A person who can afford a monthly payment of and signs a loan

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed wh

Genrish500 [490]

Answer:

c. $1,740 F

Explanation:

The $\text{material quantity variance}$ is the measure of the $\text{difference}$ between the amount of materials that is used in actual for the production process and the amount of the material that was expected or estimated to be used in the production process.

It is given that the Snuggs Corporation applies the variable overhead on direct labor hour basis.

Therefore, the SQ = 2.8 ounces per unit x 1100 units = 3080 ounces

The materials quantity variance = (AQ - SQ) x SP

= (2790 ounces - 3080 ounces) x $ 6 per ounce

= (-290 ounces) x $ 6

= $ 1740 F

4 0

3 years ago

The following data is available for Blaine Corporation at December 31, 2012: Common stock, par $10 (authorized 25,000 shares) $2

uysha [10]

Answer:

a) b.20,000

b) b.20,000

Explanation:

a) Number of common stocks issued = 200,000/10

= 20,000

So, 5000 stocks remain with company.

Number of common stocks outstanding = 20000

b) b. 20,000

7 0

3 years ago

Explain how changes in interest rates and rates of return on various investment options will affect the amount of money that bus

Paul [167]

Answer:

Interest rates represent the opportunity costs of investors. If the interest rates are too high, then the opportunity cost of making an investment increases, since the investor could simply decide to purchase Treasury Bonds, corporate bonds, or put the money on a CD. As interest rates increase, total output decreases since investment in new projects decreases.

On the other hand, if interest rates lower, the opportunity cost of investors decrease. Investors will be willing to invest in new projects instead of purchasing Treasury Bonds, corporate bonds, or put the money on a CD. As interest rates decrease, total output increases since investment in new projects increases.

Explanation:

4 0

3 years ago

Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,200, $11,200, and

Serggg [28]

Answer:

$27,965.4393

Explanation:

Given:

Cash flow for first year (C1) = $6,200

Cash flow for second year (C2) = 116,200

Cash flow for third year (C3) = $17,400

Rate of return = 10% = 10/100 = 0.1

Computation of total price :

Total Price = $\frac{C1}{(1+r)^1} +\frac{C2}{(1+r)^2} +\frac{C3}{(1+r)^3}$

$Total\ price = \frac{6,200}{(1+0.1)^1} +\frac{11,200}{(1+0.1)^2} +\frac{17,400}{(1+0.1)^3}\\\\Total\ price = \frac{6,200}{(1.1)^1} +\frac{11,200}{(1.1)^2} +\frac{17,400}{(1.1)^3}\\\\Total\ price = \frac{6,200}{(1.1)} +\frac{11,200}{(1.21)} +\frac{17,400}{(1.331)}\\\\Total\ price = 5,636.36364 + 9256.19835 +13,072.8775\\\\Total\ price = 27,965.4393\\\\$

Therefore, Marko Inc. will pay $27,965.4393

8 0

3 years ago

In a free market society, what are some things the government has to do because the market won’t?

kompoz [17]

Answer:

Intervene to protect the nature and the environment: government has to play an active role in preserving the nature from the industrial activities.

Protection of consumers and customers from malicious business activities.

Establishing a proper legal framework for the enterprises to operate under a healthy competition.

Establishing required antitrust laws to prevent unjust monopolies from taking over industries.

To enact labour laws and necessary regulations to regulate the labour market.

Explanation:

4 0

3 years ago