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Nimfa-mama [501]
3 years ago
5

The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 12,000 pounds of dir

ect material with a standard cost of $14 per pound to produce 14,000 units of finished product. Armstrong actually purchased 24,000 pounds and used 15,000 pounds of direct material with a cost of $30 per pound to produce 14,000 units of finished product. Given these​ results, what is​ Armstrong's direct material price​variance?
a. $234,000 unfavorable
b. $156,000 unfavorable
c. $234,000 favorable
d. $156,000 favorable
Business
1 answer:
quester [9]3 years ago
4 0

Answer:

A. $234,000 unfavorable

Explanation:

Calculation to determine Armstrong's direct material price variance

Using this formula

Direct material price variance=[(Standard cost-Actual cost)*Actual quantity]

Let plug in the formula

Direct material price variance=[($11-$24)*18,000)

Direct material price variance=$13*18,000

Direct material price variance=$234,000 Unfavorable

Therefore Armstrong's direct material price variance is $234,000 Unfavorable

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A landlord entered into a written lease of a bakery for a term of 25 years with a baker. The parties agreed to a right of first
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In the given scenario; "Yes, the chocolatier enforce the option because the option touches and concerns the leasehold estate".

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Jurisdiction is a phrase that refers to a court's power or authority to hear a matter. The ability of federal and state courts to hear cases is governed by both federal and state statutes, as well as the Constitutions of the United States and each individual state.

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8 0
2 years ago
Sunny Corporation began the year with cash of $ 142 comma 000 and land that cost $ 47 comma 000. During the year Sunny earned se
Dmitry [639]

Answer:

How much net income​ (or net​ loss) did Sunny experience for the​ year?

Net loss 6000

Explanation:

Cash 142.000

Land 47.000

 

Revenue    285.000

Salaries          185.000

Rent            81.000

Utilities            25.000

Net loss     -6.000

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4 years ago
Jay, a single taxpayer, purchased an annulty to help provide income during his retirement. He paid $36,000 for the annuity that
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Answer:

d. All of the last 12 payments he received are taxable.

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Therefore the option d is correct

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3 years ago
A manager in an entrepreneur role manages diversity in an organization by A. taking quick action to correct inequalities and cur
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Answer:

B) committing resources to develop new ways to effectively manage diversity and eliminate biases and discrimination.

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The main characteristic of an entrepreneur is that he/she is extremely capable of allocating and committing resources to solve existing problems. So the best way an entrepreneur manager will deal with diversity within an organization is by committing and assigning resources to effectively manage diversity issues and eliminate any related problem.

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