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mamaluj [8]
3 years ago
6

The standard amount of materials required to make one unit of Product Q is 4 pounds. That's static budget showed a planned produ

ction of 5,900 units. During the period, the company actually produced 6,000 units of product. The actual amount of materials used averaged 3.9 pounds per unit. The standard price of material is $2 per pound. Based on this information, the materials usage variance was:
Business
1 answer:
Airida [17]3 years ago
5 0

Answer:

Material Quantity Variance=  2400 favorable

Explanation:

Given

Actual units = 6000

Planned Units = 5900

Actual Quantity used per unit= 3.9 pounds

Actual Quantity=3.9 pounds*6000= 23400 pounds

Standard quantity for actual units= 4* 6000= 24000

Standard quantity used per unit = 4 pounds

Standard Price = $ 2 per pound

Formula

Material Quantity Variance= (Standard Price) *( Actual Quantity- Standard Quantity)

Working

Material Quantity Variance= (4)*(23400- 24000)= 4 * 600= 2400 favorable

as the actual quantity is more than the standard quantity the variance is favorable.

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Groupon's "great coupons," which are offered to groups of consumers for products and experiences that the consumers may otherwis
maks197457 [2]

ANSWER:

perceived risk

STEP-BY-STEP EXPLANATION:

Perceived risk is the vulnerability a purchaser has when purchasing things, for the most part those that are especially costly, for instance, vehicles, houses, and PCs. Each time a purchaser thinks about purchasing an item, the individual in question has certain questions about the item, particularly if the item being referred to is profoundly evaluated

Perceived risk can incorporate the dread or potentially question a purchaser has that the item they are purchasing will neglect to play out its expected capacity. The buyer may be worried about the possibility that that on the off chance that they purchase a vehicle, the motor or different parts may glitch.

3 0
3 years ago
Read 2 more answers
Oceanside Marine Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly s
Maksim231197 [3]

Answer:

Direct material price variance  $ 21,000  unfavorable

Explanation:

<em>A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite. </em>

                                                                                                 $

6,5000 pounds should have cost (6500× $12)               78,000

but did cost                                                                         <u>99,600</u>

Direct material price variance                                          <u>21,000  </u>unfavorable

4 0
3 years ago
The clinic manager believes that your clinic team works well together. Which of the following facts would best support your beli
Effectus [21]

Answer:

C. The team routinely takes a moment to discuss the plan and voice concerns before doing a procedure.

Explanation:

In this matter, the fact that would best support the clinic manager's belief that his clinical team works well together, would be the letter c, because an effective team work requires joint planning of the work team on the best practices of executing a procedure, therefore it is ideal that the team is integrated and able to express their opinions and discuss the most effective plan so that the work is carried out more effectively.

7 0
4 years ago
Read 2 more answers
Baby Day Care, a sole proprietorship, wants to pay as many of its obligations as reasonably possible, and be discharged of the r
Otrada [13]

Answer:

b. a reorganization.

Explanation:

Under the chapter 13, the bankruptcy should be filed and it mainly reorganization plan for the payment. It is to be done by splitting the non-secured debt across the various years also it permits the individual to retain the assets

So as per the given situation, in order to attain the goal, the proprietorship should file the petition in bankruptcy under for relief via a reorganization

6 0
3 years ago
Dunbar sold 640 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-a
Likurg_2 [28]

Answer:

$428.13

Explanation:

Note <em>The missing word have been attached as picture below</em>

<em />

Weighted average cost per unit = [(450*$2.18) + (370*$2.62)] / (450 + 370)

Weighted average cost per unit = ($981 + $969.4) / 820

Weighted average cost per unit = $1950.4 / 820

Weighted average cost per unit = 2.378536585365854

Weighted average cost per unit = $2.3785

Ending inventory unit = 450 + 370 - 640

Ending inventory unit = 180

Value of ending inventory = $2.3785 * 180 units

Value of ending inventory = $428.13

6 0
3 years ago
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