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
atroni [7]
2 years ago
10

Michael Corporation manufactures railroad cars, which is its only product. The standards for the railroad cars are as follows:

Business
1 answer:
Fittoniya [83]2 years ago
6 0

Answer:

Direct material quantity variance= $850 unfavorable

Explanation:

Giving the following information:

Standard tons of direct material (steel) per car 4

Standard cost per ton of steel $ 17.00

During March, the company produced 1,650 cars.

Actual materials purchased and used (tons) 6,650

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

<u></u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (4*1,650 - 6,650)*17

Direct material quantity variance= $850 unfavorable

You might be interested in
Pull dates indicate the last day a product should be sold.From the items listed, which one is most likely to have a pull date?
AlladinOne [14]
Hello M5irenflorevert,
I would say bread because it is the most perishable food on that list.
Even after a few days it can get crusty and nasty.
~Naterator
Please Thank If This Helped <3
3 0
3 years ago
Read 2 more answers
The budget for making the movie The Twilight Saga: New Moon was one-fifth the budget for making Harry Potter: The Half Blood Pri
sergey [27]

Answer:

The budget for The Twilight Saga: New Moon = $50 million

Explanation:

Let the budget for Twilight Saga: New Moon = T

Let the budget for Harry Potter: The Half Blood Prince = H

We are given the following:

T=\frac{1}{5}H (The budget for Twilight Saga is one-fifth the budget for Harry Potter)

Cross multiplying the equation

5T = H  - - - - (1)

H + T = 300,000,000 - - - - - (2) (Together the budgets totaled $300 million)

Next, let us substitute the value of H in equation (2) with equation (1)

(5T) + T = 300,000,000

6T = 300,000,000

T = \frac{300,000,000}{6} \\T = 50,000,000

Therefore, the budget for The Twilight Saga: New moon = $50,000,000

And the budget for Harry Potter: The Half Blood Prince = $250,000,000

8 0
3 years ago
The kenosha company has three product lines of beer mugslong dash​a, ​b, and clong dashwith contribution margins of $ 5​, $ 4​,
Tema [17]

Answer:

break even point in units:

  • a = 11,700
  • b = 46,800
  • c = 35,100

Explanation:

beer mugs          contribution margin         expected sales

a                                $5                                   25,000

b                                $4                                  100,000

c                                $3                                   50,000

fixed costs = $351,000

if the sales proportion remains the same, we can assume a bundle of products = 1a + 4b + 3c (1 for every 25,000 units) whose contribution margin = $5 + $16 + $9 = $30

break even point = fixed costs / bundle's contribution margin = $351,000 / $30 = 11,700 bundles

break even point in units:

a = 11,700

b = 11,700 x 4 = 46,800

c = 11,700 x 3 = 35,100

3 0
3 years ago
Which of the following is NOT one of the 5 typical sources of competitive pressures? Select one: a. The power and influence of i
allochka39001 [22]

Answer:

a. The power and influence of industry driving forces

Explanation:

As per Michael Porter, there exist five competitive forces that influence competition in an industry. The five forces as per Porter are:

  • Potential entrants
  • Industry competitors
  • Customers
  • Substitutes
  • Suppliers

Potential entrants refers to the risk of new entrants in the market.

Industry competitors refers to the extent of rivalry and competition between existing firms.

Customers relate to the negotiating or bargaining power of the customers and to what extent they exercise such power.

Substitutes refer to the emergence of substitute products in the market which may drive down a firm's sales.

Suppliers relate to the bargaining power exercised by suppliers with respect to inputs.

7 0
3 years ago
If a bank uses $100,000 to purchase a building for $80,000 and equipment for $10,000, the balance sheet at the end of the transa
grigory [225]

Answer:

cash = $10,000, property assets = $90,000, and stock shares = $100,000.

Explanation:

4 0
2 years ago
Other questions:
  • HELP I AM CONFUSED!!!
    9·1 answer
  • Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she
    12·1 answer
  • Which element of the marketing mix is the most visible and flexible?
    8·1 answer
  • KAM Corp. has identified two sets of codes for its employees—a code of conduct that all employees are expected to follow in acti
    14·1 answer
  • You have a better chance at success in the business world when your interest and personality match the career choice. True False
    8·2 answers
  • Which strategy is most likely to help a person gain confidence?
    6·2 answers
  • Assume you had invested $1,000 in a lawn mower to set up a lawn mowing business for the summer. During the first week, you could
    13·1 answer
  • Who wants to talk??? :)
    15·2 answers
  • From the following ledger balances, prepare a trial balance for the Whispering Winds Corp. at June 30, 2022. All account balance
    7·1 answer
  • The quantity supplied for sugar has decreased due to a change in price. How would this change in quantity supplied be represente
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!