1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
weeeeeb [17]
3 years ago
8

The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity i

s called the: Group of answer choices Controllable variance. Standard variance. Budget variance. Quantity variance. Price variance.
Business
1 answer:
victus00 [196]3 years ago
5 0

Answer:

Quantity variance.

Explanation:

The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the Quantity variance.

For instance, if Tony needs a standard quantity of 50 pounds of iron to construct a burglary, but only used 51 pounds, then the quantity variance is 1 pound of iron.

<em>Hence, the quantity variance is simply the difference between the actual quantity of materials that should be used and the quantity of materials that was used. </em>

You might be interested in
The following information is for S&amp;P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 V
prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense    $15,000

Variable administrative expense $6,000

Fixed administrative expense  $18,000

Total period Cost            $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000  

Fixed selling expenses         $15,000  

fixed admin expenses          $18,000

Total fixed cost                     $63,000

We simply added all the above items

7 0
3 years ago
arter Company sells merchandise on account for $4,000 to Hannah Company with credit terms of 2/10, n/30. Hannah Company returns
timama [110]

Answer:

The answers are:

  • Cr Accounts receivable $4,000
  • Dr $3,332 Cash
  • Dr $68 Sales discount
  • Dr $600 returned merchandise (damaged)

Explanation:

The credit terms of 2/10, n/30 means that if Hannah Company pays within ten days, they will get a 2% discount, or they have thirty days to pay the full receipt.

Hannah's check should be for:

($4,000 - $600) x 0.98% = $3,400 x 0.98% = $3,332  

Arter Company should record the following entries:

Cr Accounts receivable $4,000

Dr $3,332 Cash

Dr $68 Sales discount

Dr $600 returned merchandise (damaged)

6 0
3 years ago
Answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)
prohojiy [21]

Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

Hope this helps! Brainliest plz!

7 0
2 years ago
What is the primary purpose of most television commercials?
seraphim [82]

option C to persuade, just took the test

3 0
3 years ago
Read 2 more answers
Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to dep
andre [41]

Answer:

Account A

Explanation:

Since Irma has $500 to open a checking account and She wants an account with the lowest fees.

She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.

The Bank Account Terms and Conditions that would be best for Irma is Account A.

Account A will be sufficient as there is no indication for writing of checks and issuing checks  to clients as a form of payment, including the fact that the amount Irma has to open the account is just a base amount of $500

8 0
3 years ago
Read 2 more answers
Other questions:
  • According to economists, inflation is a. eliminated by the government. b. unavoidable, and therefore something beyond the contro
    13·1 answer
  • Auto Transmissions is expected to pay annual dividends of $1.90 and $2.10 over the next two years, respectively. After that, the
    14·1 answer
  • explain how the substitution effect in the income effect interact with changes in price to change the quantity of demand
    6·1 answer
  • What kind of policy can a company implement that can help diminish the activity of sending unsolicited email? email privacy poli
    14·1 answer
  • Phillip and Naydeen Rivers are married with two dependent children. The family has household income of $39,360 in 2018. They pai
    6·1 answer
  • If you don't know how much you will spend in a particular category such as clothing, you should
    8·1 answer
  • Suggest and explain four activities that would be ""customer focused"" in nature
    12·1 answer
  • A principal purpose of the Securities Exchange Act of 1934 is generally considered to be:
    13·2 answers
  • The factors that affect worker productivity include
    15·1 answer
  • Amazon is considered one of the best digital marketers and is known for establishing relationships with customers. The company t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!