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avanturin [10]
3 years ago
8

Select the correct statement from the following, assuming Camacho Company had a favorable direct materials price variance of $2,

300 and an unfavorable direct materials usage variance of $1,600. Multiple Choice The total direct materials variance is $3,900 unfavorable. The total direct materials variance is $700 favorable. The total direct materials variance is $3,900 favorable. The total direct materials variance is $700 unfavorable.
Business
1 answer:
miss Akunina [59]3 years ago
6 0

Answer:

The total direct materials variance is $700 favorable.

Explanation:

Total Direct Material Variance = Material Quantity Variance + Material Price Variance

Material Quantity Variance = $1,600 Unfavorable that means it is negative value

Material Price Variance = $2,300 Favorable that means it has positive value

Now joining both we get total material variance = - $1,600 + 2,300

= $700

Since value is positive it is favorable

Therefore, Total Material Variance = $700 Favorable

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Vaughn Manufacturing purchased equipment for $39200. Sales tax on the purchase was $2352. Other costs incurred were freight char
Ber [7]

Answer:

the cost of the equipment is $42,979

Explanation:

The computation of the cost of the equipment is as follows:

= Purchase value of an equipment + sales tax on the purchase + other cost incurred + installation cost

= $39,200 + $2,352 + 588 + $657

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Hence, the cost of the equipment is $42,979

3 0
3 years ago
An increase in the rate of expected inflation will Group of answer choices shift the demand for loanable funds to the left (down
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Answer:

shift demand and supply for loanable funds to the right (up), increasing interest rates.

Explanation:

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3 years ago
Nessca solutions inc. has recently created a hardware and software system for transmitting data among different departments with
dmitriy555 [2]
The answer is: Technology and planning integration
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8 0
3 years ago
A decline in the real GDP that occurs for at least two or more quarters is called a _______. a. recession c. recovery b. depress
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Let’s assume that we are about to appraise a house using the cost approach. The home was originally constructed in the early 190
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Answer:

$290,000

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minus perceived value loss          ($20,000)

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8 0
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