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malfutka [58]
3 years ago
14

Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company’s products, a football helmet for the N

orth American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,800 helmets, using 2,774 kilograms of plastic. The plastic cost the company $18,308. According to the standard cost card, each helmet should require 0.67 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,800 helmets? 2. What is the standard materials cost allowed (SQ × SP) to make 3,800 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance?
Business
1 answer:
umka21 [38]3 years ago
6 0

Answer:

1. Standard quantity of kilograms

  = 0.67 kg x 3,800

  = 2,546 kg

2. Standard material cost allowed to make 3,800 helmets

  = 0.67 x $7 x 3,800

  = $17,822

3. Material spending variance     $

   Standard material cost           17,822

   Less: Actual material cost      18,308

                                                    486(U)

4. Material price variance

   = (Standard price - Actual price) x Actual quantity purchased

   = ($7 - $6.599855804) x 2774 kg

   = $1,110(F)

   Actual price

   = Actual material cost

      Actual quantity purchased

   = $18,308

        2,774 kg

   = $6.599855804

   Material usage variance

   = (Standard quantity - Actual quantity used) x Standard price

   = (2,546 - 2,774) x $7

   = $1,596(U)

Explanation:

Material spending variance is the difference between standard material cost and actual material cost. Material price variance is the difference between standard price and actual price multiplied by actual quantity purchased. Material usage variance is the difference between standard quantity and actual quantity used multiplied by standard price. Actual price is actual material cost divided by actual quantity purchased. Standard quantity is calculated as standard quantity per unit multiplied by actual output.

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b. Replies, goodwill messages, direct claims - Positive

These types of messages have to have a positive tone because they should come across in a friendly way so that the receiver may accept it as such.

c. Bad news, refusals - Negative

These are negative messages and as such should have a negative and indirect tone so that the receiver may understand the gravity of the message.

2. a. Make a list of points to cover.

d. Collect information.

e. Compose the first draft

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6 0
3 years ago
Problem 7-17 Comparing Traditional and Activity-Based Product Margins [LO7-1, LO7-3, LO7-4, LO7-5] Smoky Mountain Corporation ma
Gelneren [198K]

Answer:

product margins for the Xtreme and the Pathfinder is 7.9% and 17.7% respectively.

Explanation:

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Please see the detailed calculation in excel attached.

Download xlsx
4 0
3 years ago
During a severe recession Congress passes legislation to cut taxes, this would be an example of a(n): g
Doss [256]

Answer:

expansionary fiscal policy.

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

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Hence, if during a severe recession, Congress passes legislation to cut taxes, this would be an example of an expansionary fiscal policy.

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5 0
3 years ago
What type of advertising communicates the specific features, values, and benefits of a product offered by a particular company?
steposvetlana [31]

Answer:

c. brand advertising

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<em>c. brand advertising </em>

It engage the consumer to purchase the product or service being advertised.

a. internal advertising

this adverize is done to hire vacants inside the company instead of hiring from utside the company

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8 0
3 years ago
Seattle Inc. identifies an investment opportunity, which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000
vladimir2022 [97]

Answer:

the payback period = 4.86 years

Explanation:

Seattle's cash flows are as following:

Year                Cash flow                         Accumulated cash flows

0                     -$150,000                                -$150,000

1                         $30,000                                -$120,000

2                        $30,000                                 -$90,000

3                        $30,000                                 -$60,000

4                        $30,000                                 -$30,000

5                        $35,000                                    $5,000

6                        $35,000                                  $40,000

etc.

The payback period is between year 4 and 5:

  • 4 years + ($30,000 / $35,000) = 4.86 years or
  • year 4 + [($30,000 / $35,000) x 365 days] = 4 years and 313 days
6 0
3 years ago
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