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
Valentin [98]
3 years ago
6

The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are as follows: St

andard Costs Direct materials 1,040 kilograms at $8.75 Actual Costs Direct materials 2,000 kilograms at $8.00 The direct materials price variance is a.$2,750 favorable b.$2,750 unfavorable c.$1,500 unfavorable d.$1,500 favorable
Business
1 answer:
svetoff [14.1K]3 years ago
6 0

Answer:

$2,250 favorable

Explanation:

The direct material price variance is computed as;

= ( Standard price - Actual price ) × Actual quantity

Given that;

Standard price = $8.75

Actual price = $8

Actual quantity = 3,000 units

Direct material price variance

= ( $8.75 - $8 ) × 3,000

= ( $0.75 ) × 3,000

= $2,250 favorable

You might be interested in
PLEASE HELP ASAP, TRUE OR FALSE FOR EACH STAR
jolli1 [7]

Answer:

1. False: A court of appeals hears evidence to decide the facts. They do not listen to evidence to decide the facts because appeal isn't a retrial of the case.

2. True: When a party alleges a fact, it means that fact has not yet been determined by the jury to be true.

3. True: A judge instructs a jury on the law that applies in a case. It is known as jury instructions.

4. False: Decisions by higher courts in a state are not binding on lower courts within that state's jurisdiction. There decisions are actually binding on lower courts within that state's jurisdiction.

5. True: Judges may apply the law, but they do not have power to change the law.

6. True: The U.S. Constitution is the supreme law in the United States and no other law can contradict it.

7. True: Litigation is the process of resolving a dispute through the court system.

8. True: The trial court, which first hears a case, is known as a court of original jurisdiction.

9. True: Although cases may be similar, one important fact can change the outcome and create new precedent.

10. False: Appellate Courts review questions of fact but not questions of law. The appellate court can review questions of law as "De novo" or plenary review (legal error standard).

11. True: The Uniform Commercial Code has been adopted in all fifty states.

5 0
3 years ago
Disposable income is the money paid to creditors after paying necessities <br> a. True <br> b. False
Gekata [30.6K]
Disposable income is the remaining amount after the deduction of taxes and social security charges etc... you can then spend this money however you want. So the answer is A.
Hope this helps. 
7 0
4 years ago
What is evolution of finance?​
aleksandrvk [35]

Answer: The Evolution of Finance. ... At the core financial institutions all do the same two things: first, they gather assets, and second, they invest those assets. Commercial banks take deposits and make loans. Investment banks identify pools of capital and issue securities. Asset managers take savings and invest those savings.

Explanation:

3 0
4 years ago
Which of the following statements is true about work hour regulations for 14 and 15-year-olds?
Katena32 [7]

Answer: they can work up to 3 hours during school day

Explanation:

5 0
3 years ago
The success of the Tom Dennis Ford dealership has been built largely on return customers and word-of-mouth recommendations. The
givi [52]

Answer: Build long-term relationships with the customers

Explanation:

  According to the given scenario, the high pressure selling process is one of the ineffective approach as the dealership wants to build a long term relationship with the consumers or user.

 The long term relationship with the customers is basically creating the growth, loyalty and also the revenue of an organization as it helps in increase the productivity of the management by maintaining the good relationship with the customers.

  The following ways helps in building the long term relationship with the customers are as follows:

  • By good communication skills
  • Enhance the consumer loyalty
  • Make connection with the customer
  • Always take feedback
  • Explain about your product's benefits

 

4 0
3 years ago
Other questions:
  • . A farmer grows a bushel of wheat and sells it to a miller for $1.00. The miller turns the wheat into flour and then sells the
    12·2 answers
  • "a customer owns 1,000 shares of xyzz stock, purchased at $40 per share. the stock is now at $45, and the customer has become ne
    15·1 answer
  • The Homeowners policy on Dylan's $110,000 home is voided when he intentionally burns the house to the ground. Consequently, he d
    10·1 answer
  • Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to
    5·1 answer
  • The __________ is a good-faith estimate of credit costs and transaction terms that replaces the HUD Good Faith Estimate (GFE) an
    12·1 answer
  • Exercise 14-1 On January 1, Guillen Corporation had 90,000 shares of no-par common stock issued and outstanding. The stock has a
    10·1 answer
  • A retailer who utilizes a(n ________ policy charges a constant low price with little or no price promotions and special sales.
    13·1 answer
  • Given the accelerated pace of technological change, in combination with deregulation, globalization, and demographic shifts, a f
    13·1 answer
  • The GDP price index is different from other price indexes because _____.
    11·1 answer
  • The stable dollar assumption is that fluctuations in the value of the dollar are significant and may not be ignored.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!