Answer:
$2,316.67
Explanation:
From the question we know that the asset is depreciated in 3 years
The monthly depreciation expenses before re-determine savage value
= ($64,800-$11,400)/36 = $1,483.33
Because management determine to reduce $5,000 in salvage value (=$11,400-$6,400) just before 6 months ending depreciation period, then we have to allocate $5,000 in next 6 months.
The depreciation expense during the last six months of Year 3 would be:
= current depreciation expense $1,483.33 + $5,000/6
= $2,316.67
Markdown policy
Going-rate policy
Penetration policy
Answer:
The correct answer is letter "D": Penetration policy.
Explanation:
Penetration pricing refers to a strategy by which firms introduce their products at a price lower than the average in the market in an attempt of attracting the greater quantity of consumers possible and wiping out competitors. After the competition is removed, the entity plans to set the price of its good higher since it has the control of the market now assuming customers would not have found a substitute.
The condition of exchange that is being met when Small describes how his customers choose to purchase his clothes (by evaluating that his brand is environmentally conscientious, whereas most other brands are not) is that each party believes it is appropriate or desirable to deal with the other party.
B. To demonstrate how supply affects demand.
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C. To indicate how supply and demand relate to price.
D. To show the level of demand at various prices.
SUBMIT
Answer:
a is your answer
Explanation:
Revenue $280 $39,250
Technician wages $8,400 $8,250
Mobile lab operating expenses $4,800 $31 $9,290
Office expenses $2,400 $3 $2,700
Advertising expenses $1,580 $1,650
Insurance $2,870 $2,870
Miscellaneous expenses $970 $1 $425
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $31 per job, and the actual mobile lab operating expenses for February were $9,290. The company expected to work 150 jobs in February, but actually worked 154 jobs.
Required:
Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February.
Answer:
I used an excel spreadsheet since there is not enough room here. I ordered the given data:
Fixed Variable Actual Total
Revenue $280 $39,250
Technician wages $8,400 $8,250
Mobile lab operating exp. $4,800 $31 $9,290
Office expenses $2,400 $3 $2,700
Advertising expenses $1,580 $1,650
Insurance $2,870 $2,870
Miscellaneous expenses $970 $1 $425
The actual results yielded an unfavorable operating income variance. Operating income = $14,065, unfavorable variance = $2,645
Direct material purchased during April 250
Work-In-Process Inventory, April 1 300
Direct labor costs incurred 400
Manufacturing overhead costs 350
Direct materials used in production 225
Answer:
$1,100
Explanation:
Computation for the Work-in-Process transferred to the finished goods warehouse on April 30
Work-In-Process Inventory, April 1 300
Direct materials used in production 225
Direct labor costs incurred 400
Manufacturing overhead costs 350
Less Work-In-Process Inventory, April 30 ($175)
Work-in-Process transferred to the finished goods warehouse $1,100
Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 will be $1,100
Answer:
(C) Log Analysis
Explanation:
Log Analysis is a computer management system that logs records. This log analysis records everything, so if there is an ongoing problem, it will be recorded. Once its recorded and known, a solution can be provided.