1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zmey [24]
3 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]3 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

You might be interested in
4. Suppose you hold a PUT option on Israeli shekels with a strike price of 3.4207s/$. If the spot rate on the final day of the o
Anon25 [30]

Answer:

Profit $3,567

I would exercise my option by buying the shares before the expiration .

Explanation:

Calculation of how much profit would you make trading $1,000,000

First step is to multiply the spot rate on the final day by the trading amount

3.4329s*$1,000,000

=$3,432,900

Second step is to divide the spot rate option by the strike price

3,432,900/3.4207

=$1,003,567

Last Step is to find the profit

Profit =$1,003,567-$1,000,000

Profit=$3,567

Therefore the amount of PROFIT you would make trading $1,000,000 will be $3,567

Based on the above calculation I would exercise my option by buying the shares before the expiration .

8 0
3 years ago
1. Suppose two types of firms wish to borrow in the bond market. Firms of type A are in good financial health and are relatively
Olin [163]

Answer:

Type A is 7%, type b is 11%

Explanation:

We have these two firm's as type a and type b

For type A

Interest would be = risk Free rate of 2% + risk free rate of 5% = 7%

For type B

= Risk free rate of 5% + risk free rate of 6% = 11%

I would use the average of this two 9% as interest but this is not going to work for type A because this interest rate is too high. People won't want to pay this much.

8 0
2 years ago
Dr. Beswick was writing questions for a test, but found herself listening to reggae music coming from an adjoining office, and t
Svetradugi [14.3K]

Dr. Beswick was writing questions for a test, but found herself listening to reggae music coming from an adjoining office, and thinking about her upcoming trip to the Caribbean. She is experiencing  <u>attentional deficit</u>.

<u>Explanation</u>:

Attention deficit disorder (ADD) is a kind of neurological disorder that causes difficulty in concentration, lacking attention and facing many problems in completing tasks and social interaction.

Brain injury, genes and exposure to environment toxins are some of the causes of the attention deficit disorder.

In the above scenario, Dr. Beswick was attending a test. She was distracted by the reggae music that was coming from the adjoining office. After listening to the music she started thinking about her upcoming trip to Caribbean. Dr. Beswick was affected by attentional deficit disorder.

7 0
3 years ago
Type the correct answer in the box. Spell all words correctly
Otrada [13]

Answer:

Explanation:

Dyslexia is a common learning difficulty affecting both children and adults. While no two individuals struggle with the same symptoms, generally people with dyslexia must work harder than their others to develop literacy skills.

They usually need more time to read and write, and go through series of frustration navigating numbers.

Therefore it will be best for Nathanael to use diagrams in his adverts to convey the message the company is trying to get across, because Individuals with dyslexia have more of a visual mind.

Also using less words and highlighting keywords with bright colours will make it clearer.

6 0
3 years ago
The fact that businesspersons are expected not to harm customers, clients, and competitors knowingly through deception, misrepre
just olya [345]

Ethics.

Business ethics is a system of ethical principles for acting fairly and honestly in the workplace and with customers and companies.  

4 0
3 years ago
Other questions:
  • Bonds are issued on June 1 that have interest payment dates of April 1 and October 1. Bond interest expense for the year ended D
    12·1 answer
  • The following data pertains to activity and costs for two months:
    8·1 answer
  • During the 16th and 17th centuries many European countries adopted the belief that the best way to have a prosperous country was
    13·1 answer
  • All else equal, when oil prices increase, some uneconomical sources of oil tend to become more economical, and this will _______
    11·1 answer
  • Sprouts Corporation reported net cash provided by operating activities of $412,000, net cash used by investing activities of $25
    5·1 answer
  • A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for 10,000 and paid 750 for the frei
    8·1 answer
  • From the dropdown box beside each numbered balance sheet item, select the letter of its balance sheet classification. If the ite
    12·1 answer
  • Minor Electric has received a special one-time order for 600 light fixtures (units) at $12 per unit. Minor currently produces an
    12·1 answer
  • Perion Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direc
    12·1 answer
  • Listed below are year-end account balances ($ in millions) taken from the records of Poe Dameron's Pilot School. Debit Credit Ac
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!