Answer:
The correct answer is D: $3500 unfavorable
Explanation:
Giving the following information:
Standard:
Direct materials standard 10 pounds per unit
Direct materials standard cost $0.75 per pound
Actual:
Material purchased cost $0.85 per pound
Direct materials purchased 40,000 pounds
Direct materials used 35,000 pounds
Finished goods produced 4,500 units
Direct material price variance= (SP-AP)*AQ
SP= standard price
AP= actual price
AQ= standard quantity
Direct material price variance= (0.75-0.85)*35000
Direct material price variance= $3500 unfavorable
Answer:
$6.18
Explanation:
Data provided in the question:
Lease payment = $3,091 per month
Wages = $2,208
Amount for Flowers and other supplies = $1,887
Number of flower arrangements produced per month = 662
Now,
The Variable cost are Wages and Amount for Flowers and other supplies
therefore,
Total variable cost = $2,208 + $1,887
= $4,095
Hence,
Emma’s average variable cost of production
= [ Total variable cost ] ÷ [ Number of flower arrangements produced ]
= $4,095 ÷ 662
= $6.18
Answer:
$ 8500 paid by the university
Explanation:
The dormitory fees are recorded as part of his gross income because it is a payments given to his services rendered which was counseling freshman on campus living. The dormitory fees gotten can be taxed for this reason unlike the scholarships received for tuition, fees, books can be excluded from gross income as they are required for the student courses.
Answer:
A pay back the investors with interest I believe
