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Genie in a Bottle Company (GBC) manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two

yan [13]

Answer:

See below.

Explanation:

Since the costs are per 100, to calculate total standard we multiply by 400,000/100 = 4000 and actual qty then is 4060.

For A, standard cost budget at standard prices.

Direct Labor (2*4000) = $8,000

Direct Material (9.1*4000) = $36,400

Factory Overhead (0.55*4000) = $2,200

Total = $46,600

For B, The total cost variances are as follows,

Material cost variance = (Standard Price - Actual Price) * Actual Quantity

where, Standard price = 9.1 and Actual price = (35750/4060) = $8.81

Variance = (9.1 - 8.81) * 4060 = $1177.4 Favorable

Direct labor cost variance = (Standard rate - Actual Rate) * Actual Quantity

where, Standard rate = 2 and Actual rate = (7540/4060) = $1.86

Variance = (2-1.86) * 4060 = $568.4 Favorable

Factory Overhead variance

= Standard applied - Actual applied

Variance = (0.55*4060) - 2680 = $447 Unfavorable

Net effect on total cost variances = (1177.4+568.4-447) = $1298.8 Favorable

For c)

The over all cost performance has favored the business as they ere able to lessen costs in direct labor and material department. However, the fixed costs performance has deteriorated and there may be some technical issues that the company can deal with to ensure they perform better on fixed costs. The over all performance is favorable.

5 0

3 years ago

Ben Ervin often experiences emotions in a much stronger manner than most of his other colleagues. Events that do not provoke any

Genrish500 [490]

Answer:

E.

Explanation:

Affect Intensity is an emotional style, and relates to the personality dimensions of high activity level, sociability, and arousability.

-High affect intensity. Individuals who experience emotions strongly and are emotionally reactive and variable. High affect intensity subjects tend to evaluate the events in their lives (both positive and negative) as having more emotional impact . Individuals high on the affect intensity dimension exhibit more mood variability.

-Low affect intensity. Individuals who experience emotions only mildly and with only gradual fluctuations.

4 0

3 years ago

Stressors and negative emotions are both

frozen [14]

its C ma dood ! kdn

3 0

3 years ago

The purchase of a used pickup for $9,000 is being considered. Records for other vehicles show that costs for oil, tires, and rep

oee [108]

The equivalent uniform annual cost is $4,500 with a 10,000 mileage and $5,510 with 15,000 mileage.

<h3>What does mileage cost?</h3>

The cost per mileage depends on the total miles traveled especially in a given period of time. The distance is multiplied by the mileage rate to obtain the mileage cost.

<h3>Data and Calculations:</h3>

Cost of used pickup van = $9,000

Costs of oil, tires, and repairs = $990

Fuel costs per year for 10,000 miles = $990

Fuel costs per year for 15,000 miles = $1,495 ($990/10,000 x 15,000).

Salvage value after 5 years drops by 8% per mile per year

Deprecation expenses per year = $1,800 ($9,000/5)

Interest rate = 8%

Annual interest = $720

Equivalent uniform annual cost for 10,000 mileage = $4,500 ($1,800 + $990 + $990 + $720)

Equivalent uniform annual cost for 15,000 mileage = $5,510 ($1,800 + $1,495 + $1,495 + $720)

Thus, the equivalent uniform annual cost is $4,500 with a 10,000 mileage and $5,510 with 15,000 mileage.

Learn more about vehicle mileage calculations at brainly.com/question/24787693

7 0

2 years ago

DeConinck Soup Co. found that its canned nacho cheese sauce was too spicy for Americans in the East and not spicy enough for tho

Alla [95]

Answer:

D: Geographic segmentation

Explanation:

Geographic segmentation is defined as the marketing strategy that primarily aims to target the distinct choice preferences of the customers across a specific region or area. DeConinck Co. is employing this strategy to understand the consumer needs and cater to the different types of demands of their customers residing across the region by producing and marketing products accordingly.

6 0

2 years ago

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