Answer:
$7,140 unfavorable
Explanation:
The computation of the materials quantity variance for March is shown below;
We know that
Material Quantity Variance = Standard rate × ( Standard Quantity for actual production - Actual Quantity Used)
=$5.25 × ([4,800 units × 1.5 pounds per unit] - (10,700 - 2,140)
=$5.25 × (7,200 pounds - 8,560 pounds)
= $7,140 unfavorable
Answer:
Option A is correct.
The required rate of return for the bond that PUMP managers are considering is <u>1.46%</u>
Explanation:
Required rate of return for the bond that PUMP managers are considering is 1.46%. Because, currently, the yield on a U.S. Treasury bond with about 10 years to maturity is 1.46%. same type of bond yielding is 1.46%.
Answer:
The difference in tax to be paid between the two methods is $455
Explanation:
In this question, we are asked to calculate the difference in tax for the LIFO and FIFO method.
The matter of importance here is that the tax rate is 35%. We proceed as follows:
For the FIFO income, the tax rate is 35% of 8,600 = 35/100 * 8600 = $3010
For the LIFO method, the tax rate is 35% of $7,300 = 35/100 * 7,300 = $2,555
The difference in tax that would be paid between the two methods is 3010-2555 = $455
Answer:
A) Offering 1/2 price discounts through Costco.
Explanation:
Probably the most commonly used and most effective sales promotion is to offer a discount to your products or services. Everyone loves the idea of paying less for a product they need or want. But there is a catch with this type of activity, you shouldn't do it very often. If discounts are offered on a regular basis, then customers will tend to purchase the product only when a discount is available.
Answer:
workings. Number of units sold: 240. Fixed costs: £1 100. Variable costs per unit: 45 pence. (2) ... You are advised to show your workings. (2). (Total for question = 2 marks). Q6 ... Table 1 contains information about a small business for one month. ... Using the information in Table 1, calculate the profit for this business. You ...
Explanation:
