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Pani-rosa [81]
2 years ago
5

Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Stan

dard Cost Per Unit Direct materials 7.6 ounces $ 4.00 per ounce $ 30.40 Direct labor 0.7 hours $ 10.00 per hour $ 7.00 Variable overhead 0.7 hours $ 9.00 per hour $ 6.30 The company reported the following results concerning this product in June. Originally budgeted output 3,000 units Actual output 2,600 units Raw materials used in production 16,300 ounces Purchases of raw materials 17,400 ounces Actual direct labor-hours 3,500 hours Actual cost of raw materials purchases $ 45,000 Actual direct labor cost $ 13,000 Actual variable overhead cost $ 3,500 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for June is:
Business
1 answer:
Georgia [21]2 years ago
3 0

Answer:

Direct material price variance= $24,603.6 favorable

Explanation:

Giving the following information:

Direct materials 7.6 ounces $4.00 per ounce

Purchases of raw materials 17,400 ounces

Actual cost of raw materials purchases $45,000

<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= (4 - 2.586)*17,400

Direct material price variance= $24,603.6 favorable

Actual price= 45,000/17,400= $2.586

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Korolek [52]

Answer:

The answer is C. Driven piles.

Explanation:

Driven piles, in construction, are used in the building of foundations and they are also used to provide support for structures. This is evident in transferring their load to layers of soil or rock which possess the bearing capacity that is sufficient and also suitable settlement characteristics.

Driven piles are also used in the support of the following structures:

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Driven piles are the most cost-effective solution for deep foundation.

3 0
2 years ago
Macroeconomics deals with the short-run variations in economic growth that make up the business.
madam [21]

Macroeconomics deals with the short-run variations in economic growth that make up the business cycle

This is further explained below.

<h3>What is Macroeconomics?</h3>

Generally,  The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.

The increase of economic activity is followed by periods of contraction, which together make up a business cycle.

These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.

Business cycles are a sort of variation that may be observed in the overall economic activity of a country.

A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.

In conclusion, The business cycle is the primary focus of macroeconomics, which analyzes the short-term fluctuations in economic growth that occur throughout it.

Read more about  Macroeconomics

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5 0
1 year ago
Identify the type of costs that would be considered incremental cost for a decision to close stores. (You may select more than o
Gemiola [76]

The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.

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Learn more about costs on:

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6 0
2 years ago
The total utility from consuming five donuts is 9, 19, 30, 38, and 45 utils, respectively. Marginal utility begins to diminish a
Sonja [21]

Answer:

third

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The utility for consuming the second donut is the difference from the total utility for the first two and just the first donut.

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Since the utility for the 4th donut is less than the utility for the 3rd donut, utility begins to diminish after consuming the third donut.

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3 years ago
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