All categories

3 years ago

The following data for Romero Products Inc. are available:

Business

1 answer:

Mkey [24]3 years ago

3 0

Answer:

Sales quantity factor = - $600,000

Unit price factor = $760,000

Explanation:

sales quantity factor is the effect of change in number of units sold with respect to the budgeted price or planned price.

Unit price factor is the change in price per unit with respect to the actual number of units sold.

Unit price factor $(220-200)×38,000 = $760,000

Sales quantity factor (38,000 - 41,000) × $200 = -$600,000

Kindly see attached picture

You might be interested in

Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 201 A

Svetradugi [14.3K]

Answer:

The journal entry is as follows:

Work in process A/c Dr. $158,700

Manufacturing overhead A/c Dr. $2,250

To Raw material inventory $160,950

(To record the issuance of materials)

Workings:

Work in process is debited with direct material:

= 88,700 + 27,600 + 3,650 + 38,750

= $158,700

Manufacturing overhead debited with indirect material cost = $2,250

5 0

3 years ago

First phase of hacking is __________ phase, which is designed to gain as much information about a target organization and its sy

Zina [86]

The first phase of hacking is the Reconnaissance phase. The Reconnaissance phase is for gathering as much information as possible. It is a vital part of a digital attack.

6 0

3 years ago

Joe sold gold coins for $1000 that he bought a year ago for $1000. He says, "At least I didn't lose any money on my financial in

Sav [38]

Answer:

TRUE

Explanation:

Opportunity cost refers to those costs that can help us save more money. When we move from one investment to another, then the additional income from the other investment is called opportunity cost.

In this case, if Joe chooses Invest in a bank deposit in the place of Gold coins, he can enjoy 3% more return at the place of no profit and loss, so Joe had loss his 3% opportunity cost.

8 0

3 years ago

Define education please

BigorU [14]

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, morals, beliefs, and habits.

5 0

3 years ago

5 points

swat32

Answer:

Explanation:

7 0

3 years ago