Answer:
Direct material price variance= $2,500 favorable
Explanation:
Giving the following information:
The standards for each cap allow 2.00 yards of soft for $2.00 per yard. During January, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2 - 2.1)*25,000
Direct material price variance= $2,500 favorable
I think at least 3-4
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Answer:
236.23
Explanation:
The computation of X is shown below:-
As per the time-weighted method
The 6-month yield
= (40 ÷ 50) × (80 ÷ 60) × (157.50 ÷ 160) - 1
= 5%
Annual equivalent = (1.05)^2 - 1
= 10.25%
1 - year yield = (40 ÷ 50) × (80 ÷ 60) × (175 ÷ 160) × (X ÷ 250) - 1
= 0.1025
X(0.004667) = 1.1025
X = 236.23
Therefore on December 31st the value of account of X = 236.25
It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action.
<h3>What is
differential costs?</h3>
Differential cost serves as the difference between the cost of alternative decisions.
Therefore, It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action and the cost do take place when a business have several similar options,
Learn more about differential costs, at
brainly.com/question/25799822
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