Which answer is true? <br> A.Bankruptcy ruins you credit for years

A company uses sugar in producing its product. If the price of sugar doubles, which variance is directly impacted?A) Direct mate

Nastasia [14]

Answer:

B) Direct materials price variance

Explanation:

Company uses sugar while producing a product, that means it is a direct material for the product, further provided that cost gets doubled of buying a unit of sugar, that is actual rate is now twice of earlier rate.

Therefore since only direct material price variance uses actual rate it will be affected.

Direct Material Price Variance = (Standard Price - Actual Price) $\times$ Actual quantity.

Else labor variance does not use direct material price, therefore option C) and option D) are invalid further direct material quantity variance uses standard rate and no actual rate is used.

Therefore correct option is

D) Direct Material Price Variance

5 0

4 years ago

In conducting business, a firm and its owners have the right not to be subjected to?

Lisa [10]

In conducting business, a firm and its owners have the right not to be subjected to politically correct statements.

Businesses should be run ethically for many reasons. To maintain a good reputation. Retain existing customers and attract new ones. to avoid litigation. Reduce employee turnover. To avoid government interference. To please customers, employees, and society.

Business ethics is nothing but the application of ethics in business. Business ethics is the application of general ethics to business conduct. Ethical business conduct promotes and promotes the well-being of society, improves profitability, and enhances business relationships and employee productivity.

Social responsibility programs increase employee morale, lead to increased productivity, and impact company profitability. Companies that implement social responsibility initiatives can increase customer retention and loyalty.

Learn more about Business at

brainly.com/question/26106218

#SPJ4

4 0

1 year ago

Alexander Industries is considering a project that requires an investment in new equipment of $3,200,000, with an additional $16

Yakvenalex [24]

Answer:

The total cost is 3,360,000 and consiste of the proce of the new equipment plus the shipping and installtion cost. In contrast, Alexander's initial investment outlay are liabilities.

Explanation:

acquisition cost + shipping and installation cost = equipment value

3,200,000 + 160,000 = 3,360,000

The increase in liablities, will be that, liabilities, not cost, because is not associate with the equipment being ready to use. The equipment is ready to use, once is installed. so shipping and installment cost should be activated, not the accruals and account payable.

8 0

4 years ago

Robertson Corporation's inventory balance was $22,000 at the beginning of the year and $20,000 at the end. The inventory turnove

stich3 [128]

Answer:

$176,400

Explanation:

Step 1 : Cost of Sales calculation

inventory turnover ratio = Cost of sales ÷ average inventory

therefore,

Cost of sales = inventory turnover ratio x average inventory

= $126,000

Step 2 : Sales calculation

we know that :

Sales = Cost + Profit

140 % = 100 % + 40 %

therefore,

Sales = 140% / 100% x $126,000

= $176,400

thus,

net sales for the year is $176,400

4 0

3 years ago

The board of directors of Capstone Inc. declared a $0.80 per share cash dividend on its $2 par common stock. On the date of decl

Temka [501]

Answer:

Dividends: 13,600 Dividends Payable: 13,600

Explanation:

Dividends: 8,800Cash: 8,800

Dividends: 36,000Dividends Payable: 36,000

Dividends: 8,800Dividends Payable: 8,800

Dividends: 12,800Cash: 12,800

Share issued =21000

Shares in treasury stock = 4000

Outstanding shares = 21000-4000 = 17000

Dividend per share = $0.80

Total Dividend = 17000 x $0.8

Total Dividend = $13,600

Transaction will be as follows

Dr. Cr.

Dividend $13,600

Dividend Payable $13,600

Data is Inconsistent with the options. According to given information the Journal Entry will be as above.

6 0

3 years ago

Which answer is true? A.Bankruptcy ruins you credit for years