What are 3 ways that real estate is affected by globalization? And how?

Information concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound $6.45 Actual quantity purch

Ghella [55]

Answer:

The correct answer is $322,5 favorable.

It used 50 pounds less than estimated for the number of units produced.

Explanation:

Giving the following information:

Standard price per pound $6.45

Actual quantity used in production 2,750 pounds

Units of product manufactured 700

Materials purchase-price variance–favorable $855

Budget data for the period:

Units to manufacture 1,000

Units of direct materials 4,000 pounds

First, we need to determine the standard quantity required.

Standard quantity= 4,000 pounds/ 1,000 units= 4 pounds per unit

Now, we can calculate the quantity variance:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2,800 - 2,750)*6.45= 322.5 favorable

7 0

4 years ago

Shanna, a calendar year and cash basis taxpayer, rents property to be used in her business from Janice. As part of the rental ag

andreyandreev [35.5K]

}{y}[/tex]Answer:

For part A) The entire 2019 is deductible.

For part B) $9,075

Explanation:

FOR PARTE A) we know the equation is:

$\frac{24,200}{y} number of months$ where y is 12 (which means the entire year) and the number of months will be also 12. So the equation will be:

$\frac{24,200}{12} 12$ and the answer will be 24,200 which means the entire year is deductible.

FOR B) the equation to be used will be replaced by 24 (two years) and the number of month will be 9.

so the equation is:

$\frac{24,200}{24} 9$

the answer wil be $9,075

5 0

4 years ago

Game Play sells gaming systems and allows customers to mix-and-match individual components when placing a system order. Which ty

GuDViN [60]

Answer:

Process.

Explanation:

Since Game Play sells gaming systems and allows customers to mix-and-match individual components when placing a system order. A process facility layout would best serve Game Play's production needs.

A process facility layout can be defined as the strategic approach or plan which typically involves having the workflow around the production unit.

Generally, in a process facility layout, employees who are having similar job functions or roles are usually grouped together and as such productions are done in phases.

Hence, a customer with preferences to individual components would use a process facility layout.

4 0

4 years ago

A production-based emphasis toward a low-cost provider strategy usually requires a company to strive for Select one: a. product

leva [86]

Answer: continuous cost reductions without sacrificing acceptable quality and essential features

Explanation:

A production aimed at providing products at a low cost would target to make price of products manufactured to be relatively low while not losing acceptable quality and key features in products. The low cost of products would attract buyers and the maintained quality would ensure that buyers would continue to purchase that product.

4 0

3 years ago

If labor is the only variable input and it costs $15 per hour and if the marginal product of labor is 3 units per hour, the shor

slamgirl [31]

Based on the information given the short-run marginal cost of 1 unit of output is approximately $5.00.

Using this formula

Marginal cost=Change in cost/Change in quantity

Where:

Change in cost=$15 per hour

Change in quantity=3 units per hour

Let plug in the formula

Marginal cost=$15/3

Marginal cost=$5.00

Inconclusion the short-run marginal cost of 1 unit of output is approximately $5.00.

Learn more here:brainly.com/question/16043702

5 0

3 years ago