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Plemons Snow Globe Company produces a variety of ornaments and collectibles. In a recent budget performance report, there was a quantity variance related to adhesive
Plemons Snow Globe Company produces a variety of ornaments and collectibles. In a recent budget performance report, there was a "quantity" variance related to adhesive glue. How many of the following could possibly help explain that variance? Employees applied more coats of glue than necessary. Glue was purchased from a different supplier than the one normally used. Several gallons of glue were stolen from the supply room. Several gallons of glue were accidentally left open and became unusable. Oo 04 O 3 0 1 02 Under accrual accounting, revenue can be recognized when how many of the following conditions are met? An order is received from a customer Owners invest cash into the company Cash is received from a customer A product is shipped to a customer A service is paid for in advance by a customer O 5 O 3 0 1 02 04 Question 10 1 pts The Banks Corporation reported the following: Sales Cost of goods sold Inventory Equipment Year 3 51,000 46,000 5,000 22,000 Year 2 46,500 42,000 4,000 23,000 Year 1 42,000 38,000 4,500 24,000 Based on this information the company's gross margin ratio is O cannot be determined without more data. O getting better O getting worse
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