1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dimulka [17.4K]
3 years ago
5

The following company information is available. The direct materials quantity variance is:

Business
1 answer:
LiRa [457]3 years ago
6 0

Answer:

Direct material quantity variance= $9,600 unfavorable

Explanation:

Giving the following information:

Direct materials used for production 36,000 gallons

Standard quantity for units produced 34,400 gallons

Standard cost per gallon of direct material $6.00

To calculate the direct material quantity variance, we need to use the following formula:

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

Direct material quantity variance= (34,400 - 36,000)*6

Direct material quantity variance= $9,600 unfavorable

You might be interested in
when selling a product, the collection of buyer-specific benefits that a seller offers to a buyer is known as
Inga [223]

Customer value proposition refers to the assortment of buyer-specific benefits that a seller provides to a buyer when selling a product.

More about the Customer value proposition:

A customer value proposition (CVP) in marketing is the total of the advantages a vendor guarantees a customer will receive in exchange for the related payment (or other value-transfer).

A company can create value in their product or service while marketing to potential customers by using a customer value proposition. This is frequently determined by totaling the benefits that vendors offer to their customers.

Similar to the USP, this is a succinct claim intended to persuade buyers that a specific good or service will be more valuable or better able to address their issue than those offered by competitors.

Learn more about the Customer value proposition:

brainly.com/question/2740037

#SPJ4

6 0
2 years ago
In addition to the owner, how many employees can a sole proprietorship have?
Vlad [161]

Answer:

A sole proprietorship is a business owned by only one person. The most common form of ownership, it accounts for about 72 percent of all U.S. businesses[1]. It’s the easiest and cheapest type of business to form: if you’re using your own name as the name of your business, you just need a license to get started, and once you’re in business, you’re subject to few government regulations.

As sole owner, you have complete control over your business. You make all important decisions, and you’re generally responsible for all day-to-day activities. In exchange for assuming all this responsibility, you get all the income earned by the business. Profits earned are taxed as personal income, so you don’t have to pay any special federal and state income taxes.

Explanation:

5 0
3 years ago
The balance sheet of Innovative Products reports total assets of $570,000 and $770,000 at the beginning and end of the year, res
Makovka662 [10]

Answer:

$201,000

Explanation:

The computation of net cash flows from operating activities is shown below:-

Beginning Total Assets            $570,000

Ending total assets                   $770,000

Average Total Assets in use    $670,000

($570,000 + $770,000) ÷ 2

Cash return on Asset                    30%

Cash Flow from operating activities  

Average Assets × 25%               $201,000

($670,000 × 25%)

Therefore the Cash Flow from operating activities is $201,000

6 0
3 years ago
New England Co. had net cash provided by operating activities of $351 ,000; net cash used by investingactivities of $420,000; an
Ira Lisetskai [31]

Answer:

d. $248,000

Explanation:

beginning cash balance            27,000

operating activities 351,000

investing activities (420,000)

financing                 250,000

cash generate during the year 181,000

ending cash balance                208,000

<u>Note:</u>

The information of the sale of land is contained with the investment activities.

The proceeds from sales are in the operating activities.

<u>We just need to calculate using the total for each activity.</u>

7 0
3 years ago
A fixed input, X, and a variable input, Y, are used to produce good A. If the marginal physical product (MPP) of Y is constant,
butalik [34]

Answer:

umm........i think its A..............

Explanation:

5 0
3 years ago
Other questions:
  • If your currently scanning speed is 947 items a hour and your target is 1,000 how many items do you need to scan a hour
    12·1 answer
  • According to the capture hypothesis of regulation,
    11·1 answer
  • Why should all small business owners develop business plans even if they are not required to obtain financing?
    8·1 answer
  • Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Complia
    6·1 answer
  • The following information is available: Units in process, Dec. 1 (60 percent converted) 2,000 units Units in process, Dec. 31 (5
    10·1 answer
  • You and your best friend watch the same television commercial together. You think that the spokesperson in the ad is quite humor
    7·1 answer
  • Which of the following situations represents an economic problem? a) A student trying to decide how to spend his weekly allowanc
    15·1 answer
  • Suppose a financial manager buys call options on 26,000 barrels of oil with an exercise price of $111 per barrel. She simultaneo
    11·1 answer
  • Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
    6·1 answer
  • During a period of economic expansion, when expected profitability is high, the: select one: a. Equilibrium price of bonds incre
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!