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
vovangra [49]
2 years ago
14

Allen Boating Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skil

led labor. Allen uses standard costs to prepare its flexible budget. For the first quarter of the​ year, direct materials and direct labor standards for one of their popular products were as​ follows: Direct​ materials: 1 pound per​ unit; $ 11 per pound Direct​ labor: 4 hours per​ unit; $ 17 per hour Allen produced 2 comma 000 units during the quarter. At the end of the​ quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 99 comma 900. What is the direct materials efficiency​ variance?
Business
1 answer:
jek_recluse [69]2 years ago
5 0

Answer:

Direct material quantity (efficiency) variance= $60,500 unfavorable

Explanation:

Giving the following information:

Standards:

Direct​ materials: 1 pound per​ unit; $ 11 per pound

Allen produced 2,000 units during the quarter.

Direct material used= 7,500 pounds

To calculate the direct material efficiency variance, we need to use the following formula:

Direct material quantity (efficiency) variance= (standard quantity - actual quantity)*standard price

standard quantity= 2,000*1= 2,000 pounds

Direct material quantity (efficiency) variance= (2,000 - 7,500)*11

Direct material quantity (efficiency) variance= $60,500 unfavorable

It is unfavorable because the company used more materials that estimated to produce 2,000 units.

You might be interested in
The fed can increase the federal funds rate by
Stella [2.4K]

The answer is selling Treasury bills, which decreases bank reserves. The government securities that are used in open market processes are Treasury bills, notes or bonds. If the FOMC needs to grow the money supply in the economy it will acquire securities. On the other hand, if the FOMC wants to decrease the money supply, it will vend its securities.

5 0
3 years ago
For each hypothetical scenario, indicate whether the tariff described is more likely a protective tariff or a revenue tariff.
LenaWriter [7]

Answer:

a. In response to concerns from business leaders, a legislator has designed a new tariff on raw materials used by many manufacturing firms. The legislator felt the new tariff was necessary based on input from the private sector that new discoveries of natural resources abroad would threaten to put domestic producers of raw materials out of business. To meet this goal, this tariff will charge $1,500 on every crate of the imported goods plus an additional 6% of the total value of the imported goods.

  • protective tariff since it is designed to protect domestic industries from competition of out of state producers. It is designed to increase the price of imported goods.  

b. In an effort to balance next year's budget, a senator has proposed a new tariff. She proposed the new tariff with a goal of raising a total of $100 million, To meet this goal, this tariff will charge $2,000 on every ton that is imported.

  • revenue tariff since its main purpose is to increase government revenue, not to protect domestic industries.
7 0
2 years ago
Under the First Amendment, commercial speech is:
Dmitriy789 [7]

Answer:

The correct answer is the option A: subject to intermediate scrutiny unlike political speech.

Explanation:

On the one hand, the <em>First Amendment to the United States Constitution</em> is the law that basically protects the rights of the people to have a free speech and moreover, establishes that the government can not intervene in an establishment of religion and prohibits the free exercise of religion.

On the other hand, the <em>Commercial Speech</em> under the First Amendment is seen as a particular case of speech due to the fact that this one can be harmful for the people and therefore can be fraudulent to them and in order to prevent that from happening the First Amendment does not protect so much the commercial speech and this last one is far more regulate it by the government than political speech.

6 0
3 years ago
In the management section of the proposal the contractor should define the that will be performed and provide a of what each maj
SVETLANKA909090 [29]

Answer:

Description of the major tasks.

Deliverables.

Project schedule.

Related experience.

Project organization.

Equipments and facilities.

Explanation:

•Description of the major tasks explains the specific job duties, these duties are the major reasons for the project.

•Deliverables talks about the ability to quantify the project and what will be delivered when the work is completed.

•Project schedule: What needs to be done and the duration or time frame for which the project will be completed. It is the total work required for the project to be promptly delivered.

•Related experience : Any past job experience related to the project, a track record of successfully completed projects as it relates to the present project.

•Project organization: Structures put in place to facilitate supervision and implementation of every required project activity.

•Equipment and facilities: Items needed for the project to be completed.

4 0
3 years ago
A local pizza parlor adds special seasonal pizza to its menu every month, and they are thinking of permanently adding one to the
polet [3.4K]

Answer:

If the past analysis suggests that the customers consume more of the special flavors then that special flavor can be added to the menu permanently. But the analysis is to be made that of which flavor is consumed more than the regular ones {already in the menu}. The taste of customers is important and this will help in adding more seasonal flavors {they can be added in the regular menu if the customers prefer new flavor}. If the analysis finds that customers don't consume special flavors for more than a single time than new flavors needs to be launched every month in order to secure high number of sales.

This 4 month analysis will enable the local pizza parlor achieve a good customer satisfaction and reach its goal.

Explanation:

If the past analysis suggests that the customers consume more of the special flavors then that special flavor can be added to the menu permanently. But the analysis is to be made that of which flavor is consumed more than the regular ones {already in the menu}. The taste of customers is important and this will help in adding more seasonal flavors {they can be added in the regular menu if the customers prefer new flavor}. If the analysis finds that customers don't consume special flavors for more than a single time than new flavors needs to be launched every month in order to secure high number of sales.

This 4 month analysis will enable the local pizza parlor achieve a good customer satisfaction and reach its goal.

6 0
2 years ago
Other questions:
  • Which of the following factors will help the United States regain comparative advantages in industries in which it has lost comp
    6·1 answer
  • Saint Petersburg Gambles - You are offered the following gamble based on coin flips. If the first heads occurs on the first flip
    6·1 answer
  • 1. Discuss how core factors, cues to quality, and interpersonal factors of a product influence your buying decisions. Discuss wi
    11·1 answer
  • 1. Arness Woodcrafters sells $300,000 of receivables to Commercial Factors, Inc. on a with recourse basis. Commercial assesses a
    9·1 answer
  • In your opinion ,what is the correct priority in making a business decision?
    11·2 answers
  • What includes the tasks, activities, and responsibilities required to execute each step in a business process?
    9·1 answer
  • Harry and Meghan have considered starting their own business but are concerned about the possibility of losing even their person
    15·1 answer
  • Uncertainties such as natural disasters are: Select one: a. Estimated liabilities because the amounts are uncertain. b. Not cont
    10·1 answer
  • Make a _____ _____ _____ before selecting the stock best suited for your project.
    6·1 answer
  • ada inc. stopped its production of oral care goods after determining apparel production to be its new primary objective. this is
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!