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tensa zangetsu [6.8K]
2 years ago
11

A company purchases and uses 40000 gallons of materials for which they paid $3 a gallon. The materials price variance was $90000

favorable. What is the standard price per gallon?
Business
1 answer:
iogann1982 [59]2 years ago
4 0

Answer:

the standard price per gallon is $5.25

Explanation:

the computation of the standard price per gallon is given below;

Materials Price Variance = Actual Quantity × (Standard Price - Actual Price)

$90,000 = 40,000 × (Standard Price - $3)

$2.25 = Standard Price - $3

Standard Price = $5.25

Hence, the standard price per gallon is $5.25

The same should be considered

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2 years ago
Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.
sergiy2304 [10]
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3 years ago
Kamath-Meier Corporation's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years,
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Answer:

$71.5

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7 0
2 years ago
Next Up Computer Company thinks it will make a splash with cartoon-themed laptop cover designs scheduled for release next year.
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Considering the situation described above, this effort is an example of using <u>image differentiation</u> to differentiate a product as new.

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Learn more here: brainly.com/question/14302620

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3 years ago
Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose th
laiz [17]

Answer:

Results are below.

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<u>First, we need to calculate the currently employed people and the unemployment rate:</u>

<u></u>

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