Answer:
$5.5= actual price
Explanation:
Giving the following information:
Managers expected to pay $5 per kilogram.
Each unit produced should take 2 kilograms; actual total usage was 2,100 kilograms.
The company produced 950 units.
The direct materials spending variance is $1,050 (unfavorable).
To calculate the actual price per kilogram, we need to use the direct material spending variance.
Direct material price variance= (standard price - actual price)*actual quantity
-1,050= (5 - actual price)*2,100
-0.5= 5 - actual price
5.5= actual price
Answer: income statement and the statement of cash flows
Explanation:
Answer and Explanation:
The categorization is as follows:
a. The bond issued at cash - Financing activity (cash inflow)
b. The equipment purchased for cash - Investing activity (cash outflow)
c. The land is sold for cash - Investing activity (cash inflow)
d. The dividend is paid for cash - financing activity (cash outflow)
More than likely Option B
Answer:
Competence
Explanation:
One of the best ways to learn new ideas and work is to self-learn them. It helps to engage and learn new things, Eric wants to become a commercial lender that is why he tries to seek out feedback from his manager and he manages his own workload. Eric is trying to build his own competence to work effectively and effectively.