Answer: $1,260 Favorable
Explanation:
Material usage variance = (Standard quantity of materials actually produced - Actual quantity of materials actually produced) * Standard price of material
= [ ( 4 * 6,300 ) - (3.9 * 6,300) ] * 2
= [ 25,200 - 24,570 ] * 2
= 630 * 2
= $1,260 Favorable
<span>efficiency, waste of movement</span>
Answer:
C- The term structure of interest rates and the time to maturity are always directly related
Explanation:
The term structure of interest rates represents the relationship that exist between interest rates and different terms (maturities). When it is graphed, the term structure receive the name of "yield curve".
Generally, yields increase at the same time maturity does it, this create an upward-sloping yield curve or a normal yield curve. But occasionally, long term yield can fall below short term yields, and this create an inverted yield curve that is regarded as it a recession is likely occurring or approaching.
Answer:
$9,200
Explanation:
The computation of the total factory overhead cost is shown below:
= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment
where,
Indirect materials cost is $1,800
Indirect labor cost is $4,800
And, the Maintenance of factory equipment is $2,600
So, the total factory overhead cost is
= $1,800 + $4,800 + $2,600
= $9,200
As we know that the factory overhead records all the indirect cost related to the factory and the same is to be considered
