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3 years ago

Read the scenario.

Business

2 answers:

Lorico [155]3 years ago

7 0

Answer:

Using credit will cost Bill more money overtime

Using credit may tempt Bill to but more than he can afford .

Explanation:

Buying in credit is an act of paying for purchased goods in a future date.This can be done through so many media but the most popular among them is the use of credit cards. The prices for credit sales mostly come with premium.

Buying in credit has so many disadvantages. Some of them are

Spending more on an item : By the time the charged interest are factored into the purchase price , the buyer ends up spending more.

Temptation to buy more : Buying on credit may tempt buyer to buy more than he budgeted on even needs considering the opportunity of buying to pay at a later date.

amm18123 years ago

3 0

Answer:

Using credit will cost Bill more money over time.

Using credit may tempt Bill to buy more than he can afford.

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What are some advantages of students being exposed to computer software? (as it relates to Accounting)

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Answer:

There are many advantages in students being exposed to accounting softwares.

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Explanation:

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3 years ago

Read 2 more answers

A zero-sum situation is a situation in which individuals are so linked together that there is a positive correlation between the

pashok25 [27]

The answer is "false"

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2 years ago

In the United States, ownership of intellectual property rights is established by "prior use versus registration" which implies

timurjin [86]

Answer:

D. prove the ownership of a trademark in a court of law

Explanation:

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3 years ago

Lagyan ng angkop na bilang ang

Liono4ka [1.6K]

Answer:

which language is this? or is it just nonsense?

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3 years ago

Total Materials VarianceKrumple Inc. produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.7 oun

Nataliya [291]

Answer:

The correct answer for Price variance is $37,500( unfavorable) and for Usage variance is $19,200 ( Favorable).

Explanation:

According to the scenario, the given data are as follows:

Actual quantity = 1,875,000 ounces

Standard rate = $0.08 per ounce

Actual rate = $0.10 per ounce

Standard quantity = 4,50,000 × 4.7 = 2,115,000 ounces

So, Direct material price variance = Actual quantity × ( Standard rate - Actual rate )

= 1,875,000 × ( 0.08 - 0.10 )

= - $37,500 ( Negative shows Unfavorable)

and Direct material usage variance = standard rate per unit × (standard quantity - actual quantity)

= $0.08 ( 2,115,000 - 1,875,000)

= 19,200 ( Positive shows Favorable)

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3 years ago