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34kurt
3 years ago
13

The following data pertains to the direct materials cost for the month of October: Standard costs 5,100 units allowed at $74 eac

h Actual costs 5,150 units input at $62 each What is the direct materials efficiency (quantity) variance? $3,700 unfavorable. $3,100 favorable. $3,100 unfavorable. $3,700 favorable.
Business
1 answer:
MAVERICK [17]3 years ago
7 0

Answer:

3,700 unfavorable.

Explanation:

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: efficiency \: variance

std quantity 5100 units

actual quantity 5150 units

std cost  $74.00

difference -50.00 units at $74

efficiency variance  $(3,700.00)

The diference between standard and actual units is negative, the variance is unfavorable.

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generally require more technical skills and fewer conceptual skills. a. executive managers b. first-line managers c. middle mana
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First-line managers generally require more technical skills and fewer conceptual skills.

Conceptual skills are vital for top managers, less critical for mid-degree managers and no longer required for first-stage managers. As we move from the bottom of the managerial hierarchy to the pinnacle, the significance of these capabilities will upward thrust. Professional first-line managers can pay attention, talk, and write truely and continually, speaking for maximum effect with people at all degrees inside the organization, including team members, superiors, friends, and others. it is specifically important to correctly speak desires and expectations.technical abilities are the most vital for lower level managers because the managers surpervise the workers who produce products or serve clients. Group leaders and first-line managers want technical understanding and competencies to train new employees and help employees remedy problems. Pinnacle managers need sturdy conceptual abilities, whilst the ones at midlevels need top interpersonal abilities and those at lower stages want technical abilities. All managers want robust communication, selection-making, and time-management skills.

Because of this first-line managers need to be skillful hassle solvers who recognize the way to quick expand alternative plans and enforce them within teams. First-line managers have to remain agile and flexible when shifts unavoidably occur within an organizational structure.

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3 0
2 years ago
When a company maintains its price but removes or prices separately one or more elements that were part of the former offer, suc
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The name which is given to the process when a company maintains its price but removes or prices separately is known as E. unbundling

<h3>What is Price?</h3>

This refers to the attached value which is given to a good or service that is exchanged for that particular value.

Hence, we can see that when a company removes freebies such as free delivery or installation but maintains its price is known as unbundling and is a market activity.

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8 0
2 years ago
A process includes 9 tasks and there are 3 workers. Each task can be assigned to only one worker and each worker must be assigne
Katen [24]

Answer:

24.8 per hour

Explanation:

There are 3 workers and hence are three workstations. Consecutive activities are assigned to each workstation such that workload is as uniform as possible

Hence the time in each workstation (WS) is,  

WS1 = 45+55+15 = 115 seconds

WS2 = 25+50+5+30 = 110 seconds

WS3 = 95+50 = 145 seconds

Workstation 3 has the highest processing time and hence is the bottleneck and determines the capacity of the process

Therefore capacity = 1/145 per second = 3600/145 per hour = 24.8 per hour

8 0
3 years ago
Quick assets include which of the following? Multiple Choice Market securities, receivables, and inventories. Cash, marketable s
just olya [345]

Answer:

The correct answer is letter "C": Cash, marketable securities, and receivables.

Explanation:

The quick assets of a company can easily be converted into cash. Quick assets include <em>cash, account receivables, </em>and<em> marketable securities</em>, which are equity and debt securities that can be converted into cash within one year. To calculate the company's quick assets add its cash, account receivables, and marketable securities and subtract its inventory from that result.

8 0
3 years ago
You are thinking of building a new machine that will save you $ 2 comma 000 in the first year. The machine will then begin to we
Serga [27]

Answer:

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Explanation:

Giving the following information:

Savings= $2,000

The machine will then begin to wear out so that the savings decline at a rate of 4 % per year forever.

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To determine the present value of the savings, we need to use the perpetual annuity formula with the decline rate.

PV= Cf/ (i + g)

Cf= cash flow

PV= 2,000/ (0.07 + 0.04)

PV= $18,181.82

4 0
3 years ago
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