# ACCT346 Week 6 Homework Assignment

01 / 10 / 2021 Projects

This paper circulates around the core theme of ACCT346 Week 6 Homework Assignment together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

## ACCT346 Week 6 Homework Assignment

ACCT346 Week 6 Homework AssignmentQuestion 1. The Von Pottasnevitch Company sells office products and for the most part has a regulargroup of customers and fairly predictable sales. Many of the companyâs customers are offered credit,while other clients do business on a cash basis. The companyâs monthly sales are consistently splitbetween 10% cash business and 90% on credit. The credit sales are collected 50% in the same month ofthe sale and the remaining 50% is due the following month. Sales for the upcoming first quarter of thenext year are estimated as follows:January:February:March:\$100,000\$200,000\$150,000Calculate the expected cash collections for February.Question 2. The Walkabout Corporation manufactures boomerangs (its only product). The companyâsstandards for manufacturing boomerangs are as follows:Standard direct labor rate per hourStandard direct labor hours per boomerang\$ 18.50 per hour0.4 hoursDuring the month of January, the company produced 1,800 boomerangs. Actual production datafor the month follows:Actual direct labor hours workedActual direct labor cost incurred700 hours\$ 14,000Part A. Calculate the labor rate variance for the month. Is it favorable or unfavorable?Part B. Calculate the labor efficiency variance for the month. Is it favorable or unfavorable?

International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

## Benefits You Get

• Free Turnitin Report
• Unlimited Revisions
• Installment Plan
• Plagiarism Free Guarantee
• 100% Confidentiality
• 100% Satisfaction Guarantee
• 100% Money-Back Guarantee
• On-Time Delivery Guarantee

+44 7340 9595 39
+44 20 3239 6980
[email protected]
AKOSZTEC “International House, 12 Constance Street, London, United Kingdom, E16 2DQ”

Hire Researcher
Rated 4.7/5 based on 8956 Reviews

## Supporting Pages

FLAT 25% OFF ON EVERY ORDER. Use "FLAT25" as your promo code during checkout