Answer:
the material quantity variance is $1,350 unfavorable
Explanation:
The computation of the material quantity variance is given below:
Materials quantity variance is
= (Actual quantity × Standard price) - (Standard quantity × Standard price)
= (21,200 × $1.50) - [(2,900 × 7) × 1.5]
= $31,800 - $30,450
= $1,350 Unfavourable
Hence, the material quantity variance is $1,350 unfavorable
Answer:
(d) $26,000
Explanation:
The computation of the direct material cost is shown below:
= Fabric used to upholster furniture + Lumber used to build product + Freight in (raw materials)
= $8,000 + $15,000 + $3,000
= $26,000
The other cost which is mentioned in the question is related to direct labor, overhead cost, etc. Thus all other costs should be ignored.
Answer:
marginally attached staff and part-time staff that hope on getting full-time jobs
Answer:
Mezzanine loans/financing
Explanation:
These are given out by financial organizations and are viewed as obvious hazard capital since they depend on long haul money streams. Hazard capital is otherwise called venture capital. There is a lot of hazard when another business begins or is extending. Organizations will utilize mezzanine credits/financing to fund these activities.
The difference between what the total sales should have been, given the actual level of activity for the period, and the actual total sales is a: Variance.
<h3>What is a variance?</h3>
Variance refers to the difference between the expected sales realizations and the actual sales results. This is often common in business as businessmen tend to make projections for the future.
Sometimes the reality is far from what they believed will happen and this is what is referred to as variance. Variance also occurs in different life activities. Sometimes, individual projections are not realized and this is what is known as a variance.
Learn more about variance here:
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