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e-lub [12.9K]
3 years ago
10

The following data are given for Stringer Company:

Business
1 answer:
DerKrebs [107]3 years ago
7 0

Answer:

c.572.80 unfavorable

Explanation:

The computation of the direct material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $1.79 × (1,065 units × 10 - 10,970)

= $1.79 × (10,650 - $10,970)

= $1.79 × 320

= $572.80 unfavorable

Since the actual quantity is more than the standard quantity so in this case it is unfavorable variance

We simply applied the above formula to find out the material quantity variance

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NoGrowth Industries presently pays an annual dividend of $ 1.90 per share and it is expected that these dividend payments will c
dybincka [34]

Answer:

$17.27

Explanation:

The stock intrinsic value is calculated using dividend discounted model (DDM). The DDM is stated as below:

Stock intrinsic value = [This year dividend x (1 + Dividend growth)]/[Equity cost of capital - Dividend growth]

                                  = [1.9 x (1 + 0%)]/[11% - 0%] = $17.27

So vlaue of NoGrowth's stock is estimated at $17.27

5 0
3 years ago
The use of block grants, allowing states considerable leeway in how federal money is spent, was championed by President ________
AfilCa [17]

Answer:

President Richard NIxon

Explanation:

The President Nixon administration came up with the idea to decentralize power as well as some programs to the state governments of the USA to reduce the pressure on the Federal government in the wake of the continued unrest from the Vietnam war alongside unemployment, etc.

In decentralizing power and programs, the giving of block grants and aids to states ensured the reduction in the dependence of the economy on the federal government and as such states began to take care of problems within it.

Cheers.

8 0
3 years ago
John Cotton is an employee at Radiance Senior Living. He received the following benefits from his employer during 2021 on the co
sertanlavr [38]

The  amount of these benefits that is taxable for 2021 is $1,680.

<h3>Benefits that is taxable for 2021</h3>

The Benefits that is taxable for 2021  is Personal protective equipment of the amount of $140 per months.

Hence:

Taxable benefit=$140×12 months

Taxable benefit=$1,680

Therefore the  amount of these benefits that is taxable for 2021 is $1,680.

Learn more about Benefits that is taxable for 2021 here:brainly.com/question/26652580

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3 0
2 years ago
12. Hector works in a gas station and earns $8.60 per hour. Last week he
dangina [55]
I could be wrong but his gross pay is 249.4
5 0
3 years ago
Antonio’s makes the greatest pizza and delivers it hot to all the dorms around campus. Last week Antonio's supplier of pepperoni
Lynna [10]

Answer:

At first, It will have no impact.

Later it will make the equilibrium price go higher. Quantity unchanged

Explanation:

First The raw material cost increase in the pepperoni will decrease the profit of Antonio's pizzas with that ingredient. It will not have an impact on the pizzas market.

But once after, Antonio's decides to markup the price, to get their previous profit margin back, the price of the pizzas will increase and because is the only supplier around campus their demand will not react (low to any elasticity to price) to the price rise and accepts the new price.

7 0
3 years ago
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