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Ghella [55]
3 years ago
5

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standa

rd yards per unit: standard, 4.68 yards; actual, 4.96 yards Units of production: 9,400 Calculate the direct materials price variance. a.$4,399.20 favorable b.$940.00 unfavorable c.$4,662.40 favorable d.$4,662.40 unfavorable
Business
1 answer:
Oksana_A [137]3 years ago
4 0

Answer:

d.$4,662.40 unfavorable

Explanation:

Calculation for direct materials price variance

The first step is to find the Actual quantity variance using the formula

Actual quantity variance =Actual units produced* Actual yard used

Let plug in the formula

Actual quantity variance=9,400*4.96 yards

Actual quantity variance=$46,624

Second step is to calculate for the Direct material price variance using this formula

Direct material price variance= ( Standard price -Actual price)* Actual quantity used

Let plug in the formula

Direct material price variance=($1.93-$2.03)*$46,624

Direct material price variance=(-0.1*46,624)

Direct material price variance=-$4,662.40 Unfavorable

Therefore the Direct material price variance will be $4,662.40 Unfavorable

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2 years ago
Which of the following is a possible punishment for copyright infringement? a. Jail time. c. Expulsion or Termination. b. Fines.
quester [9]
D is the answer I am pretty sure
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Uber’s strategy has been to break these regulations, establishing its service first, and then fighting attempts by regulators to
aleksley [76]

Answer: No it is not.

Explanation:

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8 0
3 years ago
Shares of common stock of the Samson Co. offer an expected total return of 13.0 percent. The dividend is increasing at a constan
krok68 [10]

Answer:

b. 7.60 percent.

Explanation:

Dividend yield = expected return - dividend growth rate

  • expected return = 13%
  • dividend growth rate = 5.4%

dividend yield = 13% - 5.4% = 7.6%

Dividend yield is a financial metric that measures the rate of return that a stockholder receives every time a dividend is distributed. You can also calculate it by dividing dividends received by stock price.

4 0
3 years ago
Suppose that $ 5 000 is invested at 3.9 % annual interest​ rate, compounded monthly. How much money will be in the account in​ (
BlackZzzverrR [31]

Answer:

(A) $5,131.5

(B) $12,729.5

Explanation:

The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.

As per given data

Invested amount = $5,000

Interest rate = 3.9%

Interest is compounded monthly

Monthly rate = 3.9% / 12 = 0.325%

Formula for the accumulated amount of investment

A = P ( 1 + r )^n

Accumulated Money when $5,000 is

(A) Invested for 8 months

A =  $5,000 ( 1 + 0.325% ) ^8

A = $5,131.5

(b) Invested for 24 years or 288 months (24 x 12)

A =  $5,000 ( 1 + 0.325% ) ^288

A = $12,729.5

4 0
3 years ago
Read 2 more answers
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