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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

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Hailey files a discrimination charge against her company as it pays less wages to African American employees. The company demote
artcher [175]

Answer:

retaliation.

Explanation:

Title VII of hte Civil rights Act of 1964 prohibits discrimination at work based on race, color, ethnic origin, gender, religion, etc. What the company was doing was wrong, and the Equal Employment Opportunity Commission  (EEOC) should deal with this issue. But what they did to Hailey for complaining about the company's wrong deeds is twice as bad. The company not only keeps discriminating African American employees but also retaliates against Hailey for demanding something that is correct and legal.

4 0
3 years ago
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During 2018, its first year of operations, Pave Construction provides services on account of $152,000. By the end of 2018, cash
ASHA 777 [7]

The adjustment for noncollectable accounts on December 31, 2018:

Debit Bad Debts Expense $13,800

Credit Allowance for Doubtful Account $13,800

Explanation:

In Pave Construction, 2018 is the first year of operations. The company provides services on account of $152,000.

By the end of 2018, cash collections on these accounts total $106,000.

At the end of 2018, Accounts Receivable (the uncollected accounts) has debit balance of $46,000 ($152,000 - $106,000 = $46,000)

Pave estimates that 30% of the uncollected accounts will be bad debts

Bad Debts Expense = 30% x $46,000 = $13,800

The adjusting entry to record the bad debts expense will be:

Debit Bad Debts Expense $13,800

Credit Allowance for Doubtful Account $13,800

3 0
3 years ago
What is Keynesian model?
murzikaleks [220]

The Keynesian model is an economic theory developed by John Keynes to analyze the Great Depression in the 1930s. In this model, he advocated for increased government spending and lower taxes in an attempt to stimulate consumer demand to pull the economy out of the depression.

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According to the video, what do Financial Analysts analyze? Check all that apply.
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A-D

-financial records

-a company’s competitors

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<span>When the pizzeria makes 100 pizzas per day, it earns an economic incentive of 10% of sales from corporate. This is be cause corporate knows general advertising can only do so much. Local franchises need to take up some of the slack, post their own signs, and do some the legwork to get people in the door. If they can get at least 100 pizzas sold per day it's an obvious sign to corporate thay they must be putting in the extra effort. Extra effort means more money for corporate so they provide extra incentive to motivate the masses :)</span>
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3 years ago
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