Answer:
-$4,000 unfavourable
Explanation:
The sales volume variance is calculated as ;
= (Actual sales units - Estimated sales units) × Estimated selling price.
Given that;
Actual sales units = 8,000
Estimated sales units = 10,000 units
Estimates selling price = $2 per unit
Therefore,
Sales volume variance = (8,000 - 10,000) × $2
Sales volume variance = -$4,000 unfavourable
Answer:
78,100 units
Explanation:
Calculation for the number of equivalent units produced by Department B
Using this formula
Department B Number of equivalent units =
Units finished and transferred from Department B to Department C + (Units that were started in Department B × Percentage completed)
Let plug in the formula
Department B Number of equivalent units= 67,000 units + (18,500 units × 60%)
Department B Number of equivalent units= 67,000 units + 11,100 units
Department B Number of equivalent units= 78,100 units
Therefore The number of equivalent units produced by Department B during the period was 78,100 units
Answer:
The question is missing the below options:
A. par value
B. par value less a discount
C. par value plus a mark-up
D. par value plus a commission
The correct option is A, par value
Explanation:
Securities such as the Federal Farm Credit System bonds are usually sold to the public through a chain of issuing houses consisting of bank and brokers who traditionally sell to the public at par value.
The consequence of selling at par is that these issuing houses charge a percentage of par value as their commission before remitting the balance to the beneficiary of bonds issuance.
In other words, the agency issuing the bonds must consider the commission payable before deciding on the bonds to be issued.
Answer:
Yes
Explanation:
Yes, this concept is an example of supply and demand. When there is a limited supply of a product like the soft drinks in the vending machines then the price would match the number of people that want to buy the product. If in a very hot day more people want to buy a soft drink to cool down then the supply will begin to decrease as more people buy, this will create an increase in price as people would be ok with paying more money in order to be one of the lucky few to get one of the few soft drinks that are left.