Answer:
Direct material quantity variance= $840 unfavorable
Explanation:
Giving the following information:
Dorsey Corporation Company budgeted 600 pounds of direct materials costing $28.00 per pound to make 7,000 units of product.
The company used 630 pounds of direct materials to make the 7,000 units.
To calculate the direct material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (600 - 630)*28
Direct material quantity variance= $840 unfavorable
Answer:
hope it helps
Explanation:
A Financial Manager, or Finance Manager, builds financial strategies and reports to help companies improve their financial health and meet their long-term goals. Their main duties include preparing an organizations’ activity reports, creating financial forecasts and brainstorming ways to maintain or reduce company costs
Answer:
15,684.97 units
Explanation:
Given that
Initial investment = $229,700
Project life = 4 year
Fixed cost = $66,800
Price variable cost = $5.07
Selling price = $12.99
Variable costs = $5.07
The computation of break-even point is shown below:-
Depreciation = Initial investment ÷ Project life
= $229,700 ÷ 4
= $57,425
Break even point = (Fixed cost + Depreciation) ÷ (Price variable cost)
= ($66,800 + $57,425) ÷ ($12.99 - $5.07)
= 15,684.97 units
The project manager in this example is gathering the resources he needs to accomplish his goals and distributing work to them. Thus, he is involved in the <u>organizing</u> function of management.
<h3>
Who is a project manager?</h3>
- A project manager is a specialist who plans, organizes, and carries out projects while adhering to constraints like budgets and timelines.
- Project managers oversee entire teams, establish project objectives, interact with stakeholders, and see a project through to completion.
- The project manager is in charge of making a project successful or unsuccessful, whether it be conducting a marketing campaign, building something, creating a computer system, or introducing a new product.
- In almost every industry, project managers are in high demand. Let's explore what project managers do in more detail, why project management is a good career choice, and how to get started.
To learn more about project manager with the given link
brainly.com/question/15404120
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Answer:
Explanation: Absorption Costing is the accepted method of of product costing because it takes into account all costs related to the production which includes all variable and fixed costs.
Using the absorption costing method, all normal manufacturing costs are treated as product costs and subsequently included as inventory in the financial statements. All Inventory costs are reflected in the income statement and the balance sheet.
while the use of variable costing method is not accepted because it only considers the variable costs, direct material and direct labour and leave out all fixed costs which is not accepted by GAAPS.
