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Vlad1618 [11]
3 years ago
6

the difference between the actual quanity and the standard quanity, multiplied by the standard price is the

Business
1 answer:
dalvyx [7]3 years ago
6 0

Answer: Direct materials quantity variance.

Explanation:

Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.

It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.

Causes of this can be low quality of materials and inadequate employee training.

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The three financial ratios that constitute return on revenue are Cost of goods sold/Revenue, Research and Development expense/Re
stiv31 [10]

The three financial ratios that constitute return on revenue are Cost of goods sold/Revenue, Research and Development expense/Revenue, and Selling, general, & administrative expense/Revenue.

What ism financial ratios?

Financial ratios are instrument used by companies to make comparison or to  measure the relationship  between  different financial statement information or data.

Hence, the three financial ratios that constitute return on revenue  are:

  • Cost of goods sold/Revenue
  • Research & Development expense/Revenue
  • Selling, general, & administrative expense/Revenue

Learn more about financial ratios here:brainly.com/question/9091091

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6 0
2 years ago
The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance
Charra [1.4K]

Answer:

PART A:

For preparing the predistribution plan we first caluclate the order of partnership elimination based on their capital accounts and the profit sharing ratio.

The lowest capital contributor is eliminated first and so on. Which is attached in figure 1

Then we prepared the predistribution plan which is attached in figure 2

PART B

The statement is attached in figure 3

6 0
3 years ago
Once Domino's decided to offer salads, it partnered with "Ready pac foods" to offer each Domino’s Pizza location prepackaged sal
Nady [450]

Answer:

Organisational planning

Explanation:

Organisational planning is an effective way to organise and make plans. Domino's has decided to offer salad for that, they have partnered with 'Ready pac food' to deliver salad at different locations.  The decision to partner with 'ready pac foods' is a part of organisational planning. The organisational planning will help domino's to easily adopt the concept and it will help them to reduce the overall cost.

7 0
2 years ago
Assume that the real GDP in Year 2022 is $8000 and the GDP deflator is 200. Calculate the Nominal GDP. Show your work. *
zloy xaker [14]

Answer:

i dont k but I needed points

Explanation:

sorry

6 0
2 years ago
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and woul
REY [17]

Answer:

The correct answer is E.

Explanation:

Giving the following information:

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and would decrease the current variable costs of $60 by $15 per unit. The selling price of $100 is not expected to change.

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 544,500/ [(100-45)/100]

Break-even point (dollars)= $990,000

6 0
2 years ago
Read 2 more answers
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