Answer:
Direct material quantity variance= $4.9 unfavorable
Explanation:
Giving the following information:
Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb.
They made 100 burgers this week, and used 52 lbs of meat.
To calculate the direct material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Standard quantity= 0.5*100= 50
Direct material quantity variance= (50 - 52)*2.45
Direct material quantity variance= $4.9 unfavorable
Answer:
The correct answer is $18.5 million.
Explanation:
According to the scenario, the computation of the given data are as follows:
we can calculate the cash flow from financing activities by using following formula:
Cash flow from financing activities = Issue of common stock - Purchase of treasury stock
By putting the value, we get
Cash flow from financing activities = $39.0 million - $20.5 million
= $18.5 million
The answer is Active asset management
The portfolio management technique that uses a market index as a performance benchmark that the asset manager must exceed is called Active asset management.
What is active asset management?
- Active asset management includes analyzing advertise patterns, financial and political information, and company particular news.
- After analyzing these sorts of information, dynamic financial specialists buy or offer resources.
- Dynamic supervisors point to produce more prominent returns than support supervisors who reflect the possessions of securities recorded on an file.
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Answer:
e. The partner with a deficlt balance contributes personal assets only If those personal assets exceed personal lablties.
Explanation:
The Uniform Partnership Act is a provision that resolves conflicts in a partnership that is not addressed in the partnership agreement.
The Act is used mostly with small and informal partnerships.
It has been adopted in all states except Louisiana.
Partners must settle their debts in order to redeem their interest in the partnership.
UPA provides that partner with deficit contributes personal assets only If those personal assets exceed personal liabilities.
Answer: $0
Explanation:
From the question, we are informed that Nick and Katelyn paid $1,600 and $2,100 in qualifying expenses for their two daughters, Nicole and Naomi, respectively, to attend the University of Nevada and that Nicole is a sophomore and Naomi is a freshman.
We are further told that Nick and Katelyn's AGI is $202,000. Based on the above scenario, their allowable American opportunity tax credit will be $0. This is because when AGI is more than $180,000 for such taxpayers, the credit is being phased out.
