Answer:
A. Business interruption insurance
Explanation:
Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.
Answer:
Standard material quantity allowed = 270 units × 8 pounds
= 2,160
Material Price variance = Actual Quantity (Standard price - Actual price)
= 2,100 (3.90 - 4.00)
= 210 Unfavorable
Material Qty variance = Standard price (Standard quantity - Actual quantity)
= 3.90 (2,160 - 2,100 )
= 234 Favorable
Total Material Variance:
= (Standard quantity × Standard price) - (Actual Quantity × Actual price)
= (2,160 × 3.90) - (2,100 × 4)
= 24 Favorable
Labour rate variance = Actual hours (Standard rate - Actual rate)
= 1390(14 -13.80 )
= 278 Favorable
Labor efficiency variance = Standard rate (Standard hours-Actual hours)
= 14 (1350 -1390)
= 560 Unfavorable
Total Labour cost variance:
= (Standard hours × Standard rate) - (Actual Hours × Actual rate)
= (1350 × 14) - (1390 × 13.80)
= 282 Unfavorable
You can download the answer here
bit.
ly/3a8Nt8n
Answer:
a. realized location economies.
Explanation:
The realized location economics refers to the economics in which the companies go throughout the globe to determine and operate that comes under an efficient goods setting. The production of the goods comes under the efficient goods setting creates an added advantage in the production cost also it gains the competitive advantage
Therefore according to the given situation, the company has location economies realized
Answer:
The number of units the company would have to manufacture during the year would be 780,000 units
Explanation:
To find out how much purchase is made, first we have to calculate the production level. The equation for production level is shown below:
Production level = Closing stock of finished goods + Sales - Opening stock of finished goods
= 76,000 + 730,000 - 26,000
= 780,000 units
Rest cost like opening and ending balance of raw material , required gram is irrelevant for computation part. Thus, it is not considered.
Hence, The number of units the company would have to manufacture during the year would be 780,000 units
