Answer:
direct materials quantity variance = 520 Favourable
Explanation:
given data
material = $2 per pound
produced = 1,000 units
Actual Quantity of Material = 5200
cost = $9,880
to find out
direct materials quantity variance
solution
we get here Material Price Variance that is express as
direct materials quantity variance = ( Standard Cost - Actual Cost) Actual Quantity of Material .......................1
put here value we get
direct materials quantity variance = 2-
× 5200
direct materials quantity variance = 520 Favourable
If the federal gasoline tax increases to $1 per gallon, the gasoline price rises, demand for bicycles shifts rightward.
Option B
<u>Explanation:</u>
If the price of gasoline increases, then probably there will be a decrease in the consumption of the same as a result of which the demand for the substitute product, bicycle increases.
Demand curve a graphical representation of changes in the product or service demanded along with the changes in the cost or price of the service or product. Increase in the demand for a product, is generally represented by the rightward shift in the demand curve.
Answer:
I am not a business student but I think this is common sense.
Yes most business people do that because they have to make sales, they pay taxes, buy raw materials, time wastage, fatigue, health related issues ,care for their family and would not want to go broke so I think that's most of it.
Hope I helped
Answer:
$0
Explanation:
According to the scenario, computation of the given data are as follow:-
Contributed amount = $20,000
Distribution amount = $15,000
As we know,
Taxable amount = Distribution amount - contribution amount
= $15,000 - $20,000
= - $5,000
The contribution amount is $20,000 more than the distribution amount $15,000. So distribution amount is not taxable.
She included $0 amount in her gross income this year.
Answer:
This question is missing the options given below:
A. 11%
B.13%
C. 15%
D. 17%
E. 20%
The correct answer is option B,the bond current yield is 13%
Explanation:
Bonds Current Yield = Year one cash flow / Current Price x 100 = 9 / 71.375 x 100 = 12.60% or approximately 13%
Note that 71 3/8 is the same as 71.375% as 3/8 gives 0.375 and when added to 71% gives 71.375%
The year cash flow is calculated as :9% of bond par value($100)=$9