<span>from your college bcis class, you recall that they would be in the: </span>requirements analysis <span>phase of the sdlc process.
During the requirements analysis phase of the SDLC process, we will gather all the system requirement, users' requirement, and the operational requirement of the business process.</span>
B. 6 points
6 points or more will restrict the minor's license for 1 year to business purposes only.
Answer:
Considering selling the items and donating cash instead
The practice of buying goods and services now and paying for them later is termed is<u> Bartering</u>.
A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.
In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.
A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.
The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.
To learn more about Bartering here
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Answer:
Direct material price variance
= (Standard price - Actual price) x Actual quantity purchased
= ($2.2 - $2.10) x 80,000 units
= $8,000 (F)
Actual price = <u>Actual material cost</u>
Actual quantity purchased
= <u>$168,000</u>
80,000 pounds
= $2.10
Direct material quantity variance
= (Standard quantity - Actual quantity used) x Standard price
= (77,500 - 80,000) x $2.20
= $5,500(A)
Standard quantity = 31 pounds x 2,500 planters = 77,500 pounds
Explanation:
Direct material price variance is the difference between standard price and actual price multiplied by actual quantity purchased. The actual price is obtained by dividing the actual cost of material by the actual quantity purchased.
Direct material usage variance is the difference between standard quantity and actual quantity used multiplied by standard price.
The standard quantity is obtained by multiplying the standard quantity for each planter multiplied by the number of planter produced.
