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
Allushta [10]
3 years ago
11

Eco Strip Inc. makes a paint remover which is made up of two direct materials, X and Y. The standard costs and standard quantiti

es are as follows. Each gallon of paint remover requires 0.3 gallons at $4.00 per gallon of material X and 0.7 gallons at $6.00 per gallon of material Y. During April, Eco Strip produced 50,000 gallons of paint remover, used 17,000 gallons at $4.25 per gallon of material X, and used 38,000 gallons at $5.90 per gallon of material Y. What are the mix and yield variances for material X for the month of April?
a. $2,000 U; $6,000 U.
b. $3,000 U; $5,000 U.
c. $10,000 U; $2,000 F.
d. $10,000 F; $18,000 U.
e. None of these.
Business
1 answer:
Neporo4naja [7]3 years ago
4 0

Answer:

a. $2,000 U; $6,000 U

Explanation:

Material Mix Variance for X = (Actual Usage in standard proportions - Actual Usage in Actual Proportions) * Standard Price per unit

= ((55000*0.3) - 17000) * $4

= $2,000 Unfavorable

Material Yield Variance for X = (Expected input units in standard proportions - Input units based on Actual output) * Standard Price per unit

= ((55000*0.3) - (50000*0.3)) * $4

= $6,000 Unfavorable

You might be interested in
Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi He
NeTakaya

These memories about cultural heroes and events are one of the chief characteristics of an age <u>cohort</u>.

<h3>What does a cohort mean?</h3>

A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.

<h3 /><h3>What characteristics do cohort study have?</h3>

The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.

To know more about the cohort study, visit:

brainly.com/question/29654815

#SPJ4

5 0
1 year ago
You should try to get the lowest interest rate possible in which situation
Bumek [7]

Answer:

B. you are borrowing money from another person

Explanation:

rest is you giving money to others which if you could youd want higher interest rates for

3 0
3 years ago
By Nike changing the technology in their shoe, they are taking on a role of being more socially responsible. What type of busine
Arisa [49]

Explanation:

In this case, Nike is incorporating corporate governance into its business model, which is defined as a model for managing companies using the best market practices, using transparency, equity and social and environmental responsibility as essential parameters.

Companies today are no longer perceived by society as merely profitable entities, it is a social demand that companies assist in the development of society and minimize their impacts on the environment.

When companies develop programs to support society and sustainability, it guarantees the advantages of being better positioned in the market, attracting more investors, adding more value to its products and services and gaining a strategic and competitive advantage in the market.

5 0
3 years ago
Having a good credit history impacts every one of these o teams but one.Which is the one item not impacted by good credit histor
Archy [21]
The answer is C. Anywhere to rent/buy a car or any time of loan looks at your credit history. Employers are supposed to be unbiased and fair when considering candidates for job interviews and can not discriminate based on gender, race, sexual orientation, your credit, and a few other things.
6 0
3 years ago
A company's net sales were $676,600, its cost of goods sold was $236,810 and its net income was $33,750. Its gross margin ratio
algol13

Answer:

13.01%

Explanation:

Gross Margin Ratio = \frac{Net Sales - Cost of Goods Sold}{Net Income}

Gross Margin Ratio = \frac{676,000 - 236,810}{33,750}

Gross Margin Ratio = \frac{439,190}{33,750}

Gross Margin Ratio = 13.01%

Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.

7 0
3 years ago
Other questions:
  • Stanton Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually and increase e
    6·1 answer
  • Companies that fail to install adequate safety equipment because they feel pressured not to cut into their profits commit a crim
    9·1 answer
  • Channing Corporation makes two products (A1 and B2) that require direct materials, direct labor, and overhead. The following dat
    10·1 answer
  • What value do marketing channels bring to the customer?
    11·1 answer
  • Billy Boi Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent yea
    15·1 answer
  • Tesla crafts imitation dream catchers in her spare time. her father constantly encourages her to sell them on ebay. when she fin
    10·2 answers
  • Producer surplus is the area A. under the demand curve and above the price. B. between the supply and demand curves. C. below th
    15·1 answer
  • Brian, the operations manager in a company that manufactures light bulbs, calculates the daily productivity at the factory by de
    7·1 answer
  • Which of the following provides the best example of a systematic-risk event? A. A strike by union workers hurts a firm's quarter
    5·1 answer
  • Why might the process of planning be as important as the plan itself? It involves everyone in the organization. It is necessary
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!