Answer:
Option (B) is correct.
Explanation:
Given that,
Standard Price = $5
Direct material (Actual Price) = $4.9
Actual Quantity Purchased = 28,900
Materials price variance for January:
= (Standard Price - Actual Price) × Actual Quantity Purchased
= ($5 - $4.9) × 28,900
= $2,890 (Favorable)
Therefore, the materials price variance for January is $2,890 Favorable.
Answer:
Correct option is (D)
Explanation:
Employees, employers and self employed are supposed to contribute to fund social security and medicare.
Contribution made by each party comes under different categories. Employees contribute to social security and medicare in the the form of FICA taxes which could be withheld by the employers. Employees pay 50 percent and the remaining 50 percent is paid by the employer.
Self employed contribute in the form of self employed taxes.
D. Stockholders for a pharmaceuticals company that has a new cancer drug
Answer:
$62,000
Explanation:
Total materials - indirect materials
=62,000- 2000= $62,000
Answer:
Please see the answer below
Explanation:
A vice-president typically has a high level of responsibility in the company as compared to the HR Professional. VP oversees a significant portion of the company as well as to look after the all the company’s functions when CEO is not available. While the person in Human Resource is limited responsibility and should not be compared with VP. The Vice President salary is also commensurate with the amount of expertise, previous experience and the amount of risk that is associated in performing the duties of the post to keep the company profitable and in good standing.
