1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scorpion4ik [409]
3 years ago
6

Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,650 pounds of materia

l at $5.40 and standard cost for 4,490 pounds of material at $6.20 per pound. The direct materials price variance is a.$992 favorable b.$3,720 unfavorable c.$3,720 favorable d.$992 unfavorable
Business
1 answer:
Nuetrik [128]3 years ago
3 0

Answer:

Direct material price variance= $3,720 favorable

Explanation:

<u>To calculate the direct material price variance, we need to use the following formula:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

Actual cost= $5.4

Standard cost= $6.2

Actual quantity= 4,650

Direct material price variance= (6.2 - 5.4)*4,650

Direct material price variance=$3,720 favorable

You might be interested in
Real estate brokers and their salespersons facilitate __________ by promoting the sale/lease of property, providing information
Alex73 [517]

Answer:

The correct answer is Transferability.

Explanation:

The term of transferability indicates the speed with which competitors can mimic the processes on which a company's competitive advantage is based. It also refers to the ease of certain raw materials to be taken from one place to another.

3 0
3 years ago
On June 15, Oakley Inc. sells inventory on account to Sunglass Hut (SH) for $4,500, terms 4/10, n/30. On June 20, SH returns to
Georgia [21]

Answer: $3360

Explanation:

Based on the information given in the question, the amount of cash paid by SH to Oakley will be calculated as thus:

SH will be entitled to a discount of 4% since the payment was made within the discount period, therefore, the discount that is applicable will be:

= $4500 - $1000

= $3,500

Therefore, the amount of cash payment that is made by SH to Oakley will be:

= $3,500 - (4% × $3,500)

= $3500 - (0.04 × $3500)

= $3500 - $140

= $3360

Therefore, the amount of cash paid by SH to Oakley is $3360.

7 0
3 years ago
Who is John Kulczyk ?
denpristay [2]
Are you sure about the name of this guy? I have found much information about Jan Kulczyk who was <span>Poland's richest individual. If you want, I may personally drop you a link about him. 
</span>

7 0
2 years ago
The CDC for hospitals and healthcare facilities to improve
Andreyy89

The CDC makes investments in infrastructure and healthcare systems to make them secure settings for patient care.

<h3>What are the Centers for Disease Control and Prevention?</h3>

The Centers for Disease Control and Prevention (CDC) is a government organization that carries out and supports health promotion, prevention, and preparedness operations in the United States. The Department of Health and Human Services oversees the CDC, which was founded in 1946.

Access resources and advice to help healthcare facilities plan, function efficiently, and handle surges.

Thus, CDC helps in improving the plans and functions efficiently to handle surges.

Learn more about CDC:

brainly.com/question/15887044

#SPJ1

7 0
2 years ago
50 pts!!! up for grabs!!!
astraxan [27]

Answer:

thx fpr the 50 bro and can i get brainliest i need one more

Explanation:

7 0
3 years ago
Other questions:
  • Amanda wants to become an industrial designer. She wants to learn this specialized skill from an expert in this industry by work
    13·2 answers
  • John's friend just gave him a pair of concert tickets to see his favorite rock group perform this weekend. Each ticket sells for
    5·1 answer
  • Pompeii, Inc., has sales of $53,500, costs of $24,400, depreciation expense of $2,600, and interest expense of $2,350. If the ta
    5·1 answer
  • Company A estimates that it needs 30% of sales in net working capital. In year 1, sales were $1 million and in year 2, sales wer
    5·1 answer
  • The head teller of a bank embezzled $50,000 from the bank. Which insuring agreement in a financial institution bond is designed
    9·1 answer
  • In terms of soil behavior in earthquakes, building codes classify a construction site
    9·1 answer
  • Willamette Manufacturing estimated that its total payroll for the coming year would be $650,000. The workers' compensation insur
    14·1 answer
  • If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each
    13·1 answer
  • Clarisa, an engineering manager, wants to purchase a resort accommodation to rent to skiers. She is considering the purchase of
    10·1 answer
  • A bond has a par value of $1,000, a market price of $300, and a 9% coupon rate. It will mature in 5 years. What is the current y
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!