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Gnoma [55]
3 years ago
15

The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favo

rable. What does the company use as a standard price per yard of material for its safety suits?
Business
1 answer:
Black_prince [1.1K]3 years ago
5 0

Answer:

the  standard price per yard is $6.25

Explanation:

The computation of the standard price per yard is shown below;

Material quantity variance = Standard Price  × (Actual quantity - Standard quantity)

-$5,000 = Standard price  × (10,000 - 10,800)    

Thereore Standard price = -$5,000 ÷ (-800)  

= $6.25    

Hence, the  standard price per yard is $6.25

We simply applied the above formula so that the standard price per yield could come

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Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $28 per share. She borrows $3,000 from her b
yawa3891 [41]

Answer and Explanation:

The computation is shown below:-

a. Margin

Equity account = Number of shares × Price per share

= 400 × $28

= $11,200

Margin = Purchase price - Money borrowed from the broker

= $11,200 - $3,000

= $8,200

b. Remaining margin

Equity account = Number of shares × Price per share

= 400 × $18

= $7,200

Total liability = Borrowed amount × 1.12

= $3,000 × 1.12

= $3,360

Remaining margin = Equity value - Liability to the broker

= $7,200 - $3,360

= $3,840

Remaining margin ratio = Remaining margin ÷ Equity value

= $3,840 ÷ $7,200

= 53.33%

c. As per the information maintenance margin requires 30%

No, maintenance margin requires 30% and the remaining martin is 53.33% then it will no margin calls

d. Rate of return

Rate of return = (Return - Initial inventment) ÷ Initial investment

= ($3,840 - $8,200) ÷ $8,200

= -53.17%

5 0
4 years ago
In handling the ethics problem in his class, Professor Quinn acted as an ethical leader by supporting and enforcing the ethical
BaLLatris [955]

Answer:

The correct answers are letters "B" and "D": Punishing the entire class when an ethical violation occurred; Providing ethics training only to students who admitted to cheating.

Explanation:

By <em>punishing the entire class when an ethical violation occurred</em>, Professor Quinn is not acting objectively. In such cases, only the students at fault should be punished for their actions. If the rest of the students acted ethically there is no reason for them to be punished. In remorse, those students could start to act unethically since they know even acting correctly they will be punished anyway.  

Besides, <em>providing ethics training </em><u><em>only </em></u><em>to students is inappropriate</em>. The unethical action must serve as an example for <u><em>all </em></u>students in a class as an act that must not be replicated. Thus, all of them should be instructed on what to do to avoid such situations.

7 0
3 years ago
A large company is accused of gender discrimination in wages. The following model has been estimated from the company's human re
Klio2033 [76]

Answer: b) 19.32% more than females

Explanation:

According to the model for calculating how wages are paid to employees, there is a .1932 coefficient attached to being a male employee. This means that 0.1932 (19.32% ) is added to an employees salary if they are males. This simply means that males are getting paid 19.32% more than other employees in the company which is this case are females.

8 0
3 years ago
I need the answer asap
romanna [79]

Answer:

D. 1,237.18

Hope it helps :^)

7 0
3 years ago
Read 2 more answers
What benefits does osha offer
GuDViN [60]
Cooperative programs under which businesses, labor groups, and other organizations can work cooperatively with the Agency to help prevent fatalities, injuries, and illnesses in the workplace.
7 0
3 years ago
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