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Yuri [45]
3 years ago
13

XYZ Corporation manufactures orange safety suits for road workers. The following information relates to the corporation's purcha

ses and use of material for April: Material purchased 12,000 yards Material used in production 10,000 yards Standard material allowed for suits produced 10,800 yards The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favorable. What does the company use as a standard price per yard of material for its safety suits
Business
1 answer:
Sholpan [36]3 years ago
7 0

Answer:

$6.25 per yard

Explanation:

The computation of the standard price per yard of material for its safety suits is shown below:

Material quantity variance = Standard Price × (Actual quantity - Standard quantity)

-$5,000 = Standard price × (10,000 - 10,800)    

Standard price  = -$5,000 ÷ (-800)  

= $6.25 per yard

Hence, the standard price per yard of material for its safety suits is $6.25 per yard

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Answer:

(D) Provide this individual with feedback more often. Debrief with him to ensure that the feedback is being accepted.

Explanation:

The reason for choosing this option is to help him learn and adjust to the feedback rich environment. If he is not hinted and left to adjust, he might not ever get used to the new environment and will feel that he can be an exception.

By giving him feedback more often and briefing him after it, will make sure that he is not offended and that he understands the intent and focus of the feedback which is purely professional.

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3 years ago
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Answer:

Use the same estimations and computations as accounts receivable to determine cash realizable value.

Explanation:

Notes receivable is a balance sheet item, that records the value of promissory notes that a business is owed and has the right receive payment for.

Short term notes receivable are due within a period of one year from the balance sheet date and are catergorised under current assets in the balance sheet.

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The answer is 0.0005
7 0
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