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sesenic [268]
2 years ago
12

Ceramics produces large planters to be used in urban landscaping projects. A special earth clay is used to make the planters. Th

e standard quantity of clay used for each planter is 19 pounds. The company uses a standard cost of $ 2.05 per pound of clay. Dolphin produced 4,250 planters in May. In that​ month, 85,000 pounds of clay were purchased and used at the total cost of $ 170,000.
Requirements:
1. Calculate the direct material price variance.
2. Calculate the direct material quantity variance.
Business
1 answer:
sergejj [24]2 years ago
7 0

Answer:

NERD

Explanation:

pls no nerds if u read this you are gay

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he following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland. It reports t
deff fn [24]

Answer:

$7,000

Explanation:

The computation of the amount of purchasing department allocated to assembly department is shown below:

= Total  purchasing department cost × number of purchase order  ÷Total numbers of purchase orders in overall operating departments

= $35,000 × 4 ÷ 20

= $7,000

The 20 number of purchase orders is come from

= 16 + 4

= 20

We simply applied the above formula

7 0
2 years ago
Blaylock Company wants to buy a numerically controlled (NC) machine to be used in producing specially machined parts for manufac
Elodia [21]

Answer:

2.56 years

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

payback period = amount invested / cash flows

cash flows = $510,000 - $360,000 = $150,000

$384,000 / $150,000 = 2.56 years

7 0
2 years ago
Clive's manager appointed him to lead the marketing group because Clive emerged as a natural team leader in a previous assignmen
Bezzdna [24]

Answer:

The correct answer is: formal .

Explanation:

The informal leader is defined as the one who influences other members of a work group or team; In most cases, they are not recognized by the formal power structure, nor do they receive extra compensation or benefit, nor do they have formal interference to fire or hire staff. They are individuals who, without the formal title or authority, act as defenders of the organization and raise their contribution and that of others through influence, knowledge, expertise and relationship building; acting generally? Below the water? as facilitators and motivators.

Within the group they play a decisive role in its effectiveness, due to its influence on the beliefs and expectations of its members, by setting goals and feedback. In addition, the informal leader maintains a reliable reputation as a source of reliable information, since it is the same group members who give them authority.

They use their influence to shape strategies, establish basic norms and values, allocate resources, coordinate intergroup efforts and negotiate with individuals outside the group. They learn to unite different groups of people with common interests or networks, while fostering and cultivating relationships within and outside the group. Not only do they create networks, but they become catalysts for others to form new communities throughout the organization.

5 0
2 years ago
Imagine that you are holding 5,000 shares of stock, currently selling at $40 per share. You are ready to sell the shares but wou
Bess [88]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
2 years ago
Pension data for the Ben Franklin Company include the following for the current calendar year: Discount rate, 10% Expected retur
densk [106]

Answer:

A. $250,900

B. Dr Pension expense $250,900

Dr Net gain–pensions $4,700

Cr Pension asset $228,600

Cr Prior service cost $27,000

Dr Pension asset $ 227,000

Cr Cash $ 227,000

Explanation:

A. Calculation to determine the pension expense for the year

Service cost $270,000

Add Interest cost (10% x $1,470,000) $147,000

Less Expected return ($188,400 )

(12%*1,570,000)

Add Amortization of prior service cost $27,000

)

Less Amortization of net gain($4,700)

Pension expense $250,900

Therefore pension expense for the year will be $250,900

B. Preparation of the journal entries to record pension expense and funding for the year)

Dr Pension expense $250,900

Dr Net gain–pensions $4,700

Cr Pension asset ($270,000 + 147,000 – $188,400) $228,600

Cr Prior service cost $27,000

Dr Pension asset $ 227,000

Cr Cash $ 227,000

7 0
2 years ago
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