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
Brilliant_brown [7]
3 years ago
9

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:

<em>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.</em>

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                                                                    <u>39,410</u>

Variance in quantity                                                      12,380 Unfavorable

Price per unit                                                              <u> × $6</u>

Material quantity variance                                         <u> $ 74,280</u>. Unfavorable

   

Material quantity variance =$74, 280  unfavorable                                  

You might be interested in
Question:
valina [46]

Answer:

Explanation:

The journal entries are shown below:

1. Purchase A/c Dr $8,500

       To Accounts payable A/c $8,500

(Being purchase of inventory is made on credit)

2. Freight-in A/c Dr $45

         To Cash A/c $45

(Being freight charges is paid for cash)

3. Purchase A/c Dr $11,985

       To Accounts payable A/c $11,985

(Being purchase of inventory is made on credit)

4. Account payable A/c Dr $20,485     ($8,500 + $11985)

         To Cash A/c $20,280.15

         To Purchase discount A/c 204.85   ($20,485 × 1 %)

(Being the payment is recorded)

6 0
3 years ago
A loan of $5,000 is charged a 12% annual interest rate. An $80 payment is made each month. a. Write a recurrence relation for th
klemol [59]

Answer:

$4163.57

Explanation:

Please see attachment

7 0
3 years ago
"Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of
Vedmedyk [2.9K]

Answer:

<u>Variety seeking </u>

Explanation:

Variety seeking buying behavior refers to consumer behavior wherein, a consumer seeks different kinds of goods and substitutes and prefers variety rather than sticking to one particular product.

Variety seeking consumers don't mind switching from one product to another since they tend to get bored quickly by consuming the same product time and again. Such consumers lack product loyalty and don't forge high involvement or association with any product.

Such behavior is prominent in case of products which don't have significant differences in the quality.

In the given case, Jason has been drinking a particular soda brand for a considerable length of time. Yet, when a new brand emerges and gains popularity, for no valid reason he wants to give it a try. This behavior is variety seeking behavior.

6 0
3 years ago
The new chief information officer of a national fast food chain is using mathematical tools to aid in product ordering and sched
kkurt [141]

Answer:

behavioral science                

Explanation:

In simple words, Behavioral sciences investigate neural mechanisms within humans, and interpersonal connexions in the surrounding environment within species. It includes the comprehensive examination and evaluation of people and animals behaviour by either the study of history, present-day regulated and metaphysical experience, and <em>structured experimental research and mathematical modelling.   </em>

3 0
4 years ago
Some people include a letter of last instruction in their estate planning. What is likely TRUE about this letter?
iVinArrow [24]

Answer:

C

Explanation:

A Letter of Last Instruction (LOLI) serves to give family important information such as where the person wants to be buried, instructions for any pets, or location of important legal documents.  

Side note: this is not a will, and should not be used as a substitution for one. A will is a legal document, a LOLI is not.

Hope this helps! Let me know if you have any further questions about my response.

3 0
3 years ago
Other questions:
  • Assume kia has developed a new product idea to launch a midsize pickup. currently, kia is developing a prototype and working on
    13·1 answer
  • A North Face retail store in Chicago sells 500 jackets each month. Each jacket costs the store $100 and the company has an annua
    6·1 answer
  • Two supervisors, Justin and Sean, are given instructions to trim their group size by two people. Justin's personality tends to f
    14·1 answer
  • In product screening, issues such as "Will we need new facilities and equipment?" and "Can material for production be readily ob
    5·1 answer
  • What are some visa credit card examples
    14·1 answer
  • A contract in which an owner provides a user the right to use an asset in return for periodic cash payments over a period of tim
    6·1 answer
  • Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.
    14·1 answer
  • Candace works in the traffic division for the city of boston. she is an organized, pleasant person known for her ability to anal
    10·1 answer
  • Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell
    11·1 answer
  • It is more useful to compare a company's inventory turnover with its own results from prior periods than with other companies' r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!