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Law Incorporation [45]
3 years ago
9

Aunt​ Emily's Food Products is famous for its frosted fruit cake. The main ingredient of the cake is dried​ fruit, which Aunt​ E

mily's purchases by the pound. In​ addition, the production requires a certain amount of direct labor. Aunt​ Emily's uses a standard cost​ system, and at the end of the first​ quarter, there was a favorable direct materials cost variance. Which of the following is a logical explanation for that​ variance?
Business
1 answer:
Angelina_Jolie [31]3 years ago
4 0

Answer:

Consider the following explanation.

Explanation:

The logical explanation for that​variance is "<em>The purchasing manager was able to secure a volume discount on dried​ fruit, purchasing the fruit for less than the amount set by standard." As a consecuence of a previpous deal with the provider.</em>

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Typing with capital letters and exclamation points is an email is an example of
jeka94

Answer:

Probably poor etiquette.

Explanation:

If you give me answer choices I may be able to help even more. But as far as I know typing with all caps and exclamation points in an email is not the proper thing to do.

5 0
2 years ago
Read 2 more answers
Which of the following taxpayers (all of whom have one qualifying child for purposes of the child tax credit) are able to claim
worty [1.4K]

Mac and June, who file as married filing jointly with a modified AGI of $430,000 and a tax liability of $20,000.

Option D

Explanation:

For every eligible minor child under the age of 17 at the end of the tax year, the Child Tax Credit is granted to US taxpayers. In December 2017, the recent tax legislation doubled the loan to 2,000 dollars per child, making much of it reimbursable. 1 It was a non-refundable bonus of $1,000 previously.

If the taxpayer is filing jointly then the claim of child tax credit will be up to the tax liability. Thus, Mac and June has tax liability of $20,000 and the maximum limit of child credit is $2,000. Thus, they can claim full $2,000 claim and reduce their liability to $18,000.

7 0
3 years ago
The major advantage of margin trading is the
chubhunter [2.5K]

Answer:

The appropriate response is "Margin trading can influence a far bigger place".

Explanation:

  • The given topic Trading on margins offers shareholders not just the possibility of taking more opportunities unlike average, and perhaps moreover versatility for purchasing many more securities.
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8 0
3 years ago
5. Explain what would happen to interest rates if a new process was developed that allowed automobiles to run off oil that was f
guapka [62]

Answer:

When the new processes are developed for manufacturing it results in interest rate fluctuations. However, operational costs would become uncertain which would further affect the total production costs. Thus the value of an investment would be impacted. Automobile demand from the customers will also get affected. thus, fall in interest rate will have a significant and positive affect on the sale of automobiles as well as revenue.

8 0
3 years ago
A bond that pays interest semiannually has a coupon rate of 5.44 percent and a current yield of 4.91 percent. The par value is $
Aleksandr [31]

Answer:

Results are below.

Explanation:

Giving the following information:

Cupon rate= 0.0544/2= 0.0272

YTM= 0.0491/2= 0.02455

The par value is $1,000

<u>We weren't provided with the number of years of the bond. I imagine for 9 years.</u>

<u>To calculate the bond price, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 27.2*{[1 - (1.02455^-18)] /0.02455} + [1,000*(1.02455^18)]

Bond Price​= 391.93 + 646.25

Bond Price​= $1,038.18

4 0
2 years ago
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