All categories

3 years ago

Winston Co. had two products code named X and Y. The firm had the following budget for August:

Business

1 answer:

xenn [34]3 years ago

5 0

Answer:

a. $90,000 favorable

Explanation:

Calculation for what The selling price variance for Product Y is

First step is to calculate the Actual price

Actual price:M=$540,000 ÷ 9,000

Actual price= $60

Now let calculate the selling price variance

Selling price variance=($60 - $50) × 9,000

Selling price variance=$10×9,000

Selling price variance=$90,000 favorable

Therefore The selling price variance for Product Y is $90,000 favorable

You might be interested in

A company purchased $2,600 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $600 worth of merchandise. On

mamaluj [8]

Answer:

No options presented but the entry below should be right.

$2,600 worth of merchandise was purchased but $600 was returned so Net accounts receivable:

= 2,600 - 600

= $2,000

Company paid the full amount on July 12 which is within the 10 days required for a discount so they get a 3% discount:

= 2,000 * ( 1 - 3%)

= $‭1,940‬

Date Account details Debit Credit

July 12 Accounts Payable $2,000

Cash $1,940

Merchandise inventory $60

4 0

2 years ago

West company declared a $0.50 per share cash dividend. the company has 190,000 shares issued, and 10,000 shares in treasury stoc

Damm [24]

To record the dividend declaration
Ordinary Share Capital $90000
Dividend Payable $90000
to record payment
Dividend Payable $90000
Cash $90000

The amount is derived from the shares issued and outstanding so, the 190000 issued is deducted by 10000 treasury shares because treasury shares are reacquired by the company so it is not an outstanding share, then just multiply the answer with the dividend per share to arrive at $90000

190000-10000shares * $.50 =$90000

4 0

3 years ago

Read 2 more answers

Nadia stood outside the mall and asked people which stores they visited and if they bought anything. if they said yes, she asked

lana [24]

It was a survey i think

6 0

3 years ago

In the context of problem solving, _________ involves handling one element of the problem at a time.

34kurt

It should be noted that in the domain of problem solving, Serial memory processing involves handling one element of the problem at a time.

<h3>What is Serial memory processing?</h3>

Serial memory processing can be regarded as tge process of attending to and processing one item at a time.

This is different from parallel memory processing, because it focus on an item per time.

Learn more about Serial memory processing at:

brainly.com/question/17493537

8 0

2 years ago

The talk test can be used to measure the __________.

Valentin [98]

Answer:

The talk test is used to measure moderate-intensity activities. If a person can talk during an activity, but cannot sing, they are engaged in moderate-intensity activity. If they cannot talk, they are doing a higher-level intensity activity.

Explanation:

7 0

2 years ago