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densk [106]
3 years ago
12

Gumchara Corporation reported the following information with respect to the materials required to manufacture amalgam florostats

during the current month. Standard price per gram of materials $ 4 Standard quantity of materials per amalgam florostat 5 grams Actual materials purchased and used in production 6,000 grams Actual amalgam florostats produced during the month 1,000 units Actual cost of materials purchased $ 18,000 Normal monthly output 900 units a. Determine Gumchara's materials price variance. b. Determine Gumchara's materials quantity variance. c. Will Gumchara's overhead volume variance be favorable or unfavorable
Business
1 answer:
kolezko [41]3 years ago
5 0

Answer and Explanation:

The computation is shown below:

a. Material Price Variance is

= Actual Quantity × (Actual Rate - Standard Rate)

= 6000 × ($18000 ÷ 6000 - $4)

= $6,000 Favorable

b. Material Quantity Variance is

= Standard Rate × (Actual Quantity - Standard Quantity)

= $4 × (6000 - 5 × 1000)

= $4,000 (Unfavorable)

c. It is favorable as actual production is more than the normal monthly output

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New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.
Zielflug [23.3K]

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3 years ago
Mike is arrested at a warehouse in North Industrial Park and is charged with the crime of theft. Mike will be prosecuted bya. th
Sati [7]

Answer:

Mike will be prosecuted by a;

c. a public official

Explanation:

To better answer the question we need to define some key terminologies;

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2. Prosecutor

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3. Public official

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In our case, Mike was arrested and charged with the crime of theft. The prosecutor has to be a public official who needs to represent the prosecution in presenting the case against the accused: in this case it's Mike who was accused of theft.

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4 years ago
Give me atleast 2 question about mice industry
kondor19780726 [428]

Answer:

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5 0
3 years ago
Read 2 more answers
Assume the risk free rate is 4 percent, the required rate of return on the market portfolio is 15 percent, and the reported beta
Eddi Din [679]

Answer:

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so correct option is e. 22.7 percent

Explanation:

given data

risk free rate = 4 percent

rate of return = 15 percent

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to find out

required rate of return on the stock

solution

we get here required rate of return on the stock that is express here as

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put here value we get

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