Answer and Explanation:
The computation is shown below;
a. Raw material price variance is
= (standard price - actual price) × actual quantity
= ($10 - $11) × ($69,300 ÷ $11)
= ($10 - $11) × 6,300
= $6,300 unfavorable
b. The raw material usage variance is
= (Standard quantity - actual quantity) × standard price
= (525 × 13 - 6,300) × $10
= $5,250 favorable
In this way it should be calculated
<h2><em>Features of wealth :-</em> </h2>
<h3>The following are the characteristics of wealth: </h3>
- <em><u>Increased stress on wealth</u></em>: This definition presented considerable value to the nature of money in the economy. According to some economists, the economic success of any country depends on the accumulation of wealth.
<h3 />
- <em><u>Examining the Nature of Money:</u></em> According to this definition, economics is also divided with the investigation of the circumstances that led to the creation of wealth.
- <em><u>Research on the Nature of Wealth:</u></em> According to this definition the wealth of a nation consists only of physical products.
- <em><u>Economic Man: </u></em>This theory states that an economic man converges on his personal goal, that is to earn money
<h3> </h3><h2>Hope it helps.......</h2><h2>STAY SAFE, STAY HEALTHY AND BLESSED.</h2><h2>HAVE A GOOD DAY</h2><h2>THANK YOU</h2><h3>#Jennifer</h3>
Answer:
Total contribution margin= $59,800
Explanation:
Giving the following information:
Unitary selling price= 155,400 / 4,200= $37
Unitary variable cost= 100,800 / 4,200= $24
<u>To calculate the total contribution margin, we need to use the following formula:</u>
Total contribution margin= units sold*(selling price - unitary variable cost)
Total contribution margin= 4,600*(37 - 24)
Total contribution margin= $59,800
The revenue calculated shows they Harry should hire the second barber.
<h3>How to illustrate the information?</h3>
The revenue for one barber will be:
= $12 × 18 × 8
= $1728
The revenue for both barbers will be:
= $12 × 39 × 8
= $3744
In this case, there's more revenue and.he should hire the second barber.
Learn more about revenue on:
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Explanation:
In this case, I would have stick to my commitment which I made first.
No doubt the invitation of the second party was just like a dream come true, as that was being held by a popular group and all of my friends were going there, but ethically and morally I am supposed to stick to my commitment which i have made before this invitation. So my decision will be on moral and ethical grounds. I would attend the sleepover birthday party and would hope that the other party of popular group happens again.
