Question:
standard total cost Actual total cost
Direct material
Standard 2000 pints $3.50/pint $7,000
Actual 2,500 pints $5.00/pint $12,000
Answer:
Materials quantity variance= $1,750 unfavorable
Explanation:
<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity. </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>
pints
Standard quantity allowed 2,000
Actual quantity used <u> 2,500</u>
Quantity variance 500 unfavorable
Standard price <u> $3.50 </u>
Materials quantity variance <u>1,750 </u>unfavorable
Materials quantity variance= $1,750 unfavorable
Answer:
a) Oven A = 1,667; Oven B = 2,353 pizzas.
b) Oven A
c) Oven A
d) 13,334 pizzas
Explanation:
Since nothing was mentioned regarding her time availability, the capacity of each oven will not be taken into account.
The income equation for ovens A and B, respectively, are:
Where 'x' is the number of pizzas sold.
a) The break-even occurs when income is zero:
Rounding up to the next whole pizza, the break-even for oven A is 1,667 pizzas and for oven B it is 2,353 pizzas.
b) For x = 9,000:
Income is greater with oven A, so Janelle should use oven A.
c) For x = 12,000
Income is greater with oven A, so Janelle should use oven A.
d) She should switch ovens at the value for 'x' that causes B to be greater than A:
Rounding up to the next whole pizza, she should switch ovens at a volume of 13,334 pizzas.
Answer:
b. application form
Explanation:
Based on the scenario being described within the question it can be said that they most likely have these individuals fill out an application form. Like mentioned in the question this is the first step in the pre-screening process in which individuals fill out a form that has all of their basic information, including skills, previous work experience, age, name, id number etc. All information that the employer may need to evaluate their potential for the job that they are hiring for.
Answer:
d. $2.10 per unit
Explanation:
Calculation for What is the company's unit contribution margin
First step is to calculate the Variable cost using this formula
Variable cost = Variable Manufacturing Expenses + Variable Selling & Administrative Expenses
Let plug in the formula
Variable cost = $297,000 + $165,000
Variable cost = $462,000
Second step is to calculate Total Contributiom Margin using this formula
Total Contributiom Margin=Sales – Variable Cost
Let plug in the formula
Total Contributiom Margin= $924,000 - $462,000
Total Contributiom Margin= $462,000
Now let calculate Unit Contribution Margin using this formula
Unit Contribution Margin= Total Contribution Margin/Total number produced and sold cement
Let plug in the formula
Unit Contribution Margin = $462,000 / 220,000 Unit Contribution Margin= $2.10 per unit
Therefore the Unit Contribution Margin will be $2.10 per unit
Answer:
E : the market is very small and limited
Explanation:
The statement that the market is very small and limited is not a difference between business markets and consumer markets as the real difference is :
Business market larger in size :
If we talk from a Marketing Perspective point of view it Innovates through technological push and fanatics-breakthroughs which result in a rapid increase in the number of customers in the market and as the size of the market becomes larger.
