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atroni [7]
3 years ago
14

he Strawberry Mansion Company reported the following: Standard quantity per unit 3 lbs Standard price per pound $2.75 Actual pou

nds used 15,000 lbs Actual price per pound $3.00 Number of units produced 4,900 Determine the direct materials price variance. a.$3,750 favorable b.$3,675 unfavorable c.$3,750 unfavorable d.$3,675 favorable
Business
1 answer:
harkovskaia [24]3 years ago
4 0

Answer:

Direct material price variance= $3,750 unfavorable

Explanation:

Giving the following information:

Standard price per pound $2.75

Actual pounds used 15,000 lbs

Actual price per pound $3.00

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

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.75 - 3)*15,000

Direct material price variance= $3,750 unfavorable

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A market researcher divides the Dallas metropolitan area into blocks having roughly equal populations. He then selects a random
stira [4]

Answer: . two-stage area

Explanation:

In two-stage specimen sampling, a simple random sample of specimen is selected and then a simple random sample is selected from the units in each sampled specimen. Two-stage sampling is used when the sizes of the specimens are large, making it difficult or expensive to observe all the units inside them.

7 0
3 years ago
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You are thinking about opening your own personal retirement account at a local bank. The IRA account that the representative spo
gulaghasi [49]

Answer: The options are missing in the question,they are;

A) Rollover IRA

B) Educational IRA

C) Traditional IRA

D) Roth IRA.

The correct answer to the question is option D

ROTH IRA.

IRA- Individual retirement account.

Explanation: Roth IRA is a type of IRA account,it is a type of tax-advantaged retirement savings account.it allows one to pay more taxes inorder to get a bigger tax savings down the line as the investment grows, when it's time for withdrawal,it will be tax-free.

The contributions in Roth IRA are not tax-deductible, but once you start withdrawing funds, the money is tax-free. savings are built by allowing the owner of the Roth IRA to make regular contributions and invest them in a portfolio of stocks, bonds, mutual funds or other investments.the taxes on investment transactions that occurs in the Roth IRA account are deferred until withdrawal of any earnings are made. Just like other IRA accounts,Roth IRAs offer several key benefits, including tax-free growth, tax-free withdrawals in retirement, and no required minimum distributions,the only disadvantage of a Roth IRA is that contributions to a Roth are limited by your household income.

4 0
3 years ago
discuss how a large food retailer , with many shops could effectively communicate corporate objectives to it's workforce ​
Amanda [17]

Answer:

3. Planning, and controlling & evaluation are considered as the two sides of a coin. Discuss why they are considered like this with examples

Explanation:

8 0
2 years ago
If OPEC decided to cut oil production for the coming year, what would be the MOST LIKELY effect?
LekaFEV [45]

Answer:

Maybe a loss in jobs?

Explanation: Because people who work for the oil company have to stop working idk

3 0
3 years ago
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Donald Gilmore has $100,000 invested in a 2-stock portfolio. $35,000 is invested in Stock X and the remainder is invested in Sto
netineya [11]

Answer:

Beta of Portfolio is 0.98

Explanation:

<u>Given</u>:  Investment in security X = $35,000

            Investment in security Y = $65,000

            Beta of X = 1.5

            Beta of Y = 0.70

Beta is a measure of degree of responsiveness of a security return with respect to market return.

The portfolio beta is the weighted average beta of individual stock beta's in a portfolio.

Beta of portfolio = Beta of Stock X × Weightage of money invested in X + Beta of Y × Weightage of money invested in Y

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Beta of Portfolio = 0.525 + 0.455 = 0.98

6 0
3 years ago
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