Answer:
$6.25 per yard
Explanation:
The computation of the standard price per yard of material for its safety suits is shown below:
Material quantity variance = Standard Price × (Actual quantity - Standard quantity)
-$5,000 = Standard price × (10,000 - 10,800)
Standard price = -$5,000 ÷ (-800)
= $6.25 per yard
Hence, the standard price per yard of material for its safety suits is $6.25 per yard
Answer:
d. $1,875 unfavorable
Explanation:
Direct material quantity variance is computed as;
= (AQ - SQ) × SP
AQ = Actual quantity = 6,300 units
SQ = Standard quantity = 14,200 / 2 = 7,300 units
SP = Standard price = $0.80
Direct material quantity variance
= (6,300 - 7,300) × 0.80
= -1,000 × $0.80
= -1,875 unfavorable
Answer:
Absorb water means to suck up or drink in.
Four perspectives are integrated to form the balanced scorecard framework. the financial perspective focuses on the view of the firm by the customer.
The four perspectives of the Balanced Scorecard are Learning and Growth, Business Process, Customer Perspective, and Financial. These four areas, also called legs, form the company's vision and strategy.
A strategy-based performance management system that typically identifies goals and actions from four different perspectives: financial perspective, customer perspective, process perspective, and learning and financial perspective.
The Balanced Scorecard helps you strategically manage your organization. The Balanced Scorecard is based on four perspectives including financial, business process, customer, and organizational capabilities. This allows companies to discover their shortcomings and develop strategies to overcome them.
Learn more about financial perspective at
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Answer:
Total Cost increase 5,253.4 unit
Explanation:
given data
weekly price a = $3.40 per gallon
ramp up weekly b = 35%
ramp up weekly upto x = $150( in hundred)
solution
we will use here the regression equation that is
Y = a + b x ...........................1
here Y is Total Cost and a is fixed cost and
b is rate of variability and x is level of activity
so here put value in equation 1 we get
Total Cost Y = 3.40 + 0.35 × ( 15,000)
Total Cost Y = 3.40 + 5,250
Total Cost increase 5,253.4 unit
