1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MatroZZZ [7]
2 years ago
14

The Beanny Company had budgeted sales of 1,000 units with a per unit selling price of $5 per unit. Actual sales were 1,100 units

at a selling price of $4.75. What is its sales volume variance?
Business
1 answer:
Darina [25.2K]2 years ago
5 0

Its sales volume variance is: $500 Favorable.

<h3>Sales volume variance</h3>

Using this formula

Sales volume variance = (Actual units sold− Budgeted units sold) × Selling price

Let plug in the formula

Sales volume variance = ( 1,100 − 1,000) × $5 per unit

Sales volume variance = $500 favorable

Therefore the Sales volume variance is 500 favorable.

Learn more about Sales volume variance here:brainly.com/question/4127264

#SPJ1

You might be interested in
West Corp. issued 13-year bonds 2 years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments. If these bonds
finlep [7]

Answer:

9.68%

Explanation:

yield to maturity (YTM) = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

face value = $1,000

market value = $1,000 x 0.98 = $980

n = (13 - 2) x 2 = 22

coupon = $1,000 x 0.094 x 1/2 = $47

YTM = {$47 + [($1,000 - $980) / 22]} / [($1,000 + $980) / 2] = $47.9090 / $990 = 0.4839 x 2 (annual rate) = 0.09678 = 9.68%

4 0
3 years ago
Suppose the production function in medieval Europe is Y 5 K 0.5L0.5, where K is the amount of land and L is the amount of labor.
Sonbull [250]

Answer:

a) Y = 500

b) Wages: 2.5

   Rental price: 2.5

   

c) labor Share of output: 0.370511713 = 37.05%

Explanation:

Y = 4K^{0.5} \times L^{0.5}

if K = 100 and L = 100

Y = 5(100)^{0.5} \times (100)^{0.5}

Y = 50 \times 10

Y = 500

wages: marginal product of labor = value of an extra unit of labor

dY/dL (slope of the income function considering K constant while L variable)

ax^b = bax^{b-1}

Y = 5K^{0.5} \times L^{0.5}

Y' = 5K^{0.5} \times 0.5 L^{-0.5}

Y' = 2.5K^{0.5} \times L^{-0.5}

Y' = 2.5(\frac{K}{L})^{0.5}

With K = 100 and L = 100

Y' = 2.5(\frac{(100)}{(100)})^{0.5}

Y' = 2.5

rental: marginal product of land = value of an extra unit of land

dY/dK (slope of the income function considering K variable while L constant)

Y = 5K^{0.5} \times L^{0.5}

Y' = 2.5K^{-0.5} \times L^{0.5}

Y' = 2.5(\frac{L}{K})^{0.5}

L = 100 K = 100

Y' = 2.5(\frac{100}{100})^{0.5}

Y' = 2.5

c) we use logarithmic properties:

Y = 50 \times 10

log500 = log(50 \times 10)

log500 = log50 + log10

50 was the land while 10 the labor

2.698970004 = 1.698970004 + 1

share of output to labor: 1/2.698970004  = 0.370511713

5 0
3 years ago
In the graph below, a shift from point A to point B represents which of the following?
sveta [45]
The answer would be a. a decrease in demand
3 0
3 years ago
Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value.
Artyom0805 [142]

Answer:

B. $497,000

Explanation:

           Consolidated Balance of Equipment

Excess value at the acquisition                  $110,000

($350,000-$240000)

Book value as on Dec 31 2018 of Ford      $170,000

Book value as on Dec 31 2018 of Regent  $250,000

Less: excess depreciation                          <u>-$33,000  </u> ($110,000/10*3)

Consolidated balance of equipment        <u>$497,000</u>

3 0
3 years ago
The growth rate of​ Zerbia, a small developing​ country, has fallen close to zero percent in the current year. Harry Miller and
motikmotik

Answer:

Option C                                                

Explanation:

Clearly placed, the right response is obvious through the sentence 'Harry assumes, on the another side, that any improvement in governmental expenditures will have a huge effect on GDP.' Comparison is made with the result with utilizing the economic management instrument, that is, budget expenditures and taxation.

Thus, from the above we can conclude that the correct option is C.

7 0
3 years ago
Other questions:
  • What is the difference between a prepaid tuition plan and a college savings plan?
    15·2 answers
  • Question 5<br><br> Industry is the supply side of the market.<br><br> A)True<br><br> B)False
    12·1 answer
  • Brianna cruz earned $130 in simple intrest in 9 months at an annual interest rate of 8%. How much money did she invest?
    5·1 answer
  • Golden Corp.'s current year income statement, comparative balance sheets, and additional information follow. For the year, (1) a
    14·1 answer
  • Karen bought a mixer. She received a warranty that covers only certain aspects of the product. If the product fails, she may be
    8·2 answers
  • Mike interviewed Dan for a sales clerk position, and Mike really liked Dan. They got along great in the interview, and they are
    11·1 answer
  • Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $316,547; costs = $219,406; other
    6·1 answer
  • Where should a company undergoing reorganization report the gains and losses resulting from the reorganization? Select one: a. o
    12·1 answer
  • Do you agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year? What about t
    12·1 answer
  • It takes a considerable amount of time to increase the production of pork. this implies that:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!