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Free_Kalibri [48]
3 years ago
10

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:
algol133 years ago
6 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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______________ produce fundamental changes that can transform a company or even revolutionize an industry, while ______________
Whitepunk [10]

Answer: Incremental innovation ( answer for both the blanks)

           

Explanation: In simple words, incremental innovation refers to the process under which small improvement are made to the current practices of business. Such improvements through innovation results in better products and services offerings.

Such small changes however occur in large volumes and can easily revolutionize any industry.

3 0
3 years ago
Aiello, Inc. had the following inventory in fiscal 2016. The company uses the LIFO method of accounting for inventory. Beginning
quester [9]

Answer:

The correct answer is B. $1,800.00

Explanation:

LIFO Perpetual table is attached.

The table shows purchases, sales and balance of each period.

As the final inventory is 120 units, we suppose the sales of the year.  Applying LIFO,  our ending inventory cost is 120 units, each one at $15

So,  total cost is $1800 (120* 15)

Download xlsx
8 0
4 years ago
A teacher has decided to take her fifth grade class to a play. The manager of the theater agreed to discount the regular ​$35 pr
MArishka [77]

Answer:

40 students

Explanation:

The cost of the bus is $480

For x students, the cost of each ticket will be 35 - 0.30x

The total cost of the tickets for x students will be x(35 - 0.30x)

To find the number of students that will make the cost per student equal to $33, we solve for x:

<u>480+ x(35 - 0.30x)</u>  =35

                x

480+ x(35 - 0.30x<u>)</u>   = 35x

480 + 35x - 0.30x²   = 35x

480                            = 0.30x²

1,600                          = x²

40                               = x

The cost per student will be $35 if the number of students is 40; it will be less than $35 if the number of students is greater than 40.

8 0
3 years ago
International business differs from domestic business in that a firm operating across borders must deal with: Group of answer ch
Novosadov [1.4K]

Answer: A firm operating across borders must deal with both foreign and international environment. Options A and B

Explanation:

International Business is a kind of business between two or more countries, that involves the trade of products and services across national borders or on a global level.

An example is the oil industry in which oil is produced by one country and sold to another. Both countries deal with both Foreign and International environments.

5 0
3 years ago
Why is your amount owed considered when determining your credit score?
ankoles [38]

Answer:

Owing cash on credit accounts doesn't really mean you're a high-hazard borrower with a low credit Score. Notwithstanding, when a high level of an individual's accessible credit is been utilized, this can show that an individual is overextended, and is bound to make late or missed installments.

The amount owed on different accounts decides 30% of the FICO score. Aside from the general amount owed, the FICO scores think about the amount claimed freely on explicit accounts. On the off chance that you utilize a noteworthy part of the credit you are qualified for, it can negatively affect the FICO scores. Be that as it may, utilizing a less amount from as far as possible allowed can give you a superior score than not utilizing the credit by any stretch of the imagination.  

3 0
3 years ago
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