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solniwko [45]
3 years ago
10

The standard amount of materials required to make one unit of Product Q is 4 pounds. Tusa's static budget showed a planned produ

ction of 6,200 units. During the period, the company actually produced 6,300 units of product. The actual amount of materials used averaged 3.9 pounds per unit. The standard price of material is $2 per pound. Based on this information, the materials usage variance was:\
Business
1 answer:
solniwko [45]3 years ago
4 0

Answer: $1,260 Favorable

Explanation:

Material usage variance = (Standard quantity of materials actually produced - Actual quantity of materials actually produced) * Standard price of material

= [ ( 4 * 6,300 ) - (3.9 * 6,300) ] * 2

= [ 25,200 - 24,570 ] * 2

= 630 * 2

= $1,260 Favorable

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Awanita Enterprises sells computer flash drives for $ 2.41 per unit. Unit variable cost is $ 0.07. The breakeven point in units
Dennis_Churaev [7]

Answer:

Margin of safety= $2,651

Explanation:

Giving the following information:

Awanita Enterprises sells computer flash drives for $ 2.41 per unit. Unit variable cost is $ 0.07. The breakeven point in units is 3,400​, and expected sales in units are 4,500

Margin of safety= 4,500*2.41 - 3,400*2.41= $2,651

4 0
3 years ago
According to the U.S. Census Bureau (www.census.gov), the median household income in the United States was $23,618 in 1985, $34,
Katena32 [7]

Answer:

The highest median income in purchasing power terms was in 1995, then 2005, 2015, and last 1985

Explanation:

To solve this question we must transform the median household income into comparable units. To do so we use the CPI data given in the problem.

We can arrange everything in a spreadsheet like the attached figure. In  column A we have the years, in B the nominal median household income, in the third the CPI divided by 100, this will allow us to deflate and calculate the median income in constant 1982-1984 us dollars (since 1982-1984 will be the numeraire at 1). We do that by dividing column B by C, which is shown in column D.

With these values then we have all the median incomes in comparable units. We now can order and compare them

4 0
3 years ago
How is compound interest different from simple interest?
hammer [34]

Answer: How is compound interest different from simple interest?

Explanation:  Simple interest is interest payment is calculated on only the principal amount; whereas compound interest is interest calculated on both the principal amount and all the previously accumulated interest.  

You welcome

4 0
2 years ago
The members of the City High soccer team have been training with Hanson, a personal trainer who charges by the hour, for several
rusak2 [61]

Answer:

The answer is: Wrongful interference with a business relationship

Explanation:

Wrongful interference with a business relationship is a type of tortious interference.

Wrongful interference happens when someone deliberately interferes with a contract or expectancy of a contract, causing damage to one or more parties involved in the contract.

The party (or parties) that suffer damage caused by the wrongful interference, can sue for damage compensation.

In this case, the coach wrongfully interfered in the business relationship Hanson had with the soccer team members, so eventual Hanson could sue the coach.

3 0
3 years ago
A recent study about online shopping asked respondents to indicate their education level on the following​ scale: "Less than Hig
leonid [27]

Answer

The correct option is C) Yes it is true that Education is an ordinal scale.

Explanation:

An ordinal scale  is a form of measurement that shows ranking of data in an order that does not necessarily establish the degree of variation between them

As a rank order, Ordinal Scale assign numbers to objects to determine the relative extent to which certain characteristic is possessed.

Education is an ordinal scale and the objects of this research was assigned in the following order:

  • "Less than High​ School,"
  • "High​ School,"
  • "Some​ College,"
  • "College+."

8 0
3 years ago
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