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dedylja [7]
3 years ago
8

Century Manufacturing developed the following per-unit standards for its product: 4 pounds of direct materials at $6.40 per poun

d. Last month, 3,000 pounds of direct materials were purchased for $18,240. The direct materials price variance for last month was
Business
1 answer:
Bond [772]3 years ago
4 0

Answer:

price variance   960.00 F

Explanation:

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost                 $6.40

actual cost         $6.08 (18,240 total cost/ 3,000 units purchased)

quantity           3,000

(6.40 - 6.08) \times 3,000 = DM \: price \: variance

difference         $0.32

3,00 x 0.32 = price variance

price variance   $960.00

The actual cost was below the standard. It cost less to purchase each pound. This variance is favorable

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You believe that the spread between the september s&p 500 future and the s&p 500 index is too large and will soon correc
Dvinal [7]

You believe that the spread between the September s&p 500 future and the s&p 500 index is too large and will soon corrected. to take advantage of this mispricing, a hedge fund should <u>sell S&P 500 Index futures and buy all the stocks in the S&P 500.</u>

A fund is an investment allocated for a specific purpose. The fund's cash pool is often professionally invested and managed. Some common types of funds are pension funds, insurance funds, endowments, and endowments.

Funds are formed by pooling funds from multiple investors. A fund is a pool of funds available for a specific purpose. A professional manages the money and invests it in securities. Fund managers manage funds and use several strategies to effectively invest their funds.

Learn more about Funding here: brainly.com/question/25887038

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5 0
2 years ago
A variable annuity is a(n)
Volgvan

Answer:

The correct answer is B. non-exempt security under the Securities Act of 1933 because the purchaser bears the investment risk

Explanation:

With a variable annuity, the annuity funds are invested in securities such as bond funds or equity funds. In these cases, the performance of the funds will define the performance of the annuity money and how much the annuity owner will receive from it. In this case, in the variable annuities there is a certain investment risk that everyone must determine when investing their money. In summary, the amount of risk that everyone is in a position to adopt will determine the amount of acceptable risk and therefore what type of funds will be selected for the investment.

It is possible to consider using a variable annuity for those who:

  • They feel comfortable with stock market fluctuations and are willing to accept them in exchange for a greater return to inflation for a longer period of time.
  • They are young people who seek to plan for retirement by taking advantage of the long-term stock market.
7 0
3 years ago
a bacteria population starts with 200 bacteriaa and grows at a rate of r(t) = (450.268)e 1.12567t bacteria per hour. How many ba
Virty [35]

Answer:

11,513

Explanation:

Data provided in the question:

Initial bacteria = 200

Growth rate r(t) = (450.268)e^{1.12567t}

Now,

Total growth after 3 hours = \int\limits^3_0 {(450.268)e^{1.12567t}} \, dt

or

Total growth after 3 hours = 450.268\int\limits^3_0 {e^{1.12567t}} \, dt

or

Total growth after 3 hours =450.268[\frac{e^{1.12567t}}{1.12567}]^3_0

[ ∵ \int{d(e^x)}{dt}=\frac{e^x}{\frac{dx}{dt}}]

Thus,

Total growth after 3 hours = 400 × [{e^{1.12567t}]^3_0

or

Total growth after 3 hours = 400 × [{e^{1.12567(3)}-e^{1.12567(0)}]

or

Total growth after 3 hours ≈ 11313

Hence,

Total bacteria after 3 hours = Initial bacteria + Total growth after 3 hours

= 200 + 11313

= 11,513

4 0
3 years ago
Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al
inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]

<em><u>For the given question it would be:</u></em>

total maintenance-hours: 800  + 960 + 640 = 2,400

<u>allocation of maintenance:</u>

320,000 x   640/2400 = 85,333

4 0
3 years ago
Which of the following statements, if any, represent a principal’s duty to an agent who works on a commission basis?
saul85 [17]

Answer:

a) The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement.

Explanation:

The relationship between agent and principle is agreement based and differs from other agent-principle relationships.

Commission will be paid to agent as per their agreement.

4 0
3 years ago
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