1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ziro4ka [17]
3 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]3 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

You might be interested in
There is a 3 percent defect rate at a specific point in a production process. If an inspector is placed at this point, all the d
yKpoI14uk [10]

Answer:

1a. $2.67 cost per unit

1b. $0.3 cost per unit

1c. Yes

Explanation:

1a. Calculation for what will be the inspection cost per unit If an inspector is hired

The following details were given in the question.

Defective average =3/100= 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

Correction cost = $10 each

Using this formula

Hired inspector =Cost per hour/Current production rate per hour

Let plug in the formula

Hired inspector=8 per hour/30 rate per hour

Hired inspector =0.267×100

Hired inspector=$2.67 cost per unit

1b. Calculation for what will be the defective cost per unit If an inspector is not hired

Using this Formula

No inspector=Defect rate %/Cost per defective

Let plug in the formula

No inspector= 3/100×$10

No inspector= $0.3 cost per unit

1c. Based on the above calculation the inspector should be hired.

8 0
3 years ago
A cost-benefit analysis is a way
dedylja [7]

Answer:

Cost Benefit Analysis

Way of thinking that compares the cost of an action to its benefits.

Explanation:

I hope it helps.

8 0
3 years ago
Read 2 more answers
In order for mutually beneficial trade to occur between two otherwise isolated nations, Multiple Choice each nation must face co
serg [7]

In order for mutually beneficial trade to occur between two otherwise isolated nations, each nation must be able to produce at least one good relatively cheaper than the other.

<h3>What does comparative advantage mean?</h3>

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage. This is when trade can be mutually beneficial .

To learn more about comparative advantage, please check: brainly.com/question/25812820

6 0
2 years ago
What best describes a SCRUM Team​
igomit [66]

Answer: Characteristics Of A Great Scrum Team. ... Within Scrum self-organizing, cross-functional, and highly productive teams do the work: creating valuable releasable product increments. Scrum offers a framework that catalyzes the teams learning through discovery, collaboration and experimentation.

Explanation:

A Scrum Team is a collection of individuals working together to deliver the requested and committed product increments. To work effectively it is important for a Scrum Team that everyone within the team. follows a common goal.

7 0
3 years ago
Aaron Company has 80,000 shares of $10 par common stock outstanding. On May 25, Aaron Company declared a $1.50 cash dividend. Th
Finger [1]

Answer:

a.a debit to Cash Dividends for $120,000.

Explanation:

The amount of dividend paid is dependent on two function; the number of shares and the amount declared for payment per share.

When it is paid, a credit is posted to cash account and the corresponding debit is posted to the dividend paid account.

As such, since the company has  80,000 shares and the declared dividend  was $1.50,

Total dividend paid = $1.50 × 80000

= $120,000.

Hence cash dividend is debited with $120,000 on payment.

3 0
3 years ago
Other questions:
  • Kristian Thalen has just joined the corporate treasury group at Electrolux of Sweden, a multinational Swedish appliance maker. E
    5·1 answer
  • You are scheduled to receive $10,000 in one year. what will be the effect of an increase in the interest rate on the present val
    6·1 answer
  • Rachael James just took a job with IKEA. As part of her employment agreement, IKEA required Rachael to sign an agreement, which
    7·1 answer
  • Precise Machinery is analyzing a proposed project. The company expects to sell 2,100 units, give or take 5 percent. The expected
    9·1 answer
  • For the following questions, you need to determine whether each of the four factors given creates a positive demand shock, a neg
    11·1 answer
  • Given an interest of $11,900 at 6% for 50 days (ordinary interest) calculate the principal
    13·1 answer
  • You have invested $1,000 in an account that promises APY of 3 percent per year. Assuming you leave the original investment and a
    15·1 answer
  • Select the correct answer.
    14·1 answer
  • I.magination is i.mportant to P.roductivity at G.oog.le.
    5·2 answers
  • a company is already public with several major stockholders. the company proposes an offering where sale proceeds for shares bei
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!