Answer:
$44 per case.
Explanation:
If A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.
Then, To calculate the standard cost of direct materials for the jewelry box, we multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit.
The result is a standard direct materials cost of $44 per case.
Answer:
The spending on imports is $0 million.
Explanation:
GDP = C + I + G + (X – M)
Here, C is consumer spending of $4million, I is investment of $2million, G is government spending of $5million, X is exports worth $4million and M are imports which not given in the question. The GDP in the question is given and is $15million.
So by putting values in the equation we have:
15 = 4+ 2 + 5 + (4 - M)
15 - 4 - 2 - 5 - 4 = M
This emplies
M = $0 Million which means that the country has a complete ban on its importation of goods and services.
I am a leader in a paper manufacturer. Some of the ways that my firm can interface with the natural environment in a win-win situation is to develop a good reforestation program. First, I will have my employees plant and take care of trees. Second, I will adapt a waste treatment that will allow my discharge to be fit for irrigation and my solid waste to be used as fertilizer.
Answer:
Direct material quantity variance
= (Standard quantity - Actual quantity) x Standard price
= (27,600 - 28,100) x $2.40
= $1,200(A)
Standard quantity
= 3 square feet x 9,200 units
= 27,600 square feet
Explanation:
Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price.
Standard quantity is obtained by multiplying the standard quantity per unit ( 3 square feet) by actual units completed (9,200 units).
