All categories

3 years ago

Silmon Corporation makes a product with the following standard costs:

Business

1 answer:

kolbaska11 [484]3 years ago

5 0

Answer:

Material quantity variance =$74, 280 unfavorable

Explanation:

The material quantity variance occurs when the actual quantity of material used to achieve a given level of output is more or less than the standard quantity expected.

For Silmon Corporation, it can be computed as follows:

Quantity variance is

Gram

5,300 units should have used ( 5300× 5.1 ) 27,030

but did used 39,410

Variance in quantity 12,380 Unfavorable

Price per unit × $6

Material quantity variance $ 74,280. Unfavorable

Material quantity variance =$74, 280 unfavorable

You might be interested in

True or False: Market segmentation is the process of dividing the market into groups of customers based on their needs, wants, a

nalin [4]

Answer:

true

Explanation:

Market segmentation is the process of dividing prospective consumers into different groups depending on factors like demographics, behavior and various characteristics.

3 0

2 years ago

Suppose that government officials have set an emissions tax to reduce pollution. Assume that the optimal tax would be $1,500, bu

Mariulka [41]

Answer: there will be too much pollution

Explanation:

From the question, we are informed that government officials have set an emissions tax to reduce pollution and that the optimal tax should have been $1,500 but government officials have set the tax equal to $500.

It should be noted that due to the fact that the optimal tax has been set below the equilibrium, this will lead to a rise in pollution as the people will be aware that they're paying less than the optimal level which will lead to more pollution. An increase in the optimal tax will have help in reducing the pollution.

8 0

2 years ago

Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s

exis [7]

Answer: The invisible hand

Explanation: Invisible hand can be defined as those unobservable market forces which helps the forces of demand and supply to reach to an equilibrium level.

In the given case, Daniel is giving work to local suppliers and jobs to residents as well as producing demand in the market by its products, thus, we can conclude that the given case is an example of invisible hand.

5 0

3 years ago

Read 2 more answers

At the end of 2001, Lehnhoff Inc. had $75 million in cash on its balance sheet. During 2002, the following events occurred: The

Zepler [3.9K]

Answer:

The multiple choices are:

a. $200 Million

b. $50 Million

c. $1.4 Billion

d. $100 Million

The correct option is A,$200 million

Explanation:

The increase in cash recorded from the statement of cash flows prepared in the year plus the opening balance of cash at the beginning of the year gives the cash balance at the end of the year shown below:

Increase in cash in the year=cash flow from operations+cash flow from financing activities-cash flow used on investing activities

increase in cash in the year=$325+($500-$100)-$600=$125 million

cash at the end of the year=$125 +$75=$200 million

6 0

3 years ago

Simplify the expression. 6(7 – 5) + 8

Nataliya [291]

Answer:

The answer is 20

Explanation:

4 0

2 years ago

Read 2 more answers