1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lakkis [162]
2 years ago
9

Alpha Company manufactures Product P and sells it in packs of 10 units. The actual results for the first week in January are as

follows: Actual production 25,000 packs of Product P Actual cost of raw material Q 95,500 units at $0.85 Actual cost of labor 500 hours at $6.25 Standard quantity of raw material 96,000 units for 25,000 units of Product P Standard price of raw material Q $0.77 Calculate the total material variance for Product P for the first week in January
Business
1 answer:
kaheart [24]2 years ago
3 0

Answer:67500

The right solution is "13,675 U".

Explanation:

According to the question,

The standard material cost will be:

= 25000\times (\frac{90000}{30000} )\times 0.90

= 25000\times 30000\times 0.90

= 67,500

The actual material cost will be:

= 95500\times 0.85

= 81,175

hence,

The total material price variance will be:

= Actual \ cost - Standard \ cost

= 81175-67500

= $13,675 (Unfavorable)

You might be interested in
Before beginning to compose a successful business message, you need to collect necessary information by conducting informal or f
ANEK [815]

Answer:

Before forming your message you ought to consider what the recipient of the message has to know, what move the beneficiary should make subsequent to accepting your message, how the collector should make a move and when, and what will occur if the collector doesn't make a move.  

By asking yourself these inquiries, you will have the option to foresee the exploration essential for the effective creation of your message.  

Long reports and complex business issues regularly require formal research strategies.  

Think about the accompanying situation and recognize which formal research technique would be proper.  

Your division has been approached to order a suggestion at the cost point for a creative programming application. You have to realize how a lot of clients will pay and under what conditions.  

  • Lead a logical investigation.  
  • Access conventional sources and electronic sources.  
  • Lead essential research for firsthand data.
5 0
2 years ago
Read 2 more answers
A firm’s current profits are $ 400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent.
horrorfan [7]

Answer:

$20,800,000

Explanation:

The formula and computation is shown below:

Value of the firm = {(Firm's current profits) × (1 + firm’s opportunity cost of funds)} ÷ (firm’s opportunity cost of funds - constant growth annual rate)

= {($400,000) × (1 + 0.06) ÷ (0.06 - 0.04)

= $424,000 ÷ 0.02

= $21,200,000

Hence, we recognized all the information which is mentioned in the question.  

6 0
3 years ago
What is the difference between a shortage and scarcity?
velikii [3]
<span>The difference between scarcity an shortage is that a scarcity is something that occurs naturally due to limitations on the resources that have no way to be replenished. A shortage comes from a condition in the market when a certain good is set at a certain price. So the correct answer is B.</span>
7 0
2 years ago
Read 2 more answers
When the price of a good rises, consumers tend to purchase less of it and buy a relatively less expensive good. This behavior cr
Anna35 [415]

Answer:substitution

Explanation:The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.

when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives.

7 0
3 years ago
30 points please help!
WINSTONCH [101]

Answer:

B.

Explanation:

Social Security is Payroll Tax.

3 0
3 years ago
Other questions:
  • Using Exhibit 2–6, Typical After-Tax Budget Allocations for Different Life Situations, calculate the budget allocations for Jami
    5·1 answer
  • Erp is software designed for _____ and ______ business processes.
    7·1 answer
  • Employers prefer to review a _____ resume when trying to find which candidate has the specific skills necessary for a designated
    5·1 answer
  • Kevin noticed that Derek, an automotive technician at his repair shop, was getting bored of repeatedly performing the lone task
    8·1 answer
  • 10. Which of the following occurrences is the key explanation for the high economic growth in the United States in the past cent
    11·1 answer
  • Topper Corporation has 60,000 shares of $1 par value common stock and 16,000 shares of cumulative 7%, $100 par preferred stock o
    5·1 answer
  • An organization's mission statement is described as not ruling out any opportunity management might wish to pursue. This mission
    8·1 answer
  • A Metro City ordinance imposes a jail term, without a trial, on all vendors who operate in certain areas. A court would likely r
    15·1 answer
  • An appraiser is trying to find the value of a piece of property. He looks at the land first and figures its value, and then he d
    8·1 answer
  • Differentiate between a bond coupon rate and the market rate of interest.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!