If a company has an unfavorable direct-material quantity variance, then any other above variance can occur.
The above judgment was made for the reason that variances are independent of direct material quantity variance and that all calculations are different. Because the total variance may be favorable or unfavorable, we also know that the total direct material variation is the sum of the material quantity and price variance. Direct labor efficiency variance in option (d) does not relate to material variance.
<h2>
What is unfavorable materials quantity variance?</h2>
Excessive usage of direct materials is indicated by a negative materials quantity variance. There are a variety of causes for the excessive use of direct materials, some of which include: purchase of inferior or inappropriate materials. recurring electricity outages (wastage may occur due to unscheduled stop and start of machinery and equipment)
<h2>Who is responsible for the direct materials price variance?</h2>
The production manager is in charge of monitoring excessive material usage. However, the purchasing department would be held accountable for the variation if the purchase manager made low-quality purchases to reduce the direct materials price disparity.
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Answer: The answer is Other Financing Uses and Sources.
Explanation: The other financing uses and sources are usually under Operating statement account in government accounting and budgeting.
Other financing uses and sources encompass limited number of special transactions that include non-operating revenue and expenditures. Other items that are included in this financial reporting line are proceeds from debt transactions, operating transfers, sale of government assets. While other financing uses are transfers into a fund and proceeds of debts issue and sale of government asset, other financing sources show the transfer from one fund to another.
It would be hardest to pass a tax increase on A. automatic car washes, because car washes are relatively more elastic than other products mentioned, so consumers would like this change the least.
Answer:
Tip
Raw Materials and Supplies
Machinery and Equipment
Factory Overhead and Utilities
Explanation:
Answer:
marketing is the business functions involved in developing and selling products that meet customer's need.
