All categories

4 years ago

Suver Corporation has a standard costing system. The following data are available for June

Business

1 answer:

Anettt [7]4 years ago

7 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The actual quantity of direct materials purchased 20,000 pounds.

standard price of direct materials $ 7.00 per pound.

Material price variance $ 5,000 Unfavorable.

Material quantity variance S 2,500 Favorable.

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

-5,000= (7 - AP)*20,000

5,000= 140,000 - 20,000AP

20,000= 145,000AP

Actual price= 7.25

You might be interested in

The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales

aev [14]

Answer:

1-A. Sales budget

1st 2nd 3rd 4th

Quarter Quarter Quarter Quarter Year

Sales units 12,200 13,200 15,200 14,200 54,800

Price per unit $21 $21 $21 $21 $21

Total sales $256,200 $277,200 $319,200 $298,200 $1,150,800

1-B. Cash collections budget

1st 2nd 3rd 4th

Quarter Quarter Quarter Quarter Year

Collections from $72,600 $76,860 $83,160 $95,760 $72,600

previous quarter

Collections from $166,530 $180,180 $207,480 $193,830 $1,003,900

current quarter

Total $239,130 $257,040 $290,640 $289,690 $1,076,500

2. Productions budget

1st 2nd 3rd 4th

Quarter Quarter Quarter Quarter Year

Sales units 12,200 13,200 15,200 14,200 54,800

Planned ending 2,640 3,040 2,840 2,640 2,640

inventory

Total production 14,840 16,240 18,040 16,840 65,960

required

- Beginning 2,440 2,640 3,040 2,840 2,440

inventory

Units to be 12,400 13,600 15,000 14,000 63,520

produced

5 0

3 years ago

Carla and Ben have been married for 50 years. During that time, Carla stayed home raising their children and maintaining their h

Arlecino [84]

Answer:A. 150% of Ben's Social Security benefits.

Explanation:Social Security Benefits is a program managed by the SOCIAL SECURITY ADMINISTRATION (SSA),it is a Federal Government program that aims to support the Aged and retired workers in the United States of America. It also have a program for the Disabled people of the United States of America. According to the Enabling Laws, when both Ben and Carla have the Social security Benefits of getting 150% of Ben's social security benefits.

5 0

4 years ago

6. The money multiplier formula shows effects of

horrorfan [7]

Answer: a cash deposit into banking system on the money supply

The money multiplier refers to the ratio of deposits to the reserves in a certain banking system. The money multiplier formula is caused by a cash deposit in a bank on the money supply.

7 0

3 years ago

PLS HELP!!! What is the meaning of Customer Relationship Management (CRM)?

Alla [95]

Answer:

CRM means collecting information about the customer for the purpose of improving their future experience.

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance their satisfaction.

CRM means collecting information about the customer for the purpose of improving their future experience.

3 0

3 years ago

Read 2 more answers

2. Using the 3-x-3 Writing Process as a Guide

Alexandra [31]

Answer:1) Economy

2)The writing should be arranged on three subhead,prewriting,main writing and conclusion.

3) 15minutes

Explanation:in the first scenario, involves an intern,the cost to the customer,of the repair was not stated ,so the economy aspect wasn't addressed in the letter.

2) Business letters should follow a pattern,why,how and when.why tells the recipient the purpose if the letter while the How depicts how the writer intends to gather his thoughts on how to go about the writing.thus depend on the audience and the when is about when the to send the mail,it must be timely and must meet the requirements of the business.

3)The pre writing will take 15 minutes that is a quarter of an hour to put his thoughts together in writing.the pre writing is when the main ideas are pen down ,it is when the bulk of the work is done.every other aspect will depend on this stage

6 0

3 years ago