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
77julia77 [94]
4 years ago
12

The following information is for the standard and actual costs for the Happy Corporation:

Business
1 answer:
kap26 [50]4 years ago
3 0

Answer:

a. 24,000 unfavorable

Explanation:

Quantity Variance = Standard Price ( Actual Quantity - Standard Quantity Allowed)

             = $12 per pound  (8 lbs.*16,500 lbs-8 lbs.*16,000)

= $ 12 (132,000 lbs-130,000 lbs) = $ 12 (2000)= 24,000 unfavorable

It is unfavorable because the actual quantity used is more than the standard quantity allowed.

Quantity variance is obtained by multiplying the standard price with the difference in the actual quantity used and the standard quantity allowed.

You might be interested in
LAN security policies center on issues concerning connectivity; this includes determining how devices adhere to the network. Amo
Aloiza [94]

Answer:

The correct answer is controlled maintenance.

Explanation:

It is the maintenance whose mission is to maintain a certain level of service in the equipment, programming the interventions of their vulnerable points at the most appropriate time. It usually has a systematic character, that is, it intervenes even if the team has not given any symptoms of having a problem.

Some data transmission networks mess up the messages they send, so if the messages are sent in a certain sequence, they are not guaranteed to arrive in that same sequence. To solve this, the protocol must incorporate a mechanism that allows it to reorder the messages at the destination. This mechanism can be the numbering of the fragments, for example.

8 0
3 years ago
Read 2 more answers
Statutes that are enacted to protect the public are called licensing statutes. Generally, unlicensed persons cannot recover paym
guapka [62]

Answer:

If a statute is silent on this point, enforcement depends on whether it is a(n) REGULATORY statute or a revenue-raising statute.

Explanation:

Regulatory statutes regulate practitioners, e.g. doctors, constructors, real estate brokers, dentists, etc., and its main purpose is to protect the general public. This statues are state laws meant to regulate certain professions that may be considered sensitive or hazardous. E.g. a person that pretends to be a doctor can severely injure a patient or even kill him/her. A person that pretends to be a real estate broker can be committing fraud against his/her clients.  

8 0
3 years ago
Read 2 more answers
The interest paid on a municipal bond, otherwise known as a muni, is generally exempt from federal income taxes. therefore, the
Ratling [72]
That statement is true
A corporate Bond is way more senstive to the condition of the market which will affect the volatility of its value. Since government could technically produce their money from the federal reserve, the municipal bond is technically will always be paid (by risking inflation)
4 0
4 years ago
An airline has the following data about an​ airplane:
Drupady [299]

Answer:

Option C). This is a capital lease because it meets at least one of the four capital lease criteria.

Explanation:

In the following situations, the lease transactions are called Finance Lease.

i) The lessee will get the ownership of leased asset at the end of the lease term.

ii) The lessee has an option to buy the leased asset at the end of lease term at price, which is lower than its expected fair value at the date on which option will be excercised.

iii) The lease term covers the major part of the life of asset.

iv) At the beginning of lease term, Present value of minimum lease rental covers substantially the initial fair value of the leased asset.

In the given question, Present value of minimum lease rental amounting to $ 78 million covers substantially 94 % portion of the initial fair value of leased asset. Accordingly, last condition / last situation mentioned above to treat lease as finance lease is satisfied in the given question. In other words, out of four capital lease criteria mentioned above, fourth criteria / fourth condition (At the beginning of lease term, Present value of minimum lease rental covers substantially the initial fair value of the leased asset) is satisfied in this given question.

Present value of minimum lease rental as a percentage of initial fair value of leased asset :-

= (78 Million / 83 Million ) * 100

= 0.94 * 100

= 94 % (approx).

Lease in given question is capital lease because it meets at least one of the four capital lease criteria.

6 0
4 years ago
BP and Halliburton executives made the decision not to invest in the oil well blowout preventer that experts believe would have
Hoochie [10]

Answer:

relaxed avoidance.

5 0
3 years ago
Other questions:
  • The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $13,250 cash in the company. b. The company purch
    5·1 answer
  • 3. What's considered a retail service?
    9·2 answers
  • A customer, age 51, has a 20 year investment time horizon, a moderate risk tolerance, and is looking for investments that provid
    12·1 answer
  • EA13.
    12·1 answer
  • Which of these individuals is classified as unemployed? ( pick more then 1 )
    11·2 answers
  • If a gain of $221000 is realized in the cash sale of a building having a book value of $882000, the total amount reported in the
    11·1 answer
  • How old can you be to get your license?<br>A) 16<br>B) 18<br>C) 19 ​
    9·2 answers
  • Which type of training would be considered vocational training?
    9·2 answers
  • The outstanding capital stock of Novak Corporation consists of 1,800 shares of $100 par value, 7% preferred, and 5,100 shares of
    11·1 answer
  • Question 4
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!