Answer: Is the business manegement?
Explanation: If what unit and lesson i did all
Answer:
$577.5 favorable
Explanation:
Data provided in the question:
Standard quantity per unit 3 lbs
Standard price per pound = $2.75
Actual pounds used = 15,000 lbs
Actual price per pound = $2.90
Number of units produced = 5,070
Now,
The direct materials quantity variance is given as;
= | ( Actual quantity - Standard quantity ) | × Standard price
= ( 15,000 lbs - {Standard quantity per unit × units produced}) × $2.75
= ( 15,000 lbs - { 3 × 5,070}) × $2.75
= | ( 15,000 lbs - 15,210 ) | × $2.75
= $577.5
Since,
Standard quantity is higher than the actual quantity
thus,
$577.5 favorable
Worker's Compensation, because the injury occurred by an employee in the course of performing their job.
true because you need to look and evaluate the details provided
Answer:
Consider the possible advantages and drawbacks of a decision.
Explanation:
In Financial accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Cost-benefit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-benefit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
Hence, a business performs a cost benefit analysis when it consider the possible advantages and drawbacks of a decision i.e whether or not it would bring value to the company or create a significant level of impact on the business.
