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aksik [14]
3 years ago
6

During the latest month, the company purchased and used 47,000 pounds of direct materials at a price of $1.20 per pound to produ

ce 10,000 units of output. Direct labor costs for the month totaled $28,425 based on 3,790 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $14,800 and fixed manufacturing overhead incurred was $12,000.
Based on this information, the total direct materials cost variance for the month was _____.
Business
1 answer:
Nataliya [291]3 years ago
5 0

Answer:

$1400 U

Explanation:

Total direct materials cost variance = (47,000 actual pounds × $1.20 actual cost per pound) − (50,000 standard pounds × $1.10 per pound) = $1,400 unfavorable

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Acme, Inc., which manufactures the fireworks that municipal governments buy to put on their annual fireworks shows on the Fourth
kap26 [50]

Answer:

Reshoring.

Explanation:

Reshoring is the process of returning the production and manufacturing of goods back to the company's original country. Reshoring is also known as onshoring, inshoring or backshoring.

7 0
3 years ago
Marlow Company purchased a point of sale system on January 1 for $5,800. This system has a useful life of 5 years and a salvage
xz_007 [3.2K]

Answer: $1392

Explanation:

The depreciation rate under straight line is =1/5=0.2

The depreciation rate under double declining is = 0.2 × 2 = 0.4

Depreciation expense for the first year = 0.4 × $5800 = $2320.

At the beginning of year two, net book value = $5800 - $2320 = $3480

Depreciation expense for year two = 0.4 × $3480 = $1392

7 0
3 years ago
You are considering opening a donut restaurant aimed primarily at the breakfast market. You plan to sell donuts, coffee, and oth
stich3 [128]

Answer:

Donuts= 28,571

Explanation:

<u>First, we need to determine the sale proportion of each product:</u>

Other items= 2/5= 0.4

Coffe= 2/5= 0.4

Donut= 1/5= 0.2

<u>Now, we can calculate the break-even point in units for the company as a whole:</u>

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 100,000 / (0.5*0.2 + 0.5*0.4 + 1*0.4)

Break-even point (units)= 100,000 / 0.7

Break-even point (units)= 142,857 units

<u>Now, the number of donuts:</u>

<u />

Donuts= 0.2*142,857

Donuts= 28,571

3 0
3 years ago
An increase in the reserve requirement _____. rev: 06_20_2018 Multiple Choice increases the money supply by decreasing excess re
Jlenok [28]

Answer:

decreases the money supply by decreasing excess reserves and decreasing the monetary multiplier

Explanation:

If there is increased in the reserve requirement so there is also increase the credit cost but it would lead to a decrease in money supply through the decrease in excess reserves that result into reduction in money multiplier also there is the reduction of loan activity  

Therefore the third option is correct

4 0
3 years ago
g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be
krek1111 [17]

In a condition wherein a machine costing $148,000 and accumulates depreciation of $103,000 is sold for $59,000 cash, then the amount that should be reported as a source of cash under the cash flows from investing activities will be $59,000. Therefore, the option C holds true.

Cash flows from investing activities include the amount(s) spent by an organization over investing in different classes of assets with a view to pursue monetary returns. They include the amounts that are received or sent as cash at the time of purchase or sales of an asset of an organization.

Learn more about cash flows here:

brainly.com/question/15021405

#SPJ4

Complete question

g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:

a. Zero.

b. This is a financing activity.

c. $59,000.

d. $14,000.

e. This is an operating activity.

f. $45,000.

5 0
1 year ago
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