Answer:
$880 favorable
Explanation:
The computation of direct materials price variance for last month is shown below:-
Direct material price variance = Actual quantity × (Standard price - Actual price)
= 2,200 × ($8 - ($16,720 ÷ 2,200)
= 2,200 × ($8 - 7.6)
= 2,200 × $0.4
= $880 Favorable
Therefore for computing the direct materials price variance for last month we simply applied the above formula.
Answer:
thank u
<h2>stay safe healthy and happy.</h2>
Answer:
Question 1)
Decrease in money supply = Decrease in checking account / Required reserves ratio
Decrease in money supply = $25,000 / 0.05
Decrease in money supply = $500,000
NOTE: As per Answering Policy, first question is answered.
Explanation:
Question 1)
Decrease in money supply = Decrease in checking account / Required reserves ratio
Decrease in money supply = $25,000 / 0.05
Decrease in money supply = $500,000
NOTE: As per Answering Policy, first question is answered.
Answer:
The correct answer is "$136.44"
Explanation:
According to the question,
Total units will be:
= 
= 
Average cost will be:
= ![\frac{[(10\times 12)+(15\times 14)]}{29}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B%2810%5Ctimes%2012%29%2B%2815%5Ctimes%2014%29%5D%7D%7B29%7D)
= 
= 
= 
($)
hence,
The cost of sale will be:
= 
= 
= 
($)
