Answer:
$ 10,867 F
Explanation:
Actual results$305,100
Flexible budget [$56,840+ ($2,874× 89) + ($13 ×257)]
$56,840+$255,786+$3,34= $315,967
Spending variance $ 10,867
($305,100-$315,967)
The spending variance for plane operating costs in November would be closest to $ 10,867 because the actual expense is less than the flexible budget, which makes the variance favorable (F)
Answer: a) Debit to Office Supplies for $81.
Explanation:
Office Supplies of $81 were used in the month of September. When replenishing the fund, this asset will be accounted for by being debited and cash will be credited to reflect the reason the cash account is being reduced.
The Journal entry for the replenishment will be;
DR Office supplies Account ......................................$81
DR Merchandise inventory Account ........................$153
DR Misc. expense Account........................................ $30
CR Cash account ......................................................................$264
Answer:
B. Customer Equity
Explanation:
In its focus on bottom-line financial value, the customer equity approach offers limited guidance for go-to-market strategies and does not fully account for competitive moves. Customer equity can be defined as the total value of all the customers of any firm. It means any firm will have more customer equity if has large number of customers who make frequent purchases as well. Customer loyalty is directly proportional to the customer equity, more is the customer loyalty, the more will be the customer equity of any brand. Although it is very much important for any business but it does not tell about the go-to market strategies and competitive moves that what business you should be in and what business you could be in.
Answer – B (He could fill out a FAFSA form to determine what
financial aid he would qualify for)
<span>The Free Application for Federal Student
Aid (FAFSA) form can be filled out annually by both current and soon-to-be
college students in the United States to determine whether they are qualified
for student financial aid.</span>
Answer:
A. $5.00 per machine-hour
Explanation:
The computation of the manufacturing overhead application rate is shown below:
= Estimated manufacturing overhead ÷ expected machine-hours incurred
= $550,000 ÷ 110,000 machine hours
= $5.00 per machine hour
In order to determine the manufacturing overhead application rate, basically we divided the estimated manufacturing overhead by the expected machine hours
