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3 years ago

The standard price and quantity of direct materials are separated because

Business

1 answer:

Reptile [31]3 years ago

4 0

Answer and Explanation:

Generally, every business has different units for purchasing raw materials and producing new materials from raw materials these units called the department.

There is a purchasing department for purchasing raw materials which also determines their price. And the production of raw materials is controlled by the production department.

So, there quantity and prices are different.

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Assume (1) a predetermined overhead rate of $8.00 per machine-hour, (2) actual machine-hours worked during the period of 54,000

rodikova [14]

Answer:

Allocated MOH= $432,000

Explanation:

Giving the following information:

Predetermined overhead rate of $8.00 per machine-hour

Actual machine-hours worked= 54,000 hours

To calculate the allocated overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8*54,000

Allocated MOH= $432,000

7 0

3 years ago

If the world price for good A is above the domestic price for good A without trade, then producer surplus will ________ and tota

goblinko [34]

Answer:

The correct answer is letter "B": increase; decrease.

Explanation:

Producer surplus is the difference between the price at which the manufacturer actually sells a product and the minimum price the manufacturer would have accepted. The surplus results from the producer being able to sell their goods at a market price higher than their minimum price.

So, if producer A manufactures a product that is being sold at a higher price level abroad, its producer surplus will increase. However, the overall economic surplus with trade will decrease since the introduction to producer A to the market will allow consumers to purchase the goods at a lower price.

6 0

3 years ago

Which measurements is the same length as 1 meter

vampirchik [111]

Answer:

A yard.

Explanation:

It is roughly about the same length as a meter.

8 0

3 years ago

Read 2 more answers

It is efficient to continue an activity as long as the marginal benefit exceeds the marginal cost.

alina1380 [7]

Answer: True

Explanation:

8 0

2 years ago

Read 2 more answers

Piere Imports uses the perpetual system in accounting for merchandise inventory and had the following transactionsduring the mon

frozen [14]

Answer:

If records invoices at gross amounts

October 2th

inventory 3,000 debit

A/P 3,000 credit

October 2nd

A/P 500 debit

inventory 500 credit

October 17th

inventory 5,400 debit

A/P 5,400 credit

October 26th

A/P 5,400 debit

Inventory 108 credit

cash 5,292 credit

October 31th

A/P 2,500 debit

Cash 2,500 credit

If records invoices at nets amounts

October 2th

inventory 2,940 debit

A/P 2,940 credit

October 2nd

A/P 490 debit

inventory 490 credit

October 17th

inventory 5,292 debit

A/P 5,292 credit

October 26th

A/P 5,292 debit

cash 5,292 credit

October 31th

A/P 2,490 debit

Inventory 10 debit

Cash 2,500 credit

Explanation:

gross amount: we use the invoice nominal

net amount: we use the net nominal

October 2nd net:

3,000 x (1-2%) = 2,940

returns net: 500 x ( 1 - 2%) = 490

October 16th invoice net:

5,400 x ( 1 - 2%) = 5,292

october 31th

october 2th invoice balance:

2,940 - 490 = 2,450

8 0

3 years ago