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djverab [1.8K]
2 years ago
12

Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of materi

al at $4.50 and standard costs for 4,800 pounds of material at $5.10 per pound. What is the direct materials quantity variance? a. $1,020 favorable b. $900 favorable c. $1,020 unfavorable d. $900 unfavorable
Business
2 answers:
Fed [463]2 years ago
8 0

Answer:

c. $1,020 unfavorable

Explanation:

Direct materials quantity variance = SP x (SQ – AQ)

Where

SQ = Standard quantity

SP = Standard price

AQ = Actual quantity

AP = Actual price

Direct materials quantity variance =$5.10(4800 - 5000)

                                                        = $5.10 × -200

                                                        = $1,020 unfavorable

The right option is c. $1,020 unfavorable

Anastasy [175]2 years ago
3 0

Answer:

A. $1,020 unfavorable.

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A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto
Anvisha [2.4K]

Answer:

Any value given up from not choosing the other options is the <u>opportunity cost</u>

Explanation:

The cost of opportunity is the alternative that you sacrifice when you choose an option.  

It represent the benefits that you misses out on when choosing one alternative over another.  

In this case, the cost of opportunity is to plant crops.  

8 0
2 years ago
In the multiplex industry, Vibrant Movies Inc. is an upscale multiplex that focuses on superior customer experience. The firm ch
Rudiy27

Answer:

True movies is pursuing an integration strategy.

Explanation:

"Integrated marketing is the process of delivering a consistent and relevant content experience to your audience across all channels. [...] The ultimate goal of integrated marketing is a consistent, customer-centred experience that delivers results for your brand."

Reference: NewsCred. “What Is Integrated Marketing?” Insights, 7 Oct. 2019

5 0
3 years ago
Read 2 more answers
If the interest rate on a savings account is 0.02%, approximately how much money do you need to keep in this account for 1 year
zavuch27 [327]

Answer:

$49,950

Explanation:

X = amount in account

Make (x times the interest rate) equal to the $9.99 you will need to earn to cover the fee.

.02%* x = 9.99

.0002x= 9.99 (Divide both sides by .0002)

x = $49,950

With such a small interest rate, you will need to have a large sum of money in order to earn enough to cover the fee.

8 0
3 years ago
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On September 30, 2016, Athens Software began developing a software program to shield personal computers from malware and spyware
Cloud [144]

Answer:

Check the explanation

Explanation:

1. Record the journals as shone, below:

Date       Accounts title & explanation             Debit (S)             Credit(S) 2016     Research and development expense    2,200,000                                 `                               Cash                                             2,200,000  

                 (To record the expense incurred

                    on research and development)

2017   Research and development expense    800,000  `             `                            Software and development costs      400.000

                                           Cash                                              1,200,000

                         (To record the sc&ware

                         development costs incanted)

kindly check the answer to the second question in the attached image below

6 0
3 years ago
Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised or
Greeley [361]

Answer:

Supervised and Unsupervised Learning:

a. Unsupervised learning

b. Supervised learning

3. Supervised learning

4. Unsupervised learning

Explanation:

The key difference between supervised machine learning and unsupervised machine learning is that with supervised machine learning there is a training dataset (labeled data) on which the algorithm is trained to predict patterns.  With unsupervised machine learning on the other hand, there is no training data.  So, the algorithm discovers patterns on itself without reference to another labeled data or training dataset.

6 0
3 years ago
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