Answer:
$1300 U
Explanation:
Budgeted cost of plastic per yard = $91
Actual cost of the plastic per yard = $90
Actual units made = 4100
Budgeted units to be made = 3300
Actual plastic used = 4160 yards
Now,
Materials quantity variance
= ( Budgeted material - Actual material ) × Actual cost
= ( 1 × 4100 - 4160 ) × $90
= -$5,400 [Here negative sign means unfavorable ]
Materials price variance = ( Budgeted cost - Actual cost ) × Actual units
= ( $91 - $90 ) × 4100
= $4100
Therefore,
Total material variance = $4,100 - $5,400
= - $1,300
i.e $1300 U
The correct answer that would best complete the given statement above would be the second option. Funds are Scarce, so VOLUNTEERS <span>are needed to re-build homes destroyed by the flood. Volunteers include those people who are willing to help and give support without asking in return or be paid, given that the funds are already scarce. Hope this helps.</span>
Answer:
Final Accounts Receivable $ 3191
Explanation:
Opening Accounts Receivable $3,200
Received Cash Payment $ 9
Ending Accounts Receivable $3200- $ 9= $ 3191
Opening Cash $12,100
Received customer payment $ 9
Bought manufacturing supplies $ 17
Sold inventory at cost $ 25
Ending Cash Balance = $2100 + 9-17 + 25= $ 2117
<h2><u>Accounts Receivable </u></h2><h3><u>Debit Credit</u></h3>
Opening $3,200
Cash Received 9
<u> Ending $ 3191</u>
<u>$3200 $3200 </u>
The only receipt is of $ 9 which is deducted from the opening accounts receivable to get the final account receivable.
Answer:
700 units
Explanation:
Since it is given that the 700 units if city are sold to the nano segment and it is also mentioned that the competitive environment remains unchanged so the city demand of the product for the next year is also remains same as there is no change in the competitive environment
Hence, the demand fro the product in the next year is 700 units
Answer:
The correct option is option D which is When 2006 is chosen as the base year, the inflation rate is 50 percent in 2007.
Explanation:
For the fixed basket, the price is 2006 is given as
Basket Price =$3*10+$5*6=$30+$30=$60
Now the price of basket in 2007 is given as
Basket Price=$5.40*10+$6*6=$54+$36=$90
Now as the inflation rate is given as
Price in 2007/Price in 2006=$90/$60=1.5
this indicates that the prices have become 1.5 times or have increase 50% Thus the inflation rate is 50%
