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Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 7.6 liters per unit

frosja888 [35]

Answer:

Direct material quantity variance= $1,260 unfavorable

Explanation:

Giving the following information:

Standard quantity of 7.6 liters per unit

Standard price $ 2.10 per liter

The company budgeted for production of 3,400 units.

The actual production was 3,500 units.

The company used 27,200 liters of direct material to produce this output.

To calculate the direct material quantity variance, we need to use the following formula:

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

Standard quantity= 3,500 units* 7.6= 26,600

Direct material quantity variance= (26,600 - 27,200)*2.1= $1,260 unfavorable

It is unfavorable because the company used more material than estimated to produce 3,500 units.

6 0

3 years ago

your experience indicates that offering a discount in your email increases responses by 75% year last email without a discount y

HACTEHA [7]

Answer:

The number of responses if a discount is offered would be 33,250

Explanation:

1. Let's review the information given to us to answer the question correctly:

Number of responses you had without offering discount = 19,000

Percentage of increase if you offer a discount = 75%

2. If you mail the same size list and offer discount how many responses would you expect?

Number of responses if a discount is offered = Number of responses you had without offering discount * (1 + 0.75)

Replacing with the real values, we have:

Number of responses if a discount is offered = 19,000 * 1.75

Number of responses if a discount is offered = 33,250

The number of responses if a discount is offered would be 33,250

3 0

3 years ago

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermed

Mashcka [7]

Answer:

A Tying Contract

Explanation:

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in a tying contract. It is mostly treated as an illegal because it pushes intermediary organization to buy other products if they wishes to purchase the products which is actually needed to be purchased. Some companies make it compulsory for their intermediaries in doing so. For example, if you have to buy 10 packs of Lays, then you must be buying 5 extra boxes of Pepsi as well. It is being done because of the power and market share that company is enjoying in the market, so they take its advantage.

7 0

3 years ago

Bachelor's degrees are awarded by

Misha Larkins [42]

A bachelor's degree (from Middle Latin baccalaureus) or baccalaureate (from Modern Latin baccalaureatus) is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years (depending on institution and academic discipline).

5 0

3 years ago

Read 2 more answers

Anna is willing to spend $500 for the bike she wants. if she finds a bike store where the price of the bike she wants is only $4

muminat

The answer is $100. The consumer surplus is $100 because that is the difference between what Anna has set as her ceiling for the purchase of the bicycle, $500, and then subtracted by the amount that she actually does pay, $400, that difference is what is referred to as consumer surplus. What the consumer is mentally committed to paying minus what the consumer actually pays.

8 0

3 years ago