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Zina [86]
3 years ago
7

Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,

500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials quantity variance?
a. $400 unfavorable.
b. $450 unfavorable.
c. $2,500 unfavorable.
d. $2,550 unfavorable.
e. $2,950 unfavorable.
Business
1 answer:
ASHA 777 [7]3 years ago
4 0

Answer:

e. $2,950 unfavorable

Explanation:

Since the units are the same, then we will work with the costs and pounds.

Standard

4,000 pounds × $5 per pounds

(4,000 × $5) = $20,000

Actual

4,500 pounds x costs per pound $5.10

(4,500 × $5.10) = $22,950

Therefore,

Standard - Actual

$20,000 - $22,950 = $2,950

Therefore, the direct materials quantity variance is $2,950 unfavorable since actual cost of materials expended is more that the standard cost of materials.

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Winnebagel Corporation currently sells 28,000 motor homes per year at $84,000 each and 7,000 luxury coaches per year at $135,000
MissTica

Answer:

$825,050,000

Explanation:

Calculation to determine the amount to use as the annual sales when evaluating this project

First step is to calculate the new product line sales

New product line sales =29,000*$24,700

New product line sales = $716,300,000

Second step is to calculate Increased sales of the motor home line

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Third step is to calculate the loss in sales

Loss in sales=750*$135,000

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Now let calculate the amount to use as the annual sales when evaluating this project

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Net sales = $825,050,000

Therefore the amount to use as the annual sales when evaluating this project is $825,050,000

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3 years ago
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Answer:

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total interest expense per year = $106,200

total interest expense for the 5 year period = $106,200 x 5 years = <u>$531,000</u>

<u />

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Answer:

b. that they agreed to purchase.

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A minor is a person who is under the age of 18 and unable to make decision on his own such as mentally impaired or incompetent persons .

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Markets are driven by self - interest.<br><br> A. True<br><br> C. False
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