Answer:
Total direct materials cost variance is $66,000 and it is favorable.
Explanation:
Actual cost = Actual Quantity × Actual Price
= 300,000 × $1.78
= $534,000
Actual cost with selling price = Actual Quantity × Selling Price
= 300,000 × $2.00
= $600,000
The total direct materials cost variance is computed as:
Total direct materials cost variance = Actual cost with selling price - Actual Cost
= $600,000 - $534,000
= $66,000
It is favorable.
Working Note:
Actual Price per lbs = $534,000 / 300,000
= $1.78
Answer:
The correct answer is B) False.
Explanation:
The values of the army must always be taken into account, because they are the fundamental pillar of the institution. Any task or function that is performed in it, must be in accordance with those values, since otherwise it would be going in reverse to its missionary task.
Answer:
A. job rotation
Explanation:
Job rotation is when an employee is moved from one job role to another with the intent of making the employee familiar with all the units in the organisation.
Answer:
The correct answer is D
Explanation:
Arrangement of manufacturing or processing-plant is the one which defines the relationship where the franchisor transmits or shifts to the franchisee for the essential ingredients or for the specifications in order to make the specific product. And then the franchisee will market at the retail or wholesale level as per the standards of the franchisor.
So, in this situation, the franchisor supplies the essential ingredients of the franchisee for his store and then the franchisee sold to customers the ice cream. Therefore, this relationship is regarded as manufacturing or processing-plant arrangement.
