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zmey [24]
2 years ago
11

Allen Boating Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skil

led labor. Allen uses standard costs to prepare its flexible budget. For the first quarter of the​ year, direct materials and direct labor standards for one of their popular products were as​ follows: Direct​ materials: 2 pound per​ unit; $ 12 per pound Direct​ labor: 2 hours per​ unit; $ 19 per hour Allen produced 3 comma 000 units during the quarter. At the end of the​ quarter, an examination of the direct materials records showed that the company used 6 comma 500 pounds of direct materials and actual total materials costs were $ 99 comma 900. What is the direct materials efficiency​ variance?
Business
1 answer:
ANEK [815]2 years ago
8 0

Answer:

42,000 unfavorable

Explanation:

The computation of the direct materials efficiency​ variance is shown below:

= (Actual quantity - Standard quantity) × standard price

= (6,500 pounds - 3,000 pounds) × $12 per pound

= 3,500 pounds × $12 per pound

= 42,000 unfavorable

Since the standard quantity is less than the actual quantity so the direct material efficiency variance would come unfavorable

All other information which is given is not relevant. Hence, ignored it

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pav-90 [236]

Answer:

The HRM (Human Resources Management) function that covers concerns about how to align individual employee's goals with the overall organization's goals is:

Performance management.

Explanation:

In Human Resource Management (HRM), there are various functions dealing with Human resource planning, Recruitment and selection, Performance management, Learning and development, Career planning. The performance management unit ensures that individual employee's goals are aligned with the overall goals of the organization in order to achieve organizational success.  The performance management function helps HR managers to establish, agree, and marry the goals of employees with organizational performance expectations.

5 0
2 years ago
Serile Pharma places 800 units in production during the month of January. All 800 units are completed during the month. It had n
liberstina [14]

Answer:

Per unit cost will be $197.5

Explanation:

We have given number of units produced = 800

Direct material cost added in January = $74000

And conversion cost added in January = $84000

So total cost = $74000+$84000 = $158000

We have to find the per unit cost of product produced

So per unit cost is given by total cost divided by total number of units produced

So per unit cost =\frac{158000}{800}=$197.5

4 0
3 years ago
Which Finance career involves the stock market?
maria [59]

Answer:

A or D (i think!)

Explanation:

3 0
2 years ago
Read 2 more answers
Stock A has an expected return of 10% and a standard deviation of 20%. Stock B has an expected return of 13% and a standard devi
Nina [5.8K]

Answer:

Expected Portfolio return = 0.5(10)+0.5(13)= 5+6.5=11.5%

Expected Portfolio SD= 0.5(20)+0.5(30)= 25%

Beta of A, 10= 5+B(6)

5=6B

B= 5/6= 0.833

B of B, 13=5+B(6)

8=6B

B=8/6

B=1.33

b. Portfolio AB's standard deviation is 25%

c. Stock A's beta is 0.8333

These two statements are correct

Explanation:

3 0
2 years ago
Smith's electronics originally priced a private-label portable dvd player at $90, and then sold 1,500 units per week. after rais
Mariana [72]
The answer i would say would be $75 
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3 years ago
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