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dimaraw [331]
3 years ago
15

their major products, the plastic container. Budgeted quantity Budgeted price Direct materials 0.25 pounds $30 per pound Direct

labor 0.13 hours $16per hour Actual During July, Company produced and sold 5,000 containers using 1,100 pounds of direct materials at an average cost per pound of $29 and 600 direct manufacturing labor hours at an average wage of $15 per hour. Direct Material Flexible - Budget variance is
Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

Total Material cost variance  $5,600  favorable

Explanation:

<em>The direct matriculate total variance is he difference between the standard material cost for the actual output achieved and the actual material cost of the same output</em>

Standard materiel cost per unit = 0.25 × $30 = $7.5  per unit

                                                                                                  $

5,000 units should have cost (5000×  $7.5) =                    37,500

but did cost  (actual cost        1,000 × $29                          <u> 31,900 </u>

Total Material cost variance                                           <u>       5600</u>  favorable

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Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a
mote1985 [20]

Answer:

Direct labor cost= $31,200

Explanation:

Giving the following information:

Production= 48,000 units

Standard time= 3 minutes per unit

Rate= $13 per hour

First, we need to calculate the number of hours required:

The proportion of minuted per hour= 3/60= 0.05

Number of hours= 48,000*0.05= 2,400 hours

Now, the direct labor cost:

Direct labor cost= 2,400*13= $31,200

7 0
3 years ago
PA8.
notka56 [123]

Answer:

750

Explanation:

The number of units in finishing department at the end of the month shall be calculated as follows:

Number of units transferred=Starting wip inventory+units received from molding department-number of units at the end of month.

Number of units at the end of month=Starting wip inventory-number of units transferred+units received from molding department

Number of units at the end of month=700-2,150+2,200

                                                             =750

6 0
3 years ago
Suppose that in 2011, per-person GDP in Singapore was $53,591, and in Egypt, it was $5,547, as measured in 2005 purchasing power
Lyrx [107]

Answer:

a. There are significant differences in incomes between high- and low-income countries.

Explanation:

Data provided in the question

Per person GDP in Singapore = $53,591

Per person GDP in Egypt = $5,547

Based on the above information

As we can see that the level of income in Singapore is higher than Egypt also when there is an important difference in the high income and low income countries the same is shown accurately

hence, the correct option is a.

5 0
3 years ago
A student organization is developing promotions for its clothing fundraiser. Email blasts across campus will be part of the camp
Masja [62]

Answer: Logistic regression

Explanation:

The type of model that the student group can utilize to analyze which features are important for explaining whether someone opens a promotional email is the logistic regression.

Logistic regression is the regression analysis that's used to conduct in a case whereby the dependent variable is binary.

With regards to the question, the logistic regression can provide the best model which will be used to forecast the most important features for the opening of the promotional e-mail.

8 0
2 years ago
List at least two tips for using credit wisely
PIT_PIT [208]
Pay your balance each month and keep a limit
5 0
3 years ago
Read 2 more answers
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