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Scrat [10]
3 years ago
10

How can you determine if a company is profitable

Business
2 answers:
viktelen [127]3 years ago
6 0

if i’m not mistaken, i think the answer is B!

Tpy6a [65]3 years ago
6 0

Answer: by looking at its expenses only

Explanation:

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The Restaurant Group manufactures the bags of frozen French fries used at its franchised restaurants. Last​ week, purchased and
pishuonlain [190]

Answer:

Explanation:

The question was missing the actual amount of potatoes used and their actual price = 98,000 pounds at $0.85 per pound:

1. Determine the direct material price and quantity variances.

direct materials price variance = AQ x (AP - SP) = 98,000 x ($0.85 - $1) = $14,700 favorable

direct material quantity variance =  SP x (AQ - SQ) = $1 x (98,000 - 95,000) = $3,000 unfavorable

2. Think of a plausible explanation for the variances found in Requirement 1

Since the actual price of potatoes was less than the standard price, the price variance was favorable. But since the actual quantity used was more than the standard quantity, the quantity variance was unfavorable.

3. Determine the direct labor rate and efficiency variances.

direct labor rate variance = AH x (AR - SR) = 2,100 x ($12.45 - $12.15) = $630 unfavorable

direct labor efficiency variance = SR x (AH - SH) = $14.15 x (2,100 - 2,000) = $1,415 unfavorable

4. Could the explanation for the labor variances be tied to the material's variances?

Probably the labor efficiency variance since more materials had to be processed, but the labor rate variance is completely independent from the materials variances.

8 0
3 years ago
Jason works for a restaurant that serves only organic, local produce. What trend is this business following?
7nadin3 [17]

green business is what he works for

3 0
4 years ago
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If the marginal product of labor is increasing, the marginal cost of output must be
SVETLANKA909090 [29]
Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.



If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.



Hope that helps!!!
4 0
3 years ago
Firms issue callable bonds to give them financing flexibility in case future interest rates. True or False
AURORKA [14]

true is the answer for sure !!

7 0
3 years ago
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Which were important characteristics of Sparta's government? Select the two correct answers.
hammer [34]

The answer to your question would be A and E.

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