Examlex

Solved

Solve the System Using the Inverse That Is Given for the Coefficient

question 141

Multiple Choice

Solve the system using the inverse that is given for the coefficient matrix.
- x+2y+3z=6x + 2 y + 3 z = 6 x+y+z=8x + y + z = - 8 x2z=12x \quad - 2 z = 12 The inverse of [123111102]\left[ \begin{array} { l l l } 1 & 2 & 3 \\ 1 & 1 & 1 \\ 1 & 0 & - 2 \end{array} \right] is [241352121]\left[ \begin{array} { r r r } - 2 & 4 & - 1 \\ 3 & - 5 & 2 \\ - 1 & 2 & - 1 \end{array} \right] .

Analyze the impact of standard cost variances on financial statements and their closure to Cost of Goods Sold.
Calculate ending balances in the Raw Materials and Work in Process accounts, considering transactions recorded.
Understand and apply the principles of standard costing in manufacturing.
Calculate and analyze direct materials variances.

Definitions:

Translation Rate

The exchange rate used in translating the financial statements of a foreign entity into the functional currency for reporting purposes.

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in preparing financial statements.

Translation Rate

The rate used to convert financial statements of a foreign operation into the presentation currency of the reporting entity.

Foreign Currency

Currency that is used in a country other than the one where a company or individual is based.

Related Questions