Answer:
The direct materials flexible budget variance for ammonia is $7,000 Unfavorable
Explanation:
In order to calculate the direct materials flexible budget variance for ammonia first we need to Calculate Direct Material Price Variance as follos:
Direct Material Price Variance = Actual Material Purchased(Actual Rate - Standard Rate)
Direct Material Price Variance = 1,400 * ($1.50 - $1.00)
= $700 (Unfavorable)
Therefore, in order to calculate the Direct Material Flexible Budget Variance we would have to use the folloiwng formula:
Direct Material Flexible Budget Variance = Direct Material Price Variance + Direct Material Quantity Variance
Flexible Budget Variance for Ammonia = $700 (U) + $6,300 (U)
= $7,000 (Unfavorable)
The direct materials flexible budget variance for ammonia is $7,000 Unfavorable
Answer:
$10,000.
The investment is written down to fair value, and the impairment loss is recognized in net income.
Explanation:
Given that
Purchase value of the bond = $100,000
Decline value = $70,000
Decrease in fair value = $30,000
Credit losses = $10,000
Non credit losses = $20,000
Based on the above information, the before tax net income for year 2016 is reduced by $10,000 as Nicholds wants to hold the bond till maturity date. So the non credit part of decrease in fair value would not be adjusted
Therefore only credit losses should be relevant
As it is mentioned in the question that the debt investment fair value is to be considered as an available-for-sale investment and viewed as an other than temporary therefore the written down of investment to fair value and the loss of impairment should be recorded in the net income
It will give them a more developed country and a greater potential for increased industrialization.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable costs of $2.25 per unit.
X= 10,000 + 2.4*x
Y=9000 + 2.25y
We will suppose 5 levels of production
1 units, 1000 units , 5550 units, 20,000 units, 110,111 units.
1 unit:
X= $10,002.4
Y= $9,002.25
1000 units:
X= $12,400
Y= $11,250
5550 units:
X= $23,320
Y= $21,487.5
20,000 units:
X= $58,000
Y= $54,000
110,111 units:
X= $274,266.4
Y= $256,749.75
Process Y has a lower fixed cost and a lower variable cost. In all quantities of production, it will present a lower total cost compare to Process X.
