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ziro4ka [17]
4 years ago
8

The standard costs and actual costs for direct materials for the manufacture of 1,910 actual units of product are as follows: St

andard Costs Direct materials 1,910 kilograms at $8.60 Actual Costs Direct materials 2,000 kilograms at $8.15 The direct materials quantity variance is
Business
1 answer:
vesna_86 [32]4 years ago
6 0

Answer:

$774 unfavorable

Explanation:

The computation of the direct material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $8.60 × (1,910 kilograms - 2,000 kilograms)

= $8.60 × 90 kilograms

= $774 unfavorable

Since it is unfavorable as it derives that actual quantity is more than the standard quantity and in the case of favorable, the actual quantity is less than the standard quantity

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Answer: The answer is True.

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6 0
3 years ago
Business ____ is an overview that describes a company's overall functions, processes, organization, products, services, customer
nirvana33 [79]

Answer: Business profile

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Business profile is referred to as or known as the profile that is designed in order to have an overview of the organization, business and their business plan. It tends to provide the readers with quick overview of the business, also including the values and the objectives, so as they tend to get the immediate feel of what they are doing and where they are headed.

7 0
3 years ago
To increase the number of orders it receives from recipients of its direct-mail advertising, the maker of All-Natural Diet Produ
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Answer:

C. business reply

Explanation:

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Therefore the option c is correct

8 0
3 years ago
Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu
zimovet [89]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

4 0
4 years ago
Service industry, job costing, law firm. Kidman & Associates is a law firm specializing in labor relations and employee-rela
evablogger [386]

Answer:

Explanation:

Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour

Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55

Job R:

Direct cost:

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Add: Indirect cost:

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Job P:

DC:

Job P - 160H*65=10400

IC:

160H*55=8800

TOTAL P JOB=19200

8 0
3 years ago
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