What is recorded by the asset maintenance part of the Fixed Asset System?
periodic depreciation following an approved depreciation schedule and physical improvements to the asset to increase the subsidiary account and to adjust the depreciation schedule
You might also like to view...
________ involves a manipulation of scale values to ensure comparability with other scales or otherwise make the data suitable for analysis
A) Standardization B) Variable respecification C) Scale transformation D) Weighting
________ costs arise when a defect is discovered after the customer has received the product or service
Fill in the blanks with correct word
If the components in an organization's environment exhibit minimal change, such an environment is said to be ________.
A. volatile B. dynamic C. stable D. active
Medlar Corporation's static planning budget for June appears below. The company bases its budgets on machine-hours. Budgeted number of machine-hours$8,900 Supplies (@ $2.20 per machine-hour) 19,580Power (@ $3.80 per machine-hour) 33,820Salaries 26,700Equipment depreciation 39,160Total$119,260?In June, the actual number of machine-hours was 9,300, the actual supplies cost was $19,760, the actual power cost was $35,720, the actual salaries cost was $27,130, and the actual equipment depreciation was $39,430.?The spending variance for power cost in the flexible budget performance report for the month should be:
A. $380 F B. $1,900 U C. $1,900 F D. $380 U