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
Dovator [93]
3 years ago
9

The actual cost of direct materials is​ $47.50 per pound. The standard cost per pound is​ $51.75. During the current​ period, 7,

200 pounds were used in production. The standard quantity for actual units produced is​ 7,100 pounds. How much is the direct materials price​ variance? A. ​$30,600 favorable B. ​$30,600 unfavorable C. ​$30,175 favorable D. ​$30,175 unfavorable
Business
1 answer:
denis-greek [22]3 years ago
6 0

Answer:

A. ​$30,600 favorable

Explanation:

The computation of the direct material price variance is shown below:

Direct Materials Price Variance = Actual quantity used × (Actual Cost - Standard Cost)

= 7,200 pounds ×($47.50 per pound - $51.75 per pound)

= $30,600 Favorable

Hence, the  direct material price variance is $30,60 favorable

So the same should be considered

You might be interested in
Folsom Fashions sells a line of women's dresses. The company uses flexible budgets to analyze its performances. The firm's perfo
Svetlanka [38]

Answer is below in attachment

Download docx
8 0
3 years ago
Wich type of promotion do many people consider more credible because it is less biased?
muminat

Sales promotion and direct marketing are the two promotional methods consumers convince themselves that it is not unfair.

5 0
3 years ago
an accounting firm collected cash on account. as a result of this​ transaction, total​ assets, liabilities, and equity are all u
musickatia [10]

TRUE, an accounting firm collected cash on account. as a result of this​ transaction, total​ assets, liabilities, and equity are all unchanged.

A legal entity is a for-profit business organization that provides professional services, such as a corporation, limited liability company (LLC), or partnership.

A firm can be a company. B. A consumer goods store that offers physical products. It can also represent a service provider such as a hairdresser. The term company can refer to any for-profit business, but it is often used to describe businesses in specific industries such as law or accounting.

Companies are all kinds of businesses. Examples of companies include sole proprietorships, partnerships, limited liability companies, and corporations. The term is more commonly associated with partnerships.

Learn more about firm here:brainly.com/question/25491204
#SPJ4

6 0
2 years ago
Which of the following is true about organizational culture? The strength of an organization's culture refers to how widely and
Komok [63]

Answer:

The strength of an organization's culture refers to how widely and deeply employees hold the company's dominant values and assumptions

Explanation:

The culture of an organization shows the working culture of the organization. It consists of duties, responsibilities, beliefs,values, ethics, policy, procedures that are to be followed by the all employees in the organization. There should be a good working culture so that everyone gots motivated so that they perform their task better  

Therefore according to the situation the option is A as it refers to the culture of the organization that understands that how broadly needs to understand the employees so that we can improve the profit of the organization by taking care of beliefs and values.

7 0
3 years ago
Describe at least two advantages a large company has over a smaller company.
Norma-Jean [14]
2 advantages a large company would have over a smaller company is, the large company would have more business then the smaller company. Another advantage is maybe their products.
5 0
3 years ago
Other questions:
  • Weir inc.'s perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. if the company were to s
    12·1 answer
  • The Hill Company reported the following results:
    5·1 answer
  • Which of the following formulas is used to calculate the materials price variance? a.(Actual Price × Actual Quantity) – (Standar
    9·1 answer
  • Windsor could borrow $108,100 from its bank to finance the purchase at an annual rate of 11%. Click here to view factor tables S
    5·1 answer
  • Typically,entrepreneurs don't like to be told what i do because
    6·1 answer
  • Consider Frank’s decision to go to college. If he goes to college, he will spend $21,000 on tuition, $1,800 on books, and $11,
    14·1 answer
  • Amber, a district manager for a large restaurant chain, is comparing the goals of her restaurants with recent sales. She knows t
    12·1 answer
  • Granfield Company has a piece of manufacturing equipment with a book value of $44,500 and a remaining useful life of four years.
    15·1 answer
  • 8. Problems and Applications Q8 Social Security benefits are increased each year in proportion to the increase in the CPI, even
    8·1 answer
  • During which stage of team development is there a high dependence on the leader for guidance and direction as there will be litt
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!