A machine that was out of alignment caused several units of product to be scrapped.
<h3>What does an unfavorable materials quantity variance indicate?</h3>
An actual vs expected direct material variance contrasts the two types of materials utilized in the production of a product. When you use more material than you expected, this is referred to as an unfavorable materials quantity variance. Utilizing less material than anticipated is advantageous.
One of the cost accounting metrics that firms evaluate to gauge manufacturing efficiency is the variance in material quantities. Monitoring variations enables producers to spot problems as they arise and fix them. It also sharpens the accuracy of future production budgets.
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Scarcity exist because of the unlimited wants of people. There will be no scarcity of something if there is no demand and wants for that thing.
Answer:
$120,000
Explanation:
The correct question should be :
Mary's Baskets Company expects to manufacture and sell 20,000 baskets in 2019 for $ 6 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement?
SOLUTION
Given
budgeted goods to manufacture = 20,000
budgeted sale = 20,000
budgeted price = $ 6 each
To determine the amount of sales revenue on the 2019 budgeted income statement = budgeted sale × budgeted price
= 20000 × 6
= $120,000
Answer:
Interest rate, R = 26%.
Explanation:
<u>Given the following data;</u>
Principal = $2,454.00
Simple interest = $3,868.00
Time = 6 years
To find the interest rate?
Mathematically, simple interest is calculated using this formula;
Where;
Substituting into the equation, we have;
Cross-multiplying, we have;
<em>Interest rate, R = 26.27 ≈ 26%</em>
<em>Therefore, the account earned 26% per year. </em>
Answer:
B. leveraging the expertise of people across the organization
Explanation: