Earnings, and then subtract the Treasury Stock. Thus, $350,000 + $30,000 - $20,000 equals $360,000.
This means that the company's total shareholder's equity is $360,000, which represents the residual interest in the assets of the company after deducting liabilities. It indicates the shareholders' ownership value and the company's overall financial health.
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Xerox Inc. has 1050,000 shares of stock outstanding, then firm decides to give 25 percent stock dividend. If the share price after the stock dividend is 10 dirham then what was the original price per share?
The original price per share was 10 dirham.
To determine the original price per share, we can use the concept of the stock dividend. A stock dividend is a distribution of additional shares to existing shareholders. In this case, Xerox Inc. has 1,050,000 shares outstanding and decides to give a 25 percent stock dividend.
Since the stock dividend increases the number of shares by 25 percent, the total number of shares after the dividend will be 1,050,000 + (0.25 * 1,050,000) = 1,312,500 shares.
Given that the share price after the stock dividend is 10 dirham, we can calculate the original price per share using the proportion:
Original price per share / (Original shares + Stock dividend) = New price per share / New shares
Substituting the values, we get:
Original price per share / (1,050,000 + (0.25 * 1,050,000)) = 10 dirham / 1,312,500
Simplifying the equation:
Original price per share / 1,312,500 = 10 dirham / 1,312,500
Multiplying both sides by 1,312,500:
Original price per share = 10 dirham
Therefore, the original price per share was 10 dirham.
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Bill smith economic influences
I don't really know of Bill Smith but I know Adam
Smith's best - known ideas formed the basis of economic theory , including the invisible hand theory ( the idea that free - markets coordinate themselves ) , the division of labor ( the idea that people should specialize in specific tasks ) , and the measurement of economic activity ( Gross Domestic Product ) .
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What are checks?
I put:
Checks are a small piece of paper that is used to be paid money from another person's account, with their consent of course.
and got 100%
Answer:
A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held.
Answer:
Checks are a small piece of paper that is used to be paid money from another person's account, with their consent of course.
Explanation:
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PLEASE HELP ASAPP
PLEASE MAKE THE ANSWER CLEAR EASY TO UNDERSTAND YOU DONT NEED TO EXPLAIN THANK YOU.
Answer:
health insurance/current total (gross NOT net) and move your decimal over =%
Explanation: