1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rewona [7]
3 years ago
7

Devon Company has collected the following data for one of its​ products: Direct materials standard​ (4 pounds​ @ $1/lb.) ​$4 per

unit Direct materials flexible budget variancelong dash—unfavorable ​$15,000 Actual direct materials used ​103,000 pounds Actual units produced ​22,000 units What is the direct materials efficiency​ variance?
Business
1 answer:
BabaBlast [244]3 years ago
4 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct materials standard​ (4 pounds​ @ $1/lb.) ​$4 per unit

Direct materials flexible budget variance—unfavorable ​$15,000

Actual direct materials used ​103,000 pounds

Actual units produced ​22,000 units

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

Direct material quantity variance= (22,000*4 - 103,000)*1= $15,000 unfavorable

You might be interested in
A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who
Andrej [43]

The size of the sample that must be used is 264. The correct sample size is 264. Read below about how to arrive at the sample size.

<h3>What is the sample size that must be used?</h3>

p′ = x / n where x represents the number of successes and n represents the sample size. The variable p′ is the sample proportion and serves as the point estimate for the true population proportion.

Then, it follows that,

p= 30/10 x 88 = 264

Therefore, the correct answer is 264.

learn more about population proportion: brainly.com/question/4300488

#SPJ11

3 0
2 years ago
Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether they should advertise
snow_tiger [21]

Answer: Please refer to Explanation.

Explanation:

Two Companies. We shall call them A and B.

If A and B decide not to advertise, they both get $5,000,000.

If A advertises and B does not then A captures $3 million from B at a cost of $2 million meaning their payoff would be,

= 5 million - 2 million + 3 million

= $6 million.

A will have $6 million and B will have $2 million as $3 million was captured from them. This scenario holds true if B is the one that advertises and A does not.

If both of them Advertise, they both reduce their gains by $2 million while capturing $3 million from each other so they'll essentially both have just $3 million if they both decide to advertise.

With the above scenarios, it is better for both companies to ADVERTISE if there is NO COLLUSION. This is because it ensures that they do not get the lowest payoff of $2 million if the other company decides to advertise and they do not.

However, if they DO COLLUDE. They must both decide that NONE of them SHOULD ADVERTISE and this would leave them with their original $5 million each which is a higher payoff than the $3 million they will both receive if they were both advertising.

3 0
3 years ago
How did the role of the onondaga people differ from the roles of the other four trives of iroquois nation?
maxonik [38]

According to Articles 1 and 10, the role of the Onondaga differs from that of the other four Iroquois tribes because the Onondaga land is planted with a tree of peace and they are firefighters.

The Mohawks, the Oneidas, the Onondagas, the Cayugas, and the Senecas fought against each other. There was massive bloodshed and death all around us. These people of the five nations have forgotten their ways, and their deeds grieve the creator. The creator decided to send messengers so that the five nations could live in peace. The messenger is called Peacemaker.

Peacemaker was born on the north shore of Lake Ontario. There he grew up with his mother and his grandmother. They quickly realized that this young man was a special person. He always spoke of peace and said that the creator had given him a powerful message.

Learn more about Onondaga here :

brainly.com/question/25785890

#SPJ4

4 0
1 year ago
Cassandra is a 21-year-old who is still in college. She wants a credit card so she can order items online.
ycow [4]
The most logical answer to me would be A, however I recommend you don’t go with my answer JUST YET because this is an educational guess. Take time to think about my answer. Sorry if it’s wrong
4 0
3 years ago
A dividend preference for preferred stock means that:_________A. Dividends must be declared on preferred stock. B. Preferred sha
Airida [17]

Answer:

D. Preferred stockholders are allocated their dividends before dividends are allocated to common shareholders.

Explanation:

Before declaring dividend on common shares, it is always necessary for the company to pay dividends on preferred shares and dividends are declared when there are sufficient profits.

4 0
3 years ago
Other questions:
  • You are working at a practice that has a very busy daily schedule and needs to standardize the times when statements are handled
    5·1 answer
  • In the event of an incident or disaster, which planning element is used to guide off-site operations?
    13·1 answer
  • Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufact
    7·1 answer
  • E7.5 (LO 2) (Recording Sales Gross and Net) On June 3, Arnold Company sold to Chester Company merchandise having a sale price of
    7·1 answer
  • What role did the federal reserve play in the banking crisis of 2008-2009
    13·1 answer
  • Which of the following trends has been observed in the world population in terms of aging? A) As nations have advanced economica
    10·1 answer
  • Exhibit 9-4 Refer to Exhibit 9-4. Assume the economy is self-regulating and currently is in long-run equilibrium with the price
    13·1 answer
  • Hero Manufacturing has 5 million shares of common stock outstanding. The current share price is $84 and the book value per share
    13·1 answer
  • How do employee benefits relate to disposable income
    11·1 answer
  • Aggregates all cash inflows, which the company receives from its ongoing activities and investment sources, and all cash outflow
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!