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Dominik [7]
3 years ago
5

The following materials standards have been established for a particular product: Standard quantity per unit of output 4.5 meter

s Standard price $17.40 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,000 meters Actual cost of materials purchased $124,250 Actual materials used in production 6,500 meters Actual output 1,420 units What is the materials price variance for the month?
Business
1 answer:
sweet-ann [11.9K]3 years ago
3 0

Answer:

$2,450 Unfavorable

Explanation:

The computation of material price variance is shown below:-

Material price variance = ( Standard Price - Actual Price ) × Actual Quantity of materials purchased

= $17.40 - ($124,250 ÷ 7000) × 7,000

= ($17.40 - $17.75) × 7000

= $2,450 Unfavorable

Therefore for computing the material price variance we simply applied the above formula.

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The fuel is exposed to heat and oxygen and it burns producing byproducts and heat. The heat is ultimately often used in an engine to reduce motion for transportation some other form of mechanical motion or Electricity
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2 years ago
"In the past few years, McDonald’s has made a lot of changes to its menu, adding more healthy choices and more higher-priced ite
Andreas93 [3]

Answer: This can be explained as follows:-

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3 0
3 years ago
Strategic behavior is required to win a presidential election. For each example below, indicate if it is a rule, strategy, or pa
rosijanka [135]

Answer:

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Emphasizing different messages to different voter groups is another strategy, this entails telling each of the people things that are their most needs in a bid to convince them to vote for you. It is a strategy that has always worked.

Securing endorsements and large campaign contributions is a payoff, it is an aftermath of popular acceptance by the people.

Limits on sources of fundraising and campaign contributions is a rule established by the states to encourage fair play in the electoral system or process.

Explanation:

see Answer

4 0
3 years ago
The 2016 financial statements of Leggett & Platt, Inc. include the following information in a footnote. What are the company
nalin [4]

Answer:

$493.8

Explanation:

Since the 2016 financial statements of Leggett & Platt, Inc. includes the following information in a footnote.  (in millions) 2016 2015 Allowance for doubtful accounts $ 7.2 $ 9.3 Total accounts and other receivables, net $486.6 $520.2

Therefore the company’s current gross accounts and other receivables at the end of 2016 is

Net Total accounts and other receivables, net $486.6

Allowance for doubtful accounts ..........................<u>...$ 7.2</u>

Gross accounts and other receivables................<u>$493.8</u>

<u>The gross accounts and other receivables will be the amounts before making any allowances for doubtful accounts</u>

3 0
3 years ago
Melanie works in the public relations department at a major university. She is the editor of an internal newspaper, called Updat
Maurinko [17]

Options:

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Answer:D) employee relations.

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3 years ago
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