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4 years ago

If a product becomes more easily available what will happen

Business

1 answer:

gavmur [86]4 years ago

5 0

When a product becomes more easily available the price of the product reduces because it is more accessible <span />

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Crane Companyplanned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per yard.

salantis [7]

Answer:

$1300 U

Explanation:

Budgeted cost of plastic per yard = $91

Actual cost of the plastic per yard = $90

Actual units made = 4100

Budgeted units to be made = 3300

Actual plastic used = 4160 yards

Now,

Materials quantity variance

= ( Budgeted material - Actual material ) × Actual cost

= ( 1 × 4100 - 4160 ) × $90

= -$5,400 [Here negative sign means unfavorable ]

Materials price variance = ( Budgeted cost - Actual cost ) × Actual units

= ( $91 - $90 ) × 4100

= $4100

Therefore,

Total material variance = $4,100 - $5,400

= - $1,300

i.e $1300 U

5 0

4 years ago

Clement applies for a home loan at global bank inc. as part of the process, he provides his personal details to the bank. the ba

Hitman42 [59]

The bank’s action is considered to be legal though it is unethical. It is because having to take the information of Clement is legal though it is considered unethical because they used his information just to sell him the insurance policies.

6 0

3 years ago

A certain smelting plant operates 24 hours per day, with three shifts of 200 workers per shift. Due to a flu epidemic, 1/4 of th

laiz [17]

Answer:

Explanation:

12/1-34÷1 I just need points

6 0

3 years ago

Best birdies produces ornate birdcages. the company's average cost per unit is $18.00 when it produces 2,200 birdcages. if $5,50

marshall27 [118]

To predict the total costs for 3,000 birdcages:

Use the average cost per unit of $18.00 and multiply it by 3,000.
($18)(3,000)= $54,000
$54,000 is the predicted total costs of 3,000 birdcages.

5 0

3 years ago

Average Rate of Return, Cash Payback Period, Net Present Value Method for a Service Company

kari74 [83]

Answer:

12.5%

4 years

NPV = $302,387

PV of cash flows = $1,552,387

Amount invested = $1,250,000

Explanation:

Average rate of return = net income / amount invested

Net income = cash flow - depreciation

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

1,250,000 / 8 = 156,250

Net income = $312,500 - 156,250 = $156250

(156250 / $1,250,000) x 100 = 12.50%

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

$1,250,000 / $312,500 = 4 years

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-1,250,000

Cash flow each year from year 1 to 8 = $312,500

I = 12%

NPV = $302,387

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

7 0

3 years ago