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
Maru [420]
3 years ago
6

If the purchasing manager purchased a greater quantity of raw materials than budgeted, but paid the Standard Price (SP), which v

ariance may be affected?A) Materials price varianceB) Materials quantity varianceC) Both of the variances may be affectedD) Neither of the variances may be affected
Business
1 answer:
adelina 88 [10]3 years ago
8 0

Answer:

B) Materials quantity variance

Explanation:

Provided that actual and standard price per raw material is same, therefore the price variance will be 0 as there is no difference.

Also provided that actual quantity is more than budgeted, therefore there will be an impact on material quantity variance.

As Material Quantity Variance = (Standard Quantity - Actual Quantity) \times Standard Price

Since here actual quantity will be more than standard, there will be an unfavorable variance.

Thus correct option is,

B) Materials quantity variance

You might be interested in
During 2020 the DLD Company had a net income of $85,000. In addition, selected accounts showed the following changes: Accounts R
zmey [24]

Answer:

$84,500

Explanation:

Data provided as per the question

Net income = $85,000

Depreciation expenses = $1,500

Accounts receivables = $3,000

Increase in accounts payable = $1,000

The computation of amount of cash provided by operating activities is given below:-

Amount of cash provided by operating activities = Net Income + Depreciation expenses - Accounts receivables + Increase in accounts payable

= $85,000 + $1,500 - $3,000 + $1,000

= $84,500

Therefore, for computing the Amount of cash provided by operating activities we simply applied the above formula.

5 0
3 years ago
Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric
kotykmax [81]

Answer:

Export

true

Explanation:

Because the price of meekers in meekertown is lower than the world price for meekers, meekers from meekertown are cheaper. so if free trade is allowed, other countries would want to purchase meekers from meekertown because it is cheaper.

So, meekertown would export meekers if free trade is allowed.

When a country is too small affect the world price, allowing for free trade will always increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.

this is so because if the country is efficient in production of a good (producing at a lower price when compared to the world price), export of the good would increase thus increasing producer surplus. if on the other hand, the country is inefficient in producing a good and the country allows for free trade, the country can import the good. this would increase consumer surplus.

4 0
3 years ago
A contract clause that restricts competition for a specified period of time, within a certain geographic area, and for specified
Lynna [10]

Answer:

Non-compete clause

Explanation:

Non-compete clause is a clause under which one party (usually an employee) accepts not to go into or start a similar profession or trade in competition against another party (usually the employer). Some courts call these "restrictive covenants".

6 0
3 years ago
Read 2 more answers
It is NOT ethical to refer clients: Group of answer choices when the client's issue is out of the counselor's scope of work. whe
Virty [35]

Answer:

Based solely on a difference of values between the counselor and the client.

Explanation:

Referral is defined as the situation were counselors make recommendations of where else a client might seek treatment. This can happen if counselors cannot accept the client for some reason or if the client's needs have changed. Something that must be said is that the reasons must be appropriate, and a difference in values is not.

3 0
3 years ago
International organizations prefer to rely on Blank______ for measuring the value produced in an economy.
Ilia_Sergeevich [38]

Answer:

I thinks it's gross national income

Explanation:

I am guessing

3 0
2 years ago
Other questions:
  • Which of the following is true regarding this economic model?
    13·1 answer
  • Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
    10·1 answer
  • Identify the correctly written compound sentences. check all that apply. success in the global market requires at least a basic
    7·1 answer
  • Jason’s company has always emphasized that every employee is an important part of the company’s success and does not highlight i
    13·1 answer
  • A sixminusmonthnote receivable for $ 9 comma 000at 14​%,dated October​ 1, 2020, has accrued interest revenue of​ ________ as of
    8·1 answer
  • Sanders Inc. has applied $567,988 of overhead to jobs. Actual overhead at the end of the year is $575,000. The adjustment for ov
    6·1 answer
  • Suppose the cost per hour incurred in operating a cruise ship is 3a + bv3 dollars per hour, where a and b are positive constants
    5·1 answer
  • . In the step-by-step deployment of MIS in a business, which (and why) of the following will you consider as a Foundation Step f
    10·1 answer
  • Avon was known as the company that sold cosmetics door-to-door for a long time. In order to grow and reach new markets it began
    11·1 answer
  • Please answer ASAP:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!