Answer:
B) Direct materials price variance
Explanation:
Company uses sugar while producing a product, that means it is a direct material for the product, further provided that cost gets doubled of buying a unit of sugar, that is actual rate is now twice of earlier rate.
Therefore since only direct material price variance uses actual rate it will be affected.
Direct Material Price Variance = (Standard Price - Actual Price)
Actual quantity.
Else labor variance does not use direct material price, therefore option C) and option D) are invalid further direct material quantity variance uses standard rate and no actual rate is used.
Therefore correct option is
D) Direct Material Price Variance
Answer:
See
Explanation:
1. Break even point in units
= Fixed cost / Selling price per unit - Variable cost per unit
Given that
Fixed cost = $600,000
Selling price per unit = $375
Variable cost per unit = $300
Break even point in units = $600,000 / ($375 - $300)
= $600,000 / $75
= 8,000 units
2. Break even in sales
= Fixed cost / Selling price unit - Variable cost per unit × Selling price per unit.
=[ $600,000 / ($375 - $300) ] × $375
= 8,000 × $375
= $3,000,000
The correct statement is that in the spreadsheet below, a financial plan for protecting assets is missing. So, the correct option is C.
A financial plan for protection of assets is advisable for such individual for better insurance against any unwanted losses or damages to property(s).
<h3>Financial Plan</h3>
A financial plan refers to as the interpretation and conclusion of a cash flow after ascertaining the inflows and outflows of the firm.
The above cash flow statement shows that the spending have not been done on premiums for insurance for protection of assets of the individual.
There seems a requirement for the financial plan to be made in such a way that a part of expenditure outflow is done towards insuring the assets.
Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing.
Learn more about Financial Plan here:
brainly.com/question/1323646
Answer:
Direct Material:
Airplane seats . . . . . $220
Total= $220
Direct labor:
Assembly workers' wages . . . . . . . . $600
Total= $600
Indirect labor:
Production supervisors' salaries . . . . . . . . . . . . . . $170
Factory janitors' wages . . . . . . . . . . . . . . . . . . . . . $60
Total = $230
MOH:
Machine lubricants . . . . . . $35
Depreciation on forklifts . . . . . . $110
Total = $145
Explanation:
The given manufacturing costs of an airplane have correctly been classified along with their totals as mentioned above. Direct materials are characterized as the materials that are directly used to manufacture the product while direct labor is defined as the people who are responsible for producing the unit of the product. Indirect labor are the workers who are not directly associated with the manufacturing of the product but they ensure effective running of day-to-day work. MOH is defined as the manufacturing overhead cost which is the total of all indirect costs responsible for the manufacturing of the product.