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Lilit [14]
3 years ago
9

Doogan Corporation makes a product with the following standard costs:

Business
1 answer:
AveGali [126]3 years ago
4 0

Answer:

Direct material quantity variance= $2,170 unfavorable

Explanation:

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*5,000 - 10,310)*7

Direct material quantity variance= $2,170 unfavorable

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Last year, Joan bought 50 pounds of hamburger when her household’s income was $40,000. This year, her household income was only
Norma-Jean [14]

Answer:

a. positive, so Joan considers hamburger to be an inferior good.

Explanation:

Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P

The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.

▲ Q = (60 -50/60) = 0,16

▲ Q = (40.000 - 30.000/40.000) = 0,25

Elasticity = ▲ Q / ▲ P  = 0,16/0,25 = 0,64

Therefore, the elasticity is positive.

This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.

8 0
3 years ago
In the past, I've mostly reported to easy-going managers with flexible work styles.
Sonbull [250]
<span>Work places with flexible working styles make the working conditions feel more at ease and can bring the best out of the workers. When those workers change positions and have to face new working conditions it can be very difficult to adjust. In the case of the context of the question, the interviewee was most likely telling the a human resource personnel about the working conditions of his or her previous place of work.</span>
5 0
4 years ago
Your newest coworker is not as productive as other members of your team. You and your coworkers have to work harder to make up f
BaLLatris [955]

Answer:

The correct answer would be option C.

Explanation:

If there is a new co worker hired in my office, and its her beginning days, and I, along with other team members see that she is not as productive as other members of the team are, and we all have to work more and harder to make up for her work. So i would preferably give her advice and tips for how to get things done correctly and efficiently. I would not like to get her out of the office, rather i will try to make her understand the things as soon as possible and give her tips to increase her work efficiency. But if the problem continues, and I believe that she will not be able to cope up with us, then i will talk to the supervisor and suggest him that she might not be the best role for us. But i will go with option C.

6 0
3 years ago
Read 2 more answers
Wiley's Wire Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note
madreJ [45]

Answer:

e. 13.50%

Explanation:

WACC                11.00%

Year                        0              1                  2                   3  

Cash flows          $800        $350           $350          $350

Compounded-

values, FVs        $431.24     $388.50     $350.00

TV = Sum of compounded inflows: $1,169.74

MIRR = 13.50% Found as discount rate that equates PV of TV to cost, discounted back 3 years @ WACCMIRR= 13.50%.

4 0
3 years ago
Which term describes what a manufacturer spends for goods or services?
Hoochie [10]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Cost is a <span>term describes what a manufacturer spends for goods or services.

</span>In production, research, retail, and accounting, a cost<span> is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the </span>cost<span> may be one of acquisition, in which case the amount of money expended to acquire it is counted as </span>cost<span>.</span>
4 0
4 years ago
Read 2 more answers
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