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nadezda [96]
3 years ago
8

Firelight Company manufactures candles. The standard direct materials quantity required to produce one large candle is one pound

at a cost of $5 per pound. During November, 7,200 large candles were produced using 7,500 pounds of direct materials that cost $45,000.
Using the format below, prepare an analysis of the direct materials variances.
Business
1 answer:
Murljashka [212]3 years ago
4 0

Answer:

Explanation:

for each pound cost 5$

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Answer:

b. additional costs for attending a college or university.

Explanation:

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6 0
2 years ago
A new company with a balance of zero in their cash account had the following cash transaction in its first month: obtained a ban
stealth61 [152]

Answer:

The balance in the cash account at the end of the month will be $401.000

Explanation:

$0

+$ 344,000 bank loan

+$112,000 stock issued to stakeholders

-$54,000 purchase of inventory

+$25,000 sell

-$26,000 payment of dividends

-------------

$401,000 balance at the end of the month

see attached file for T-account

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Businesses do not use social commerce for new products. <br> a. True <br> b. False
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2 years ago
National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $7,100 Drive
FrozenT [24]

Answer:

a. Delivery service (product) costs = $44,120

b. Period costs = $20,560

Explanation:

a)                Delivery service (product) costs  

Indirect materials                                   $7,100

Depreciation on delivery equipment   $11,900

Dispatcher's salary                                $5,810

Gas and oil for delivery trucks              $2,700

Drivers' salaries                                      $16,300

Delivery equipment repairs                   <u>$310     </u>

Total                                                        <u>$44,120</u>

b)                              Period costs

Property taxes on office building    $950

CEO's salary                                      $12,100

Advertising                                        $5,500

Office supplies                                  $700

Office utilities                                     $1,100

Repairs on office equipment            <u>$210    </u>

Total                                                   <u>$20,560</u>

5 0
3 years ago
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