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o-na [289]
3 years ago
10

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200 gallons of direct materials that a

ctually cost $45140 were used to produce 7200 units of product. The direct materials quantity variance for last month was $8800 favorable. $8800 unfavorable. $6100 unfavorable. $6600 favorable.
Business
1 answer:
Anika [276]3 years ago
8 0

Answer:

$8,800 favourable

Explanation:

The computation of direct material quantity variance is seen below;

= Standard price × ( Standard quantity - Actual quantity)

= $4 × [(2 gallons × 7,200 units) - 12,200 gallons)

= $4 (14,400 gallons - 12,200 gallons)

= $4 × 2,200 gallons

= $8,800 favorable

Therefore, the direct materials quantity variance for last month is $8,800 favourable

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Answer:

When marginal cost meet with the demand curve

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The government will also have to look for the marginal revenue at this point to determinate wheter or not to subsidize the monopoly or not to avoid going bankruptcy

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True or false: Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction a
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The above assertion is true.

True: Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product

  • True

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7 0
3 years ago
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user100 [1]

Answer: 4.10%

Explanation:

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3 years ago
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Answer:

c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows

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