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
hammer [34]
3 years ago
8

One widget requires 0.75 pounds of Material X, which has a standard price of $4 per pound. The company uses 2,450 pounds of Mate

rial X, which costs $10,000 to produce 3,300 widgets. Calculate the following variances and determine if each is favorable or unfavorable: a. Direct materials price variance b. Direct materials quantity variance c. Direct materials cost variance
Business
1 answer:
andrew11 [14]3 years ago
7 0

Answer:

a. $200 unfavorable        

b. $100 favorable

c. 100 unfavorable

Explanation:

The computation is shown below:

a. Direct material price variance

= Actual Quantity × (Standard Price - Actual Price)

= 2,450 × ($4 - $10,000 ÷ 2,450)

= 2,450 × ($4 - $4.082)

= 2,450 × $0.082

= $200 unfavorable        

b. Direct materials quantity variance

= Standard Price × (Standard Quantity - Actual Quantity)

= $4× (0.75 pounds × 3,300 - 2,450)

= $4 × (2,475 - 2,450)

= $4 × 25

= $100 favorable

So, the direct material cost variance is

= Direct material price variance + Direct materials quantity variance

= $200 unfavorable  +  $100 favorable

= $100 unfavorable

You might be interested in
Nutrimax Corp., a breakfast cereal company, has designed extensive and elaborate advertising campaigns for its existing products
Schach [20]

Answer:

b. Market penetration

Explanation:

As Nutrimax Corp has designed extensive and elaborate advertising campaigns for its existing products. The campaign mainly focuses on the features and benefits of the products that differentiate the cereals from the competition. Nutrimax Corp. is using market penetration strategy. In market penetration strategy, firm wants to increase and expand its business and sales by focusing on the existing market with the help of existing products and services as it has been done by Nutrimax Corp in this case. Firm targets the same customers with the same products and services but with better and enhanced advertisement, product features, offers, discounts and schemes.

3 0
3 years ago
On January 1, 2021, Kat Corp. granted an employee an option to purchase 60,000 shares of Kat's $5 par common stock at $20 per sh
Andreyy89

Answer:

b. $ 240,000

Explanation:

Calculation for what Kat should recognize as compensation expenses

Using this formula

Compensation expenses= (Purchase shares ×Value of options)/ Years of Service

Let plug in the formula

Compensation expenses=(60,000 shares

x $8 per option) / 2 years of service

Compensation expenses=480,00/2 years of service

Compensation expenses= = 240,000

Therefore what Kat should recognize as compensation expenses is 240,000

4 0
3 years ago
Những hàng hóa dịch vụ không được bán trên thị<br> trường như thế nào
Luden [163]

Answer:

which language is it............??

6 0
3 years ago
Why aren't all people paid the same amount in factor payments for the resources they provide?
forsale [732]

All people paid the same amount in factor payments for the resources they provide because different resources have different value.

<h3>What makes each economic system different from one another?</h3>

Traditional systems are characterized by a concentration on the fundamentals of products, services, and labor, and they are shaped by customs and beliefs. While a market system is governed by forces of supply and demand, command systems are influenced by centralized authorities. Finally, mixed economies combine market and command systems.

The money that individuals receive in exchange for providing producing inputs like land, labor, or capital. Patriotism. the ardor that drives someone to serve their country; love of one's country.

<h3>Which economy is better for society?</h3>

The reason capitalism is the best economic system is that it offers everybody in society a variety of advantages and chances. A few of these advantages involve fostering riches and innovation, enhancing people's quality of life, and empowering the populace.

To know more about patriotism visit :

brainly.com/question/14855779

#SPJ4

6 0
2 years ago
What is an appropriate response when an interviewer asks what salary you are looking for
Angelina_Jolie [31]
Thank you I will gladly take the offer
4 0
4 years ago
Other questions:
  • Tina wants to show her contractors how to assemble a complex piping system that involves smaller pipes aligned inside bigger pip
    10·1 answer
  • Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their
    5·2 answers
  • Mc qu. 49 parsons corporation plans to ... parsons corporation plans to sell 18,000 units during august. if the company has 5,50
    7·1 answer
  • The word "economy" comes from the Greek word oikonomos, which meansa. "environment."b. "production."c. "one who manages a househ
    10·1 answer
  • At the beginning of 2018, Calston Incorporated reports inventory of $10,000. During 2018, the company purchases additional inven
    11·2 answers
  • Assume that the variables I, N, and PV represent the interest rate, investment or deposit period, and present value of the amoun
    11·1 answer
  • Windsor could borrow $108,100 from its bank to finance the purchase at an annual rate of 11%. Click here to view factor tables S
    5·1 answer
  • Acme Air Compressor Company has decided to limit the number of compressors it will supply to some of its distributors that it su
    12·1 answer
  • Points and freind requsts
    10·2 answers
  • Allows companies to offer people personalized content based on there intresrt or shopping experience
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!