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Alexus [3.1K]
2 years ago
7

At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July sho

wed that actual maintenance costs totaled $13,680 and that the associated rate variance was $450 unfavorable. If 7,000 machine-hours were actually worked during July, the standard maintenance cost per machine-hour was:
Business
1 answer:
Pachacha [2.7K]2 years ago
7 0

Answer:

$1.89 per machine hour

Explanation:

With regards to the above information, we can say that since the associated rate variance is unfavorable, then, that amount must be subtracted from the actual maintenance cost so that we can arrive at the standard maintenance cost.

Standard maintenance cost = $ 13,680 - $450

= $13,230

Also, during July, 7,000 machine hours were actually worked , hence the standard machine maintenance cost per machine hour would be;

= $13,230 / 7,000

= $1.89

Therefore, the cost was $1.89 per machine hour.

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Which of the marks of good leadership do you feel is the most important? (Take your time)
Alinara [238K]

Answer: I would say communication and honesty

Explanation: I pick these to bc if you want something done you have to ask ppl around you if you don't know and being honest is trustworthy jus don't lie all the time ya feel. this is my reasons

7 0
3 years ago
When is owning a car a better option than leasing a car?
earnstyle [38]
You can sell it later. if you lease, you are paying money for someone else's car. say you can buy a car for 20thousand or lease for 1000 per month. after 20months, you would have paid the exact same amount, except if you bought the car, you now have an asset tht can be sold.
6 0
2 years ago
Principal Rate Time Interest Amount $ 720.00 6.00% 5 years a. $216.00 b. $936.00 720.00 6.00 5 months a. $18.00 b. $738.00 720.0
Komok [63]

Answer:

1- $216

2- $18

3- $0.59

4- $54

5- $10.77

Explanation:

1- If the investment lasts 5 years, with an interest of 6% and a principal of $ 720,00, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) x 5 = X

43,20 x 5 = X

216 = X

Therefore, after 5 years of investment, they will have earned $ 216 in interest.

2- If the investment lasts 5 months, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 12) x 5 = X

43.20 / 12 x 5 = X

3.6 x 5 = X

18 = X

Therefore, after 5 months of investment, they will have earned $ 18 in interest.

3- If the investment lasts 5 days, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 365) x 5 = X

43.20 / 365 x 5 = X

0.118 x 5 = X

0.59 = X

Therefore, after 5 days of investment, $ 0.59 in interest will have been earned.

4- If the investment lasts 15 months, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 12) x 15 = X

43.20 / 12 x 15 = X

3.6 x 15 = X

54 = X

Therefore, after 15 months of investment, they will have earned $ 54 in interest.

5- If the investment lasts 91 days, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 365) x 91 = X

43.20 / 365 x 91 = X

0.118 x 91 = X

10.77 = X

Therefore, after 91 days of investment, you will have earned $ 10.77 in interest.

8 0
3 years ago
Ellen Kelly Inc. had 31,300 shares of $.50 par common stock 10,000 shares of 5%, $20 par cumulative preferred stock and 5,000 sh
Serga [27]

Answer:

10,000 common stock.

The EPS = earnings per share = Earnings before tax divided by outstanding common stock in issue

4 0
3 years ago
According to the video, did the Federal Reserve pursue
zaharov [31]

Answer:

The Federal Reserve took an expansionary approach during the crisis. This was done by expanding the money supply and boosting liquidity. This can be seen in the Fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. The Fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

Explanation:

5 0
3 years ago
Read 2 more answers
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