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bonufazy [111]
3 years ago
8

A favorable direct materials quantity variance indicates which of the following?A) The actual cost of direct materials was less

than the standard cost of direct materials.B) The Standard Quantity (SQ) of direct materials for actual output was less than the Actual Quantity (AQ) of direct materials used.C) The Actual Quantity (AQ) of direct materials used was less than the standard quantity for actual output.D) The Actual Quantity (AQ) of direct materials used was greater than the standard quantity for budgeted output
Business
1 answer:
Licemer1 [7]3 years ago
6 0

Answer: A favorable direct materials quantity variance indicates which of the following? C) The Actual Quantity (AQ) of direct materials used was less than the standard quantity for actual output.

Explanation: The direct materials quantity variance is the difference between the actual quantity at a standard price and the standard cost to make the item. If the materials that were used were less than what was produced, that would be a favorable or good output because money and resources are saved.

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The following data are available relating to the performance of Seminole Fund and the market portfolio: Seminole Market Portfoli
astra-53 [7]

Answer:

0.8%

Explanation:

Calculation to determine what percent of the adjusted portfolio would need to be invested in T-Bills

Using this formula

M2 =(Rp - Rf) * σ m / σ p - (Rm - Rf)

Whrere,

Rp represent Return on Seminole Fund (14%)

Rf represent Risk free rate of return(6%)

Rm represent Return on Market Portfolio(18%),

σ m represent Standard Deviation of return on market portfolio (22%)

σ p represent Standard Deviation of return on fund (30%)

Let plug in the formula

M2= (18 - 6) * 22 / 30 - (14 - 6)

M2= (12 * 0.73 ) - 8

M2= 8.8 - 8

M2= 0.8%

Therefore the percent of the adjusted portfolio that would need to be invested in T-Bills is 0.8%

8 0
3 years ago
4.3. Identify THREE benefits that could inspire one to avoid being unemployed after graduating (3x2) (6)​
Sati [7]

Three benefits that could inspire one to avoid being unemployed after graduating is:

  • Do the Job you would desire after graduating during college
  • Apply for internships
  • Develop the qualities of a leader during college.

<h3>What is Unemployment?</h3>

Unemployment is a state of being idle without job. It is a situation where one does not work and does not earn.

Applying for internships during college can spur an individual to avoid being unemployed after graduating. Also, doing the work you desire to do after college can be a motivating factor and developing leadership skills can inspire one to avoid being unemployed after graduating.

Learn more about Unemployment here:

brainly.com/question/305041

7 0
2 years ago
Two firms examined the same capital budgeting project which had an IRR of 16%. One firm accepted the project but the other rejec
Mrrafil [7]

Answer:

the statement is not valid. A company can reject the 16% IRR project if it is less than its discount rate. the discount rate is the minimum acceptable rate at which a project can be accepted. so, if 16% is less than than the discount rate, the project would be rejected.

on the other hand, if the discount rate is less than 16%, the project should be accepted because the return of the project would be greater than the discount rate.

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

7 0
2 years ago
When a student is given two seemingly different problems to solve, but the problems have the same underlying logical requirement
zysi [14]

The correct answer is the salience of surface similarities. The salience of surface similarities are likely to focus more on the surface level properties by which they are likely to be opposed to the underlying principles that are being shared.

7 0
3 years ago
A total-cost curve shows the relationship between the
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The answer has to be a
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