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zimovet [89]
3 years ago
6

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of materi

al, $5.20 and standard costs for 4,470 pounds of material at $6.20 per pound. What is the direct materials quantity variance
Business
1 answer:
lutik1710 [3]3 years ago
5 0

Answer:

-4670 Favorable

Explanation:

actual- standard = variance

variance * actual lbs of material

5.2-6.2=-1*4670=-4670 Favorable

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If the demand for insulin is inelastic, an increase in insulin prices leads to
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Extent to which the demand<span> for a good changes when income changes.</span>
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3 years ago
The economic principle of ______ says that when there are two houses in the same neighborhood with the same size, appeal, and ut
Rina8888 [55]

The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.

<h3>The economic principle of substitution</h3>
  • According to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays.
  • A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.
  • According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases.
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To learn more about the economic principle of substitution refer to:

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4 0
2 years ago
The sales for​ January, February, and March are​ $150,000, $180,000 and​ $220,000, respectively. For any particular month of​ sa
Gekata [30.6K]

Answer:

Total cash= $193,000

Explanation:

Giving the following information:

Estimated sales ($):

January= $150,000

February= $180,000

March= $220,000

40% in cash from that same month of​ sales

50% in cash from the previous​ month's sales

10% in cash from the sales from two months ago

C<u>ash collection March:</u>

From March= 220,000*0.4= 88,000

From February= 180,000*0.5= 90,000

From January= 150,000*0.1= 15,000

Total cash= $193,000

3 0
3 years ago
It's a good idea to call a day or two in advance to confirm your appointment. <br> True <br> False
ki77a [65]

Answer:

true

Explanation:

5 0
2 years ago
At Rolce Technologies, the core design team of 10 employees has daily "stand-up" meetings. All the core design team members gath
4vir4ik [10]

Answer: rituals

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For example, an employee can eat lunch in the shared lunchroom rather than their desk as a form of habit, or spend five minutes after each meeting debriefing the team about what they learned.

Hence from the above we can conclude that the correct option is D.

8 0
3 years ago
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