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Leona [35]
3 years ago
7

What name is given to the price a dealer pays when purchasing a car from a manufacturer? A. Market price B. MSRP C. Book value.

D. Invoice price. .
Business
2 answers:
Goryan [66]3 years ago
6 0
D. Invoice Price. The invoice price<span> is the </span>price<span> that appears on the </span>invoice<span> that the manufacturer sends to the dealer when the dealer receives a car from the factory.</span>
Delvig [45]3 years ago
3 0

D . Invoice Price is correct on APEX as well :)

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Peking Palace Company reported the following: Standard quantity per unit 3 lbs. Standard price per pound $2.75 Actual pounds use
SCORPION-xisa [38]

Answer:

$577.5 favorable

Explanation:

Data provided in the question:

Standard quantity per unit 3 lbs

Standard price per pound = $2.75

Actual pounds used = 15,000 lbs

Actual price per pound = $2.90

Number of units produced = 5,070

Now,

The direct materials quantity variance is given as;

= | ( Actual quantity - Standard quantity ) | × Standard price

= ( 15,000 lbs - {Standard quantity per unit × units produced}) × $2.75

=  ( 15,000 lbs - { 3 × 5,070}) × $2.75

= | ( 15,000 lbs - 15,210 ) | × $2.75

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Since,

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thus,

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