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KATRIN_1 [288]
3 years ago
9

An unfavorable materials quantity variance indicates that: Garrison 16e Rechecks 2017-08-17 Multiple Choice

Business
1 answer:
Whitepunk [10]3 years ago
6 0

Answer:

Actual usage of material exceeds the standard material allowed for output.

Explanation:

<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is greater or less than the standard material allowed.</em>

<em>It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price</em>

An unfavorable materials quantity occurs when the actual quantity used to achieved a given level of output is greater than the standard material allowed.

<em>It is might be an indication of wastage in the usage of materials or inefficiencies.</em>

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In​ 2018, Walmart reported sales of​ $500.3 billion, gross profits of​ $126.9 billion, EBIT of​ $20.4 billion, and net income of
Zina [86]

Answer:

$373.4

Explanation:

The cost of goods sold are the costs associated with the carrying value of the goods that were sold. In other words, it refers to the costs of the merchandise, the direct labor, the direct materials, and any other type of allocated overhead to the good.

When the cost of goods sold is substracted for sales revenue, we obtained the gross profits. Therefore, to find the answer, we simply write the following equation and solve:

Sales Revenue - Cost of Goods Sold = Gross Profits

500.3 - X = 126.9

500.3 - X - 500.3 = 126.9 - 500.3

-X = -373.4

Dividing each side by -1 we finally obtain:

X = 373.4

4 0
4 years ago
A strip footing is generally used under a
Genrish500 [490]

Answer:

b) Wall

Explanation:

Wall Footing or Strip footing. This type is used to distribute loads of structural or non- structural load-bearing walls to the ground in such a way that the load-bearing limit of the soil isn't outperformed. It runs along the direction of the wall.

5 0
4 years ago
Read 2 more answers
) Saffron Foods sells jars of special spices used in Spanish cooking. The variable cost is $2 per unit. Fixed costs are $9,000,0
olga nikolaevna [1]

Answer:

C. $4.20

Explanation:

The computation is shown below:

Before that we need to do following calculations

Total costs to be incurred  is

= ($2 × 5,000,000 units) + $9,000,000

= $19,000,000

Now

Required return is

= $40,000,000 ×  5%

= $2,000,000

So,

Sales price per unit is

= (Total cost incurred + required return) ÷ number of unit sold

= ($19,000,000 + 2,000,000) ÷ 5,000,000 units  

= $4.20

6 0
3 years ago
Which of the following entries correctly reflects the entry for recording the wages of all factory workers?
Ad libitum [116K]

Answer; b. Work in Process Inventory Manufacturing Overhead Wages Payable

Explanation;

Factor workers are considered to be directly related to the production of the good. As a result, the wages paid to them are added to the inventories produced to show that they are part of the cost of the goods produced. Their wages will therefore be debited to Work in Process Inventory.

The wages will then be credited to the Manufacturing Overhead Wages Payable as this is the liability account that deals with wages owed to people working in the factory.

5 0
3 years ago
baird purchased a landlocked tract from carr on the condition that carr grant baird an easement across carr's property to a road
gtnhenbr [62]

Dole has a legal right of way through Carr's property because the easement follows the land and not the owner.

The Indian Easements Act of 1882's Section 4 defines the term "easement." According to Section 4's guidelines, an easement right is a privilege that a landowner or occupier has over another piece of property that is not his own and that is intended to allow for the beneficial use of the property. Because an occupier or owner cannot completely enjoy his own property without this privilege, it is allowed. It also includes the right to take action or continue to take action in relation to or with regard to some other land, other than his own, for the pleasure of his own land.

To learn more about Easement across property here

brainly.com/question/14100294

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5 0
2 years ago
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