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tatuchka [14]
3 years ago
12

During August, 10,000 units were produced. The standard quantity of material allowed per unit was 10 pounds at a standard cost o

f $3 per pound. If there was a favorable materials efficiency variance of $18,750 for August, the actual quantity of materials used must be:_______
a. 106,250 pounds.
b. 93,750 pounds.
c. 31,875 pounds.
d. 23,438 pounds
Business
1 answer:
Snowcat [4.5K]3 years ago
7 0

Answer:

actual quantity= 93,750 pounds

Explanation:

<u>To calculate the actual quantity of direct materials, we need to use the following formula:</u>

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

18,750= (10,000*10 - actual quantity)*3

18,750= 100,000*3 - 3actual quantity

3actual quantity= 281,250

actual quantity= 281,250/3

actual quantity= 93,750 pounds

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Answer:

resource smoothing

Explanation:

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3 0
3 years ago
Raugust-Mathwig, Inc., a corporation, was the sole general partner of a limited partnership. Calvin Raugust was the major shareh
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Answer:

Explanation:

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6 0
3 years ago
Using the example of your university, give examples of information systems for each of the three levels of scope (workgroup, ent
Alex73 [517]

Answer:

Three levels of information systems at university include:

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2. The departmental ICT units (enterprise)

3. The examination and records unit (inter enterprise)

Explanation:

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The examination and records unit on the final and higher level is the home server for all information systems security, backup and archive and the communication level regarded as the inter enterprise units. It is the final resort point when every other means of information and record keeping becomes threatened. Hence it is seen as the collation, record keeping and transfer point between one enterprise or department to the other.

7 0
4 years ago
E25-18 Making outsourcing decisions Cool Systems manufactures an optical switch that it uses in its final product. The switch ha
Vikentia [17]

Answer:

From a cost savings perspective the switch should be made in-house

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Direct materials per unit      $5

Direct labor                           $3

Variable overhead                <u>$6</u>

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From the above analysis, it is preferable to make the switch in-house as that option saves $1($15-$14) per switch.

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7 0
3 years ago
If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept? 1 year
Harrizon [31]

Answer:

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