<span>Business practices, such as pricing strategies can have a significant impact on budgeting practices. When businesses raise prices it leaves less money in the budget for other things.
Especially if they raises the price for the products that included as our primary needs, such as foods. People's spending for food usually do not change no matter how much the price fluctuates</span>
Answer:
The value of the inventory on hand is $210
Explanation:
Inventory on hand / purchased;
June 1 - 15 units at $12
June 5 - 10 units at $13
June 12 - 20 units at $14
total units on hand = 45 units
Sale - 30 units sold
units left on hand 15.
Since there are only 15 units left on hand, and the $12 and $13 inventory units have all been sold since they were in first before the inventory purchased on June 12 the value of the inventory on hand is 15 x $14 = $210.
The Direct Materials standard cost is $13.20
The Direct Labor standard cost is $12.00
The Variable Manufacturing Overhead standard cost is $5.00
The Fixed manufacturing overhead standard cost is $11.80
Standard cost per unit- $ 42.00
The solution is in tabular form which is attached with this answer.
What is Variance
Variance is the process of evaluating the financial performance of your mission. fee variance compares your budget that was set before the project started and what was spent. this is calculated by using finding the difference among BCWP (Budgeted cost of work performed) and ACWP (actual cost of work performed.
Learn more about variance brainly.com/question/14116780
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A peninsula is a piece of land connected to the mainland by an isthmus and projecting into the ocean such that it is surrounded on three sides by water.