All categories

3 years ago

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>

You might be interested in

The general increase in prices over time we pay for good and services is known as inflation. question 5 options: true false

Gala2k [10]

It is true that the general increase in prices over time we pay for goods and services is known as inflation.

<h3>What is inflation?</h3>

Inflation is the term used to describe an increase in the price of goods and services that households buy. It is determined by how quickly these prices fluctuate. Prices frequently rise with time, but they can also fall (a situation called deflation).

The main categories of inflation are as follows:

Demand-pull inflation: It explains how rising prices for products and services can result from increased demand. People will typically pay more for something if there is a shortage of it.

Cost-push inflation: When demand-pull inflation is active, it frequently starts up. Businesses must raise their pricing as a result of rising raw material costs, regardless of market demand.

Built-in inflation: Employees may start requesting pay increases from their employers as demand-pull inflation and cost-push inflation take place. Employers risk experiencing a labor scarcity if they don't keep their pay competitive.

Built-in inflation occurs when a company increases employee wages or salaries while also trying to maintain profit margins by boosting prices.

To know more about inflation, visit:

brainly.com/question/28190771

#SPJ4

8 0

2 years ago

Garth was amazed to hear that his friend Lindsey always pays off her credit card balance each month. Garth just assumed that eve

vampirchik [111]

Answer:

Garth is a "REVOLVER "

Explanation:

Garth is a "Revolver" type of credit user, because he doesn't pay up the monthly payments on his card in full and on time, instead he carries debts over to the other months by paying in monthly installments

Based on the type of credit user Garth is, when picking up a credit card Garth should consider going for credit cards with low interest rate/APR charges and a longer grace period as well.

4 0

3 years ago

In a climatological sense, dryness is a function of both annual rainfall and ________.

Talja [164]

Answer:

evaporation

Explanation:

In a climatological sense, dryness is a function of both annual rainfall and evaporation.

7 0

1 year ago

Stylist Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been

fiasKO [112]

Answer:

Stylist Services Co.

July31

Debit Fees Earned 618,200

Credit Wages Expense388,400

Credit Rent Expense60,000

Credit Supplies Expense19,500

Credit Miscellaneous Expense 6,150

Credit Marlena Fenton, Capital 144,150

July 31

Debit Marlena Fenton, Capital75,000

Credit Marlena Fenton, Drawing 75,000

Explanation:

Calculation of Marlena Fenton, Capital

Fees Earned 618,200

Less Wages Expense (388,400)

Less Rent Expense (60,000)

Less Supplies Expense (19,500)

Less Miscellaneous Expense ( 6,150)

= Marlena Fenton, Capital 144,150

3 0

3 years ago

Pineway grocery stores receive a fee from a soft drink manufacturer for setting up a special display. pineway receives a(n) ____

galina1969 [7]

<span>Slotting allowance. A slotting fee, slotting allowance, pay-to-stay, or fixed trade spending is a fee charged to produce companies or manufacturers by supermarket distributors (retailers) in order to have their product placed on their shelves.</span>

4 0

3 years ago