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
kumpel [21]
2 years ago
10

Bradford company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. the company actually used 4,5

00 pounds that cost $5.10 per pound to produce 2,000 units. what is the direct materials quantity variance
Business
1 answer:
Ivahew [28]2 years ago
5 0
Budgeted direct materials quantity
4000 pounds

Actual direct materials quantity
4500 pounds

Direct materials quantity variance
4500-4000=500 pounds ( underapplied)
You might be interested in
Monopoly has social costs because A. P is greater than MC and this implies economic inefficiency. B. too few resources are being
elena55 [62]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

A monopoly usually has all kinds of social costs. Price under monopoly is more than marginal cost, which also often means that society does not have the economic capacity.

In monopoly business, resources are usually used less and other businesses use more resources, which is why monopoly business is usually associated with social interests.

Monopoly businesses produce fewer goods but charge more on those goods because they are the sole producers of the services or goods they produce, so all three options are correct

4 0
2 years ago
Software that is developed and customized to meet the needs of companies within a specific industry is ______ software.
natka813 [3]

Answer:

it is a proprietary software

4 0
2 years ago
Shen lives in Dallas and runs a business that sells pianos. In an average year, he receives $851,000 from selling pianos. Of thi
Elis [28]

Solution :

1.

The income from renting his showroom that Paolo would receive if he allowed to rent his showroom is a Implicit cost as this is a cost which will not be paid in actual.

The wages as well as the utility bills paid by Paolo is an example of explicit cost as this cost would be paid in actual for the businesses and are added in accounting.

The wholesale amount that Paolo pays for the pianos to the manufacturer is an explicit cost and is aid in actual to the manufacturer.

The salary that Paolo could have earned if he choses to be an accountant will be an implicit cost as this cost is not paid in actual.

2. Paolo's accounting profit can be calculated by :

  Accounting profit = revenue - explicit cost

                                 = 851,000 - 476,000 - 281,000

                                = $ 94,000

3. Paolo's economic profit is :

   Economic profit = accounting profit - implicit profit

                             = 94,000 - 34,000 - 71,000

                              = -11,000

6 0
2 years ago
Darcy climbed into the cramped front seat of the pickup truck for a ride home just as Hakeem sped by on a shiny silver motorbike
nexus9112 [7]

Answer:

.

Explanation:

4 0
2 years ago
One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ tr
Flura [38]

<u>Answer: </u>One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you Exclude or Add transactions in QuickBooks Online from the downloaded transactions from the bank, they are marked Reconciled. This makes the end-of-period bank reconciliation more efficient.

<u>Explanation:</u>

Bank feeds is the online transaction platform provided for the customers to connect with the bank and download the transactions and access other online services. These transactions saves time for the users.

Bank reconciliation is checking the balances of the bank statement and the cash account. The difference in both the books are checked and reconciliation statement is passed to match both the books. Manual reconciliation takes time whereas it is easier to do it through quickbooks in online.

7 0
3 years ago
Other questions:
  • What is meant by the term “overhead” as it relates to a company’s financial<br> Operations?
    9·1 answer
  • If the effects of pollution on society as a measure of welfare were included in GDP calculations, that measure level of GDP woul
    11·1 answer
  • The lag problem associated with fiscal policy is due mostly to Group of answer choices the time it takes for changes in governme
    9·1 answer
  • Walsh Company sells inventory to its subsidiary, Fisher Company, at a profit during 2012. One-third of the inventory is sold by
    9·1 answer
  • Using a combination approach of your own words and research to define a project. What are five characteristics which help differ
    13·1 answer
  • In determining basic earnings per share, dividends on nonconvertible cumulative preferred stock should be:a. deducted from net i
    5·1 answer
  • A national survey for safety identified 20% hazard comes from company a, 20% from b, and 50% from company
    9·1 answer
  • Suppose Asarta Inc. is polluting yucko and they have been tasked with cleaning up some of their waste. The company decides to cl
    13·1 answer
  • Do you think expenditure on road building and maintenance is an on-budget or off-budget expenditure?
    7·1 answer
  • A business that invests in a federal "CD" (certificate of deposit, where they basically loan the government
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!