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erastovalidia [21]
3 years ago
12

Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purcha

sed. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Business
1 answer:
bearhunter [10]3 years ago
6 0

Answer: $600F

Explanation:

Given the following :

standard unit price - $1.80

actual purchase price per unit - $1.65

actual quantity purchased - 4,000

units actual quantity used - 3,900

units standard quantity allowed for actual production - 3,800 units

Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased

($1.65 - $1.80) × 4000

( $0.15) × 4000

$600F (Favorable) because standard price is higher than actual price

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Employee factors observed that may warrant further reporting and review by managers and other institutional officials include?
Salsk061 [2.6K]

Employee factors observed that may warrant further reporting and review by managers and other institutional officials includes:

  • Attrition reduction
  • improved productivity
  • General improved quality of life.

<h3>What factors affect employee performance?</h3>

The efficiency of workers in the workplace is known to be affected by:

  • The issue of raw talent and skill
  • Cognitive Biases.
  • Environment Design, etc.

Therefore, Employee factors observed that may warrant further reporting and review by managers and other institutional officials include attrition reduction, improved productivity, and general improved quality of life.

Learn more about Employee factors from

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6 0
2 years ago
The company ABC just paid $2 dividend per share, which will grow at 15% for the next three dividends. Afterwards, the dividends
Vika [28.1K]

Answer:

P0 = $137.2988907 rounded off to $137.30

Explanation:

The two stage growth model of DDM will be used to calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g1) / (1+r)  +  D0 * (1+g1)^2 / (1+r)^2  +  ...  +  D0 * (1+g1)^n / (1+r)^n  +   [(D0 * (1+g1)^n  *  (1+g2) /  (r - g2))  /  (1+r)^n]

Where,

  • g1 is the initial growth rate
  • g2 is the constant growth rate
  • D0 is the dividend paid today or most recently
  • r is the required rate of return

P0 = 2 * (1+0.15) / (1+0.07)  +  2 * (1+0.15)^2 / (1+0.07)^2  +

2 * (1+0.15)^3 / (1+0.07)^3  +  

[(2 * (1+0.15)^3 * (1+0.05) / (0.07 - 0.05))  /  (1+0.07)^3]

P0 = $137.2988907 rounded off to $137.30

7 0
3 years ago
A firm, with an 18% cost of capital, is considering thefollowing projects (on January 1, 2011):Jan. 1, 2011, Cash outflow (000's
Aleks [24]

Answer:

<em>c. $(265,460)</em>

Explanation:

The net present value of Project A shall be determined as needed.

The cash inflow of 31 December 2015 is five years from the current cash outflow and the net present value method uses the 18 per cent capital cost of the company.

The current value factor for 18 percent for 5 years is.4371, and $7.400,000 times.4371 is equivalent to $3.234.540, which is $265.460 lower than the current cash outflow of $3.5 million.

4 0
3 years ago
DO
kogti [31]

Answer:ok

Explanation:

8 0
3 years ago
An examination of the reasons given by people willing to accept the risks of entrepreneurship indicates that: A)the desire to ea
Mariana [72]

Answer:

B)many people become entrepreneurs because they do not enjoy working for someone else.

Explanation:

The examination of the reasons provided by the people who wants to accept the entrepreneurship risk as here most of the people become entrepreneurs but at the same time they dont enjoy working for someone else as they wabt to work for themselves not for someone else

Therefore as per the given situation, the option b is correct

6 0
3 years ago
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