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stich3 [128]
3 years ago
14

Benny Company budgeted 610 pounds of direct materials costing​ $18.00 per pound to make​ 8,000 units of product. The company act

ually used 650 pounds of direct materials costing​ $30.00 per pound to make the​ 8,000 units. What is the direct materials quantity​ variance?
Business
1 answer:
docker41 [41]3 years ago
6 0

Answer:

-$720 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $18 per pound × (610 pounds - 650 pounds)

= $18 per pound × -40 pounds

= -$720 unfavorable

Simply we take the difference between the standard quantity and the actual quantity and then multiply it by the standard price so that the correct value can come

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A study of labor force participation rates of women in the post-World War II period noted:
Andru [333]

The correct answer is C) labor-saving advances in households.

A study of labor force participation rates of women in the post-World War II period noted:

Over the long run, women have joined the paid labor force because of a series of changes affecting the nature of work. Primary among these was labor-saving advances in households.

This is an important factor because new inventions and technology have allowed women to leave the house in order to have an education an enter the job force in the corporate world because they have shown the be very capable to perform jobs in industries and companies, at the highest levels. Today, many families need a double income in the house in order to make a decent living. So it is common to see the father and the mother having a job.

6 0
3 years ago
Read 2 more answers
Once a project is underway, the project manager is responsible for the:_______a. people. b. cost. c. time. d. All of these
kati45 [8]

Answer:

I think the answer is D. All of the above

Explanation:

5 0
3 years ago
A company's defined benefit pension plan had a pension benefit obligation (PBO) of $265,000 on 1/1/2018. During 2018, pension be
muminat

Answer:

The pension benefit obligation will be $331500

Explanation:

We have given PBO = $265000

Less pension benefits paid = $40000

Discount rate = 10% = 0.01

Service cost = $80000

Interest cost = $265000×0.01= $26500

We have to find the amount  of PBO

So the pension benefit obligation PBO will be  = $265000+$80000+$26500-$40000 = $331500

So the pension benefit obligation will be $331500

6 0
3 years ago
Checks written in late December do not appear on a December 31 Bank Statement because they were not cleared by the bank as of Ma
Shkiper50 [21]

Answer:

B) Subtract them from the bank balance.

Explanation:

When you are adjusting your bank statement you must subtract any outstanding checks and add any deposits in transit.

In this case, the checks that were written at the end of December will probably be cashed during the next months, but the company must adjust their bank balance because they know that the checks will eventually be cashed, sooner or later.

6 0
3 years ago
Which of the following must be true in order for materials to be classified as direct materials? a.They must be an integral part
zaharov [31]

Answer:

a.They must be an integral part of the finished product and be a significant portion of the total product cost

Explanation:

The direct material is the material cost which is directly related to the process of the product at the time of manufacturing the product

It can be an integral part of the finished goods as finished goods are come from direct materials and the work in process cycles.

Moreover, it also included in the total product cost along with the direct labor cost and the manufacturing overhead cost

7 0
3 years ago
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