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scoray [572]
4 years ago
13

Petroski Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of acti

vity was 19,700 skeins and the actual level of activity was 19,900 skeins. The company's owner budgets for dye costs, a variable cost, at $0.67 per skein. The actual dye cost last month was $13,910. In the company's performance report for last month, what would have been the spending variance for dye costs?
Business
1 answer:
guapka [62]4 years ago
4 0

Answer:

$577 Unfavorable

Explanation:

The calculation of spending variance for dye costs is shown below:-

Spending variance for dye cost = (Standard rate - Actual variable) × Actual units

= ($0.67 - $13,910 ÷ 19,900) × 19,900

= (0.67 - 0.69899) × 19,900

= $577 Unfavorable

Therefore for computing the spending variance for dye costs we simply applied the above formula.

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A buyer offers to purchase a house in Spokane for $200,000 and provides a $12,000 earnest money deposit. The seller accepts the
ivann1987 [24]

Answer:

The answer is given below;

Explanation:

The seller can hold amount to the maximum of $10,000 from earnest money deposit.The same will be placed in state pool trust account where the interest will be payable to the state. The difference of $2,000 may be repaid to the buyer subject to conditions of the agreement.

7 0
4 years ago
The employment statistics computed from the establishment survey do NOT include: a. workers with two jobs. b. those who are self
Helen [10]

The employment statistics computed from the establishment survey do not include those who are self-employed. Thus option (B) is correct.

<h3>What is self employment?</h3>

Self Employment refers to the activity in which the individual carries out all the business activities by himself and he is the owner of the business. He operates the business for earning profits.

Self-employed people are not included in the employment data derived from the establishment survey. Therefore, The correct option is (B).

Learn more about Self Employment here:

brainly.com/question/16712087

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5 0
2 years ago
Prepare the Budgets given the following information Budgeted sales are expected to be: January 200 Units February 300 Units Marc
umka21 [38]

Answer:

<u>Sales Budget</u>

               January February  March     April    May

Units Sold       200       300       400      300       400

Price per unit         $10      $ 10       $ 10       $ 10       $ 10

Sales Rev       $ 2.000  $ 3.000 $ 4.000 $ 3.000 $ 4.000

Explanation:

We have to multiplithe amount of units sold each month by the sales price per unit of each month.

For the second question, which is the production budget we require the beginning inventory at Jan 1st and the desired inventory policy else, we cannot complete it. Please add this as details for the question Thank you =)

4 0
3 years ago
Comcast (CMCSA) is trading at 54.33. You decide to short sell 100 shares of their stock, providing 2850 in collateral to your br
s344n2d4d5 [400]

Answer: =-9.34%

Explanation:

Assuming the brokerage account pays no interest on your cash, the return, relative to the collateral will be calculated as:

= (Short sell price - dividend - Share buy price)/Capital employed

= (5433 - 100 - 5600) / 2850

= -267 / 2850

= -0.09368

=-9.34%

Note:

Short sell price = 54.33 × 100 = 5433

Dividend = 100

Share buy price = 56 × 100 = 5600

3 0
3 years ago
When managerial accountants assign costs to the production of specific products, the costs that are easiest to assign are
MAXImum [283]
<span>When managerial accountants assign costs to the production of specific products, the costs that are easiest to assign are direct labor and direct materials costs.


I hope this helps!</span>
3 0
4 years ago
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