<span><span>Interest is...The amount owed for borrowing money.</span><span>Which payment type can help you stick to a budget?Debit cards</span><span>If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for?<span>Low APR</span></span></span>
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Answer:
d. $6.50
Explanation:
In this question, we apply the direct material price variance which is shown below:
Direct material price variance = Actual Quantity × (Standard Price - Actual Price)
$3,765 = 7,530 gallons × ($7 - actual price)
$3,765 ÷ 7,530 gallons = ($7 - actual price)
$0.5 = ($7 - actual price)
So, the actual price would be
= $7 - $0.5
= $6.50
All other information which is given is not relevant. Hence, ignored it
Answer:
$415,000
Explanation:
The movement between the opening and closing cash balances is as a result of the net cash flows from the operating, investing and financing activities. This are the basic elements of a cash flow statement.
Let the cash flow from operations for 2008 be T
$90,000 + T - $250,000 - $150,000 = $105,000
T = $105,000 + $250,000 + $150,000 - $90,000
T = $415,000
Upper Crust's cash flow from operations for 2008 is $415,000