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VladimirAG [237]
3 years ago
5

Relevant information for Material A is as follows:

Business
1 answer:
stiv31 [10]3 years ago
7 0

Answer:

Direct Material Quantity Variance = $2,000 Unfavorable

Explanation:

For the provided information we have,

Actual quantity used = 6,500 lbs

Standard quantity allowed for actual production = 6,000 lbs

Actual price = $3.80

Standard price = $4.00

Direct Material Quantity Variance = (Standard Quantity - Actual Quantity) \times Standard Price

= (6,000 lbs - 6,500 lbs) \times $4.00

= - $2,000

As we can see that actual quantity used is more than the allowed standard quantity, thus, the variance is unfavorable.

Direct Material Quantity Variance = $2,000 Unfavorable

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Answer:

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Explanation:

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3 years ago
Why is going to a restaurant to eat dinner both a good.and a service
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Bill has been adding funds to his investment account each year for the past 3 years. He started with an initial investment of $1
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Answer:

2.96% will be effective rate of the investment

Explanation:

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<em><u>Second year: </u></em>

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4,100 x (1  - 5%) = 3,895

<em><u>Third year:</u></em>

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