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gavmur [86]
4 years ago
15

jalbert incorporated planned to use materials of $11 per unit but actually used materials of $13 per unit, and planned to make 1

590 units but actually made 1780 units.the flexible budget variance for materials is?
Business
1 answer:
Tanzania [10]4 years ago
8 0

Answer:

Flexible budgeted variance is 3560 unfavorable

Explanation:

We have given budgeted cost to use the material = $11 per unit

And actual cost to use the material = $12 per unit

Budgeted unit produced = 1590 units

And actual unit produced = 1780 units

We have to find the flexible budgeted variance

Flexible budgeted variance is given by

Flexible budgeted variance = ( Budgeted cost of material - Cost of material used ) × actual units produced = ( $11 - $13 ) × 1780 = -3560 ( unfavorable )

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Angelina_Jolie [31]

Answer: Simple random

Explanation: In statistics, a simple random sample is a subset of individuals chosen from a larger set. Each individual is chosen randomly and entirely by chance, such that each individual has the same probability .In this technique, each member of the population has an equal chance of being selected as subject. The entire process of sampling is done in a single step with each subject selected independently of the other members of the population. Simple random sampling is a method used to cull a smaller sample size from a larger population and use it to research and make generalizations about the larger group . Simple random sampling is the most basic and common type of sampling method used in quantitative social science research and in scientific research generally.

5 0
3 years ago
Read 2 more answers
1. Which one of the following is not considered part
LiRa [457]

The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

<h3>What is the exterior finish of a house?</h3>

The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.

A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.

Thus, the exterior finish of the house is:

  • An entry door
  • Cornice
  • Exterior wall coverings

From the given options;

  • The ceiling of a porch or breezeway is usually inside the house.

Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

Learn more about a house here:

brainly.com/question/1739912

7 0
3 years ago
Ratification occurs when the principal accepts responsibility for the agent's acts. For ratification to be valid, the agent must
Zinaida [17]

Answer:

The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.

Explanation:

Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.

5 0
3 years ago
During 2019, Globe Life Corporation had following transactions affecting stockholders' equity: a. Feb. 1 Repurchased 230 shares
natali 33 [55]

Answer:

The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1

Explanation:

Feb 1.

Common Stocks  230*1                           Dr.$230

Paid in capital in excess of par 230*(22-1)  Dr.$4,830

Cash 230*22                      Cr.$5,060

b. Jul 15

Cash 130*23    Dr.$ 2,990

Common Stocks 130*1     Cr.$130

Paid in capital  in excess of par 130*(23-1) Cr.$2,860

c.Oct 1

Cash 100*21             Dr.$2,100

Common Stocks 100*1            Cr.$100

Paid in Capital in excess of par 100*(21-1) Cr.$2,000

5 0
3 years ago
Why does the “rfm” rubric present the three key measures (recency, frequency, and monetary value) in that order?
snow_lady [41]

The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

5 0
3 years ago
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