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garik1379 [7]
3 years ago
6

Direct Materials Variances Bellingham Company produces a product that requires nine standard pounds per unit. The standard price

is $8.5 per pound. If 2,100 units used 18,100 pounds, which were purchased at $8.93 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance
Business
1 answer:
Amanda [17]3 years ago
4 0

Answer:

The correct answer is:

(a) -7783

(b) 6800

(c) -983

Explanation:

According to the given values in the question:

(a)

The price variance will be:

= (8.5-8.93)\times 18100

= -0.43\times 18100

= -7783 (Favorable)

(b)

The quantity variance will be:

= (2100\times 9-18100)\times 8.5

= (18900-18100)\times 8.5

= 800\times 8.5

= 6800 (Unfavorable)

(c)

The cost variance will be:

= (2100\times 9\times 8.5)-(18100\times 8.93)

= (160650)-(161633)

= -983 (Favorable)

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Suppose someone borrows $552,000 today to buy a house in Davis, CA. If the annual interest rate is 4%, with monthly compounding,
galina1969 [7]

Answer:

Monthly Repayment on Loan  = $2634.06

Explanation:

given data

principal =  $552,000

annual interest rate = 4% = 0.333% monthly

solution

for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months

so now we apply here Monthly Repayment on Loan formula that is

Monthly Repayment on Loan  = principal ×  \frac{r(1+r)^t}{(1+r)^t -1}    .................1

put here value and we get

Monthly Repayment on Loan  = 552000 × \frac{r(1+0.333)^{360}}{(1+0.333)^{360} -1}    

Monthly Repayment on Loan  = $2634.06

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3 years ago
Jackson is the owner of a small pizzeria and draws a variety of competition—from other local restaurants offering pizza to the l
Nataly [62]

Answer:

The correct answer is letter "B": False.

Explanation:

Small businesses have an advantage in differentiating their products because they are closer to their clients and are often more flexible than their bigger competitors. The differentiation of innovative goods is often a key factor in small business success.

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3 years ago
All of the following are benefits provided by monsoons in South and Southeast Asia, except __________. A. increased flooding B.
Aleonysh [2.5K]

The Correct answer is Increased Flooding which is Option A.

A flood is the accumulation of water over normally dry land. It’s caused by the overflow of inland waters (like rivers and streams) or tidal waters, or by an unusual accumulation of water from sources such as heavy rains or dam or levee breaches.

<h3><u>Why Increased Flooding is an exception and not a benefit?</u></h3>
  • Floods are the most common (and among the most deadly) natural disasters in India. They have brought destruction to every state and nearly every county, and in many areas they are getting worse. As global warming continues to exacerbate sea level rise and extreme weather.
  • This occurs when a river or stream overflows its natural banks and inundates normally dry land. Most common in late winter and early spring, river flooding can result from heavy rainfall, rapidly melting snow, or ice jams.

Increased Flooding is the only drawback of monsoons among other 3.

Following are the mentioned benefits.:-

B) The provision of needing water - there is enough amount of water.

C) Improved economy - Improvement of a greater economy.

D) Greater food Production - Monsoon helps in greater food production.

To know more about Flooding, check the given links.

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2 years ago
Bay area peeps zoom anyone? ...bored lol
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Answer:

Haha no

Explanation:

6 0
2 years ago
During October the plant produced 8,000 ingots and incurred the following costs: a. Purchased 33,000 pounds of materials at a co
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Answer: Total Variable Costs = $110130

Explanation:

The question in incomplete. Requirements were not provided in the question, as a result it is not clear what the question requires us to do. We will assume the question requires us to calculate Total variable costs since There is nothing in the question that talks about fixed costs.

Total Variable Costs

Manufacturing costs

Direct Material Per pound = $2.95

Direct Material used  = 27800 pounds

Direct Material Cost = 27800 x 2.95 = $82010

Direct Labor

Direct Labor cost per hour = $6.20

Direct Labor hours = 3800

Direct Labour Cost = 3800 x $6.20 = $23560

Variable Manufacturing overhead cost = $4560

Total Variable Costs = Direct Material cost + Direct labor costs + Variable Manufacturing overhead

Total Variable Costs = $82010 + $23560 + $4560

Total Variable Costs = $110130

7 0
3 years ago
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