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
Sholpan [36]
3 years ago
6

The standard cost of Product B manufactured by Pharrell Company includes 3.6 units of direct materials at $5.90 per unit. During

June, 26,600 units of direct materials are purchased at a cost of $5.65 per unit, and 26,600 units of direct materials are used to produce 7,300 units of Product B. (a) Compute the total materials variance and the price and quantity variances.
Business
1 answer:
Harrizon [31]3 years ago
8 0

Answer:

Results are below.

Explanation:

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

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

Direct material price variance= (5.9 - 5.65)*26,600

Direct material price variance= $6,650 favorable

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

Direct material quantity variance= (7,300*3.6 - 26,600)*5.9

Direct material quantity variance= $1,888 unfavorable

You might be interested in
Evaluates the difference between leadership and board governance in establishing strategic planning for a health care organizati
hodyreva [135]

This white paper evaluates the difference between leadership and board leadership in creating strategic plans for healthcare organizations.

Leadership and governance includes ensuring a strategic policy framework that combines effective oversight, partnership building, regulation, attention to system design and accountability.

The Board's role in strategic planning includes identifying priorities, setting goals and objectives, allocating resources, and allocating funds to support decisions that need to be made in relation to the strategic plan. increase. The board is also responsible for overseeing the execution of the strategic plan.

Successful leadership and management must scan, focus, coordinate/move rapidly, inspire, plan, organize, implement, measure and evaluate.

Learn more about board governance at

brainly.com/question/13503182

#SPJ4

6 0
2 years ago
When the government of any country restricts the sale of a particular commodity to certain groups — for example, restricting sal
Alla [95]

Answer:

qualified available

Explanation:

Qualified available Market refers to the situation when only customers with specific criteria are able to make a purchase. In most cases, those criteria revolved around age, gender, or group membership.

Alcochol is an example of qualified available market because it created a situation which only allow consumers older than 21 to make a purchase.

Other example would be Waxing salon.  Large portion of waxing salons only allow female customers to purchase their service (since the workers are also females and feel uncomfortable to give their service to male customers.)

8 0
3 years ago
"Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are en
diamong [38]

Answer:

a. $112,000

b.    $7,500

Explanation:

(a) transferred out

Units transferred out are 100% complete for both materials and conversion costs, thus multiply the Total Cost per Equivalent units with the number of units transferred.

Cost of units transferred out = $8 × 14,000 units

                                               = $112,000

(b) in ending work in process

Units of ending work in process are 100% complete in terms of materials ( since materials are entered at the beginning of the process) whilst 25% complete in terms on conversion cost (applied uniformly during production).

Cost of ending work in process

Materials ($3 × 2,000 units)                  = $6,000

Conversion ($3 × (2,000 units × 25%)) =  $1,500

Total Cost                                               = $7,500

6 0
3 years ago
A _____________ team is made up of employees from the same hierarchical level but different work areas. They are typically broug
melisa1 [442]

A cross-functional team is made up of employees from the same hierarchical level but different work areas. They are typically brought together to accomplish a task.

Cross-functional teams are collections comprising personnel from various departments within the organization, such as marketing, production, sales, and customer engagement. These could be working groups in which each participant is a part both of their functioning team and the cross-functional team, or they could be the main organizational structure.

Different kinds of businesses have various approaches towards how cross-functional teams function. Simply by because of their size, entrepreneurs and small firms usually employ cross-functional teams. Given that they aren't large enough to establish different teams, the majority of projects or choices are made via collaboration between individuals with various areas of expertise.

Learn more about cross-functional teams here:

brainly.com/question/13369885

#SPJ4

3 0
10 months ago
​employers receive benefits from enriching employee's jobs. in one form of job enrichment, the employee is able to work from his
Tanzania [10]

The answer to this question is called telecommuting or remote working arrangement. Telecommuting occurs when the employee is allowed to work from home for a certain period of time, thus decreasing the amount of time the employee has to spend in the office.

This arrangement is beneficial to both the employer and employee since the employer can reduce real estate cost for the office while the employee can reduce the associated stress with commuting to work as well as the costs.

8 0
3 years ago
Other questions:
  • Mittelstaedt Inc., buys 60 percent of the outstanding stock of Sherry, Inc. Sherry owns a piece of land that cost $207,000 but h
    15·1 answer
  • An automobile dealer expects to sell 900 cars a year. The cars cost $9000 plus a fixed charge of $1000 per delivery. If it costs
    5·1 answer
  • When the current price of an item is greater than the item's market clearing price:_________.
    10·1 answer
  • What kind of technology refers as local technology or indigenous technology ?​
    14·1 answer
  • What kinds of decisions should members of congress be willing to anger their party leadership over? on what kinds of issues or d
    9·1 answer
  • What did the economist A.C. Pigou think the relationship was between advertising and monopolistic competition? A.C. Pigou though
    8·1 answer
  • Time Remaining 1 minute 56 seconds00:01:56 Item 1Item 1 Time Remaining 1 minute 56 seconds00:01:56 You Save Bank has a unique ac
    7·1 answer
  • Selected accounts with amounts omitted are as follows: Work in Process Aug. 1 Balance 268,300 Aug. 31 Goods finished 168,800 31
    8·1 answer
  • There are a couple of questions in this:
    11·1 answer
  • Dollar General sells convenience items such as light bulbs, laundry detergent, and milk at a lower price than a customer pays at
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!