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3 years ago

One of the tasks for financial managers when identifying projects that increase firm value is to identify those projects where

Business

1 answer:

GenaCL600 [577]3 years ago

8 0

Taking the project will decrease the book value of the firm's debt outstanding

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Acme Company’s production budget for August is 17,600 units and includes the following component unit costs: direct materials, $

Ivan

Answer:

Instructions are below.

Explanation:

Giving the following information:

Actual production in August was 18,810 units.

During August, 319,770 pounds of raw material were used that were purchased at $0.50 per pound.

The standard direct material cost per unit consists of 11 pounds of raw material at $0.7 per pound.

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

<u></u>

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

Direct material price variance= (0.7 - 0.5)*319,770

Direct material price variance= $63,954 favorable

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

Standard quantity= 18,810*11= 206,910

Direct material quantity variance= (206,910 - 319,770)*0.7

Direct material quantity variance= $79,002 unfavorable

7 0

4 years ago

What is the earliest and latest patent found on a spork design

bezimeni [28]

the earliest is the year the year 2018 and the first time one was invented was 1804! crazy huh it is really funny tho... hope this helps!

7 0

4 years ago

You are considering the following two mutually exclusive projects. The required rate of return is 10. 75 percent for project a a

kherson [118]

Answer:

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Explanation:

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3 0

2 years ago

The chief distinguishing factor of a corporation is its 1.________ . An investor who purchases stock in a corporation becomes a

elena-14-01-66 [18.8K]

Answer:

1. Limited liability

2. Shareholder

The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.

When an investor purchases shares of a corporation, becomes a shareholder of a corporation. He can then benefit from the growth in the company since he is also the owner of the company.

6 0

3 years ago

Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for

Tatiana [17]

Answer:

60 pounds

Explanation:

The computation of the reorder point is shown below:

= Daily demand for pizzas × lead time

= 20 pounds × 3 days

= 60 pounds

The reorder point would be found out by multiply the daily demand of pizzas and the lead time which is given in the question.

All other information which is given in the question is not relevant. Hence, ignored it

7 0

3 years ago