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yan [13]
3 years ago
5

The per-unit standards for direct materials are 2 pounds at $5 per pound. Last month, 11,200 pounds of direct materials that act

ually cost $53,000 were used to produce 6,000 units of product. The direct materials quantity variance for last month was
Business
1 answer:
Ksivusya [100]3 years ago
5 0

Answer:

$4,000 favorable

Explanation:

The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $5 × (2 pounds × 6,000 units - 11,200 pounds)

= $5 × (12,000 pounds - 11,200 pounds)

= $5 × 800

= $4,000 favorable

Simply we deduct the actual quantity from the standard quantity and the difference is multiplied with the standard price so that the correct variance can be computed

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monitta

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Explanation:

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2 years ago
Which is the BEST definition of marginal benefit?
Liono4ka [1.6K]

Answer:

the possible income from producing an additional item.

Explanation:

hope this helps if not let me know

6 0
1 year ago
Gerald's Tire Store sets itself apart from competitors by the extra attention it pays to providing fast, courteous service in a
Elodia [21]

Answer:

Letter c is correct.<u> Macro, or overarching, strategy.</u>

Explanation:

Gerald's Tire Store created a macro or overarching strategy because the company's focus is mainly on the customer.

The focus on the excellence of the services offered to the customer, translate an effective strategy for the positioning of a company in the market, offering a differentiated and quality service provides increased brand value, strengthens the relationship with customers, increases their perception and customer satisfaction. products and services offered.

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7 0
3 years ago
Overton Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2019. Because
Andre45 [30]

Answer:

The answer is "Operating expense of $800,000 and liability of $800,000".

Explanation:

It's obvious from its government that the company must recall any paint cans which have proved health hazardous. Its organization must remember its $800,000 in canned cans. The cost of recall would also be referred to as administration fees since these costs aren't linked to its production of the paints. All operations of the company were performed. It must be held responsible for the calculation of the recalling costs.

5 0
2 years ago
Suppose the world population today is 7 billion, and suppose this population grows at a constant rate of 3% per year from now on
oksano4ka [1.4K]

Answer:

a) P(t=100) = 7 e^{0.03*100}=140.599 billion

b) P(t=0) = 7 e^{0.03*0}=7 billion

P(t=1) = 7 e^{0.03*1}=7.21 billion

P(t=2) = 7 e^{0.03*2}=7.43 billion

P(t=10) = 7 e^{0.03*10}=9.45 billion

P(t=25) = 7 e^{0.03*25}=14.82 billion

P(t=50) = 7 e^{0.03*50}=31.37 billion

c) Figure attached

d) Figure attached

Explanation:

The proportional model on this case would be given by:

\frac{dP}{dt} = kP

Where P is the population size, t the time on years and k a constant.

We can reorder this expression like this:

\frac{dP}{P} = k dt

If we integrate both sides we got:

ln|P| = kt + C

And using exponentials on both sides we got:

P(t) = e^{kt} e^C = P_o e^{kt}

Where P_o=7 billion  represent the initial amount for the starting year t=0.

The rate on this case is given r =3\% = 0.03, so then our model would be given by:

P(t) = 7 e^{0.03t}

Part a

For this case we just need to replace t=100 and we got:

P(t=100) = 7 e^{0.03*100}=140.599 billion

Part b

For this case we have the following:

P(t=0) = 7 e^{0.03*0}=7 billion

P(t=1) = 7 e^{0.03*1}=7.21 billion

P(t=2) = 7 e^{0.03*2}=7.43 billion

P(t=10) = 7 e^{0.03*10}=9.45 billion

P(t=25) = 7 e^{0.03*25}=14.82 billion

P(t=50) = 7 e^{0.03*50}=31.37 billion

Part c

The graph is on the first figure attached.

Part d

If we take a log-log scale we have the following values

We need to exclude the point t=0 since the natural log for 0 is not defined.

ln 1 =0 , ln 2= 0.693, ln 10=2.30, ln 25 =3.22, ln 50= 3.91

The result would be the figure 2 attached. And we see a better result for the graph.

3 0
3 years ago
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