1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A 401(k) account is very valuable because ______.
yulyashka [42]
A 401(k) gives you tax breaks, therefore I'd say A.
5 0
3 years ago
Read 2 more answers
Managers must have the tools and resources necessary to "steer" the organization through future unknown conditions and often thr
svlad2 [7]

The correct order is the following:

1.- Assess the current reality.

2.- Establish the mission and vision

3.- Formulate the grand strategy & strategic, tactical & operational plans

4.- Open choices for matching.

5.- Maintain strategic control.

Great leaders know that managers have to assess the current reality of the company, the competitors, and the economic situation of the company, as well as microeconomic and macroeconomic factors. Then, the strategic planning has to begin with the definitions of the mission and vision, as well as the values that will represent the moral "pillars" of the company. Then, it comes the formulating of goals, the strategies to reach the goals, followed by the tactics that will show the details on how to accomplish those goals.

4 0
3 years ago
What are three techniques stockholders can use to motivate managers to maximize their stock’s long-run price? Should managers fo
Romashka [77]

Answer:

Please see below.

Explanation:

a.

• Reasonable compensation package. Every stockholders would usually want a good return on their investments. One of the techniques that can be used by them is to offer good and reasonable compensation packages to the company's highly performing executives and managers. The aim is to spur them to act in the best interest of the stockholders and not themselves. This will also translate to better performance of the company.

• Firing of managers who don't perform well. If a company's stock is not performing well(does not appreciate), such would usually be tied to its board and managers. Stockholders are the owners of a company because their funds are being used to trade hence can threaten to replace or actually replace any manager who is not performing well. By so doing, the managers that are retained will be motivated to perform really well in order to retain their jobs hence translate to better company performance.

• Threat of hostile take over. Stockholders could also threaten a company's board of being taken over by a proven and well accomplished company , if their stock price does not improve overtime. When the managers or board realize that their job is being threatened, they will be motivated to act fast by ensuring that the company's stocks yield adequate return in the long run.

b.

What should be paramount to managers is how to ensure that their company's intrinsic stocks value(an estimate of the true value of a stock, that is premised on well calculated risk) are well maximized. The stockholders should also be carried along while this process is on going. By maximizing their stock's intrinsic value, such would bring about high value to the stocks, while as time goes on, the actual stock price will be much closer to the intrinsic value of the stocks.

6 0
3 years ago
Suppose that a decrease in the demand for goods and services pushes the economy into recession. What happens to the price level?
ohaa [14]
A decrease in aggregate demand causes the price level to fall. If the government takes no action to
counter this, then the actual price level will be below the price level that people expected.
Individuals will eventually correct their expectations of the price level. As they do so, prices and
wages will adjust accordingly, shifting the aggregate supply curve to the right (down). For example
if wages are sticky, in light of the lower price level, firms and workers will eventually make bargains
for lower nominal wages. The reduction in wages lowers costs of production, so firms are willing to
7 0
3 years ago
For the year, Wilson Manufacturing, Inc. increased its current assets by $62,000, decreased its current liabilities by $55,000,
Oksana_A [137]

Answer:

investment cash flow is $19,000

Explanation:

given data

current assets = $62,000

current liabilities = $55,000

fixed assets = $19,000

to find out

investment cash flow for the year

solution

as we know that cash flows increase or decrease as the result of change in the fixed assets is consider to be cash flows by investment activities

and Changes in working capital cash flow is operating cash flows not investment cash flows

so we can say that

investment cash flow is $19,000

8 0
2 years ago
Other questions:
  • The primary purpose of protective covenants is to help:
    5·1 answer
  • How much of gordon's social security is taxable?
    10·1 answer
  • If interest rates fall and the yield to maturity decreases by? 0.8%, what will happen to the price of the? bond
    11·1 answer
  • Marcie conducted a study of the cost of breakfast cereal. She recorded the costs of several boxes of cereal. However, she neglec
    8·1 answer
  • Max is looking to expand his American custom tie manufacturing business in Dallas, Texas, overseas. He has found an organization
    8·1 answer
  • Dupont has an advertisement that shows police officers describing how they were shot at close range in the line of duty. the adv
    9·1 answer
  • On January 1, 20X2, X Company made modifications to an asset used in its manufacturing operations in order to extend its useful
    10·1 answer
  • Arturo is a partner in a firm that specializes in producing vitamins and health food products. While the business is considered
    6·1 answer
  • Grace is a self-employed artist. She can make 20 pieces of pottery per week. She is considering hiring her sister Kate to work f
    10·1 answer
  • 1. Which item is considered a retail product?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!