If an investment is producing a return that is equal to the required return, the investment's net present value will be:

The following data relate to product no. 89 of Mansion Corporation: Direct material standard: 4 square feet at $2.80 per square

chubhunter [2.5K]

Answer:

Direct material quantity variance= $1,400 unfavorable

Explanation:

Giving the following information:

Direct material standard: 4 square feet at $2.80 per square foot

Direct material purchased: 34,000 square feet at $3.20 per square foot

Direct material consumed: 32,900 square feet

Manufacturing activity: 8,100 units completed

We need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 8,100 units*4= 32,400 feet

Actual quantity= 32,900

Direct material quantity variance= (32,400 - 32,900)*2.8= 1,400 unfavorable

3 0

3 years ago

Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of

Tju [1.3M]

I believe the answer is D

4 0

3 years ago

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Joshua is 25 years old and has a high risk job making $72,000 a year. The insurance company charges him an extra 20% on top of h

klio [65]

The correct answer is D. The annual premium for the cheapest policy is $6,644.

A life insurance policy can pay out in the event of the insured's death, whether or not before a specific date, or if the insured is alive on a specific date.

A life insurance policy can also be a mixture of both, in that case it pays out both when you are alive and when you die earlier. Finally, a life insurance policy can provide a periodic payment as long as the insured person is alive or precisely from the moment the insured person dies.

Learn more about insurance in brainly.com/question/13293881

4 0

3 years ago

Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes o

olya-2409 [2.1K]

Answer:

Confirmation bias

Explanation:

Confirmation bias occurs from the direct influence of desire on beliefs. When people would like a certain idea or concept to be true, they end up believing it to be true. They are motivated by wishful thinking. This error leads the individual to stop gathering information when the evidence gathered so far confirms the views or prejudices one would like to be true. Once we have formed a view, we embrace information that confirms that view while ignoring, or rejecting, information that casts doubt on it. Confirmation bias suggests that we don’t perceive circumstances objectively. A confirmation bias is a type of cognitive bias that involves favoring information that confirms your previously existing beliefs or biases.

For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe. This individual might even seek "proof" that further backs up this belief while discounting examples that don't support the idea.

5 0

3 years ago

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Leyton Lumber Company has sales of $12 million per year, all on credit terms calling for payment within 30 days, and its account

s2008m [1.1K]

<u>Solution and Explanation:</u>

The following formula is used in order to calculate the days sales outstanding:

Days sales out standing = ( Accounts receivable divided by Sales ) multiply with 365

= $1.5 million divided by $12 million multiply with 365

After calculating we get, 45.625 days

<u>In order to calculate the capital released, the following formula is used: </u>

$Capital released $=$ Sales $*$ (DSO - Credit period) $/ 365$$