Andrea has prepared the following list of statements about corporations. Identify whether each statement is true or false.

MC Qu. 97 The standard materials cost to produce... The standard materials cost to produce 1 unit of Product R is 7 pounds of ma

OleMash [197]

Answer:

total direct materials cost variance is $6,000 Favourable

Explanation:

first we get here Standard cost to manufacture

Standard cost to manufacture 6,000 units is = 7 × $47 × 6,000

Standard cost = $1,974,000

and

now we get here Actual cost to manufacturing

Actual cost to manufacturing 6,000 units is = 41,000 × $48

Actual cost = $1,968,000

and

now we get here Direct material cost variance that is express as

Direct material cost variance = Standard cost - Actual cost ..........1

put here value

Direct material cost variance = $1,974,000 - $1,968,000

Direct material cost variance = $6,000 Favourable

4 0

2 years ago

What is the relationship between a non-callable, option-free fixed rate bond's price and its yield?

Sophie [7]

Answer:

The relationship is that the price for these types of bonds is lower as the Yield is fixed and do not change over time.

The price of a Non-callable bond is cheaper than the price of the Callable bond as the Yield for a Non-callable bond is fixed. This suggest that the investor knows exactly what is the interest that is going to receive until the maturity of the bond.

5 0

3 years ago

Smith Jones Inc.'s stockholders are mostly individual investors, and there is relatively little institutional ownership. If seve

Anastasy [175]

Answer:

Small individual investors will benefit the most.

Explanation:

From the case given, it can be established that small individual investors represent the bulk of shareholders or business owners.

Also, from Smith Jones stock, we see that Pension and Mutual Fund constitute a bulk in the share position, and the direct intervention of shareholders motivate the management.

From the foregoing analysis, the shareholders holders have thus seek to incorporate corporate governance in the organization as a tool to reduce the agency problem between business owners and management. By this, management objectives and the shareholders could be aligned. The business owners singular objective is the profit maximization of their wealth, while the management is interested in their job security, status, mutual funds, pension and all. Since this objective of management has been duly taken care of by the shareholders, it is believer that this will boost the management morale and ultimately improve their performance. The result is thus increase in organisational performance with resultant growth in profit, share price and returns from the business. These are benefits to the individual investors.

6 0

3 years ago

Scientific endeavors only come from the desire to meet societal needs

ch4aika [34]

This is a positive statement

4 0

3 years ago

To be effective, an employee involvement program must ________. Group of answer choices rightsize the company by eliminating obs

meriva

To be effective, an employee involvement program must incorporate the unique demands of different cultures.

<h3>What is an employee involvement program?</h3>

Employee involvement programs encourage employees to assume mental ownership of the organization, which increases employee loyalty.

These initiatives and programs can also help the:

Company's performance,
Provide a safe work environment, and
Long-term viability.

To be effective, an employee involvement program must incorporate the unique demands of different cultures.

Learn more about employee involvement program here:

brainly.com/question/13134548

3 0

1 year ago