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]
3 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]3 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
The sustainable growth rate is based on the premise that:
gulaghasi [49]
It is based on the premise that the sustainable growth rate is that the debt<span>-equity ratio will be held constant. The sustainable growth rate is the maximum rate of growth of the firm that sustain without having to increase </span><span>financial leverage for outside financing. It is measure of how large the firm and how quickly it can row without borrowing more money.</span>
7 0
3 years ago
What are the short-run economic effects when u.s. firms substitute labor outside of the u.s. for labor inside the u.s.?
AveGali [126]
<span>There will be a rise in employment and drop in the unemployment rate. It will be ideal for the US economy as the economy is driven on consumerism. More people with jobs means more spending. This will improve the GDP forecast and overall strengthen the broader economy.</span>
4 0
3 years ago
At Bargain Electronics, it costs $29 per unit ($16 variable and $13 fixed) to make an MP3 player that normally sells for $50. A
hjlf

Answer:

$34,800.

Explanation:

                           Reject               Accept

Revenues             $0        (3480*27) = $93,960     $93,960

Costs                    $0        (3480*16) = -$55,680  -$55,680

Shipping               $0        (3480*1) = -3480           -<u>$3,480   </u>

Net income          $0         34,800                          <u>$34,800</u>

So, the net income that Bargain Electronics would realize by accepting the special order is $34,800.

5 0
3 years ago
Outlining reasons why the customer's concern is not right is it effective
Pachacha [2.7K]
If a customer has a concern about a product or service you can chat with the customer about their reservations with it and how they won't actually have an affect on the product or service. It is normal for consumers to be weary of a new product or service so helping their reservations be but to rest makes it easier to sell them the product or service. 
3 0
4 years ago
Net interest margin—often referred to as spread—is the difference between the rate banks pay on deposits and the rate they charg
Minchanka [31]

Answer:

(a) P(X\:>\:5.40)=0.9938

(b) P(X\:

(c) X=4.975 percent

Explanation:

(a) Find the z-value that corresponds to 5.40 percent

.Z=\frac{X-\mu}{\sigma}

Z=\frac{5.40-4.15}{0.5}

Z=\frac{1.25}{0.5}=2.5

Hence the net interest margin of 5.40 percent is 2.5 standard deviation above the mean.

The area to the left of 2.5 from the standard normal distribution table is 0.9938.The probability that a randomly selected U.S. bank will have a net interest margin that exceeds 5.40 percent is 1-0.9938=0.0062

(b) The z-value that corresponds to 4.40 percent is Z=\frac{4.40-4.15}{0.5}=0.5The net interest margin of 4.40 percent is 0.5 standard deviation above the mean.

Using the normal distribution table, the area under the curve to the left of 0.5 is 0.6915

Therefore the probability that a randomly selected U.S. bank will have a net interest margin less than 4.40 percent is 0.6915

(c)  The z-value that corresponds to 95% which is 1.65

We substitute the 1.65 into the formula and solve for X.1.65=\frac{X-4.15}{0.5}

1.65\times 0.5=X-4.150.825=X-4.15

0.825+4.15=X

4.975=X

A bank that wants its net interest margin to be less than the net interest margins of 95 percent of all U.S. banks should set its net interest margin to 4.975 percent.

6 0
3 years ago
Other questions:
  • Taxes differ from tariffs because taxes are what?
    14·2 answers
  • Which journal entry reflects the adjusting entry needed on December 31?:
    12·2 answers
  • Anna is 88 years old and under the legal guardianship of her daughter. one day anna receives a telephone call from a health insu
    9·1 answer
  • Select the correct answer. What direction does the relationship between supply and price take? A. slopes upward B. parallel to t
    8·1 answer
  • An aging of a company's accounts receivable indicates that $3,000 are estimated to be uncollectible. If Allowance for Doubtful A
    8·1 answer
  • a strike by steelworkers raises steel prices how is the market for minivans affected ? will it increase or decrease?
    11·1 answer
  • Which of the following terms refers to legal protection provided against copying, distributing, performing, or changing both pub
    10·1 answer
  • A fast internationalization strategy for better generation has some associated risks. What are these risks?
    14·1 answer
  • Blaine, Inc., produces three products, Argon, Xon, and Zeon, from a joint production process. Data on the process are as follows
    15·1 answer
  • A bank reconciliation is a(n) ______. Multiple choice question. internal report prepared to verify the accuracy of the voucher s
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!