answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elden [556K]
2 years ago
5

A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If

12,000 units of product were produced last month and 37,500 pounds of direct materials were used, the direct materials quantity variance was
Business
1 answer:
lara [203]2 years ago
5 0

Answer:

7,500 Unfavorable

Explanation:

Standard rate = $5 per pound

Actual quantity = 37,500 pounds

Direct labor quantity variance:

= Standard rate × (Standard quantity - Actual quantity)

= 5 × [(12,000 units × 3 pounds) - 37,500 pounds]

= 5 × [36,000 pounds - 37,500 pounds]

= 5 × 1,500

= 7,500 Unfavorable

Therefore, the direct materials quantity variance was 7,500 Unfavorable.

You might be interested in
Mr. Crane is the manager of a video production company. To maximize efficiency, he assigns associates to departments (e.g. film
frez [133]

Answer:

Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.

Explanation:

Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.

Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:

  • Operational time (Are Associates working long hours?)
  • Pay and compensation (Are they paid less than market rates?)
  • Training and learning opportunities
  • Traditional and sport actions to keep staffs involved
  • Inspiration from leaders

Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.

8 0
2 years ago
Colgate reported Diluted EPS of $2.38 in accordance with GAAP. How much higher would EPS be if Colgate ignored the impact of res
Fantom [35]

Answer:

EPS will be higher than $2.38

Explanation:

The earnings per share are the income that is accessible to the company's shareholders after all the costs and taxes are deducted. Restructuring costs are one-time costs that are recorded in the income statement as other operating expenses.

The presence of restructuring and other one-time costs in the Revenue Statement leads to lower pre-tax earnings and cause decrease in net profit. When these expenses are excluded, the Earning would increase, resulting in the company's EPS.

4 0
2 years ago
You are doing a sales presentation for Ms. Duarte and her son. Ms. Duarte has some cognitive impairment and her son informs you
Jet001 [13]

Answer:

Yes he can execute the enrollment for her

Explanation:

The power of attorney is a legal document that given the authority to act in place on another person. It can be represented on behalf of other people so that the act could be done.

Here the individual can act legal with respect to the financial issue, property matters, etc

Therefore according to the given situation yes he can be executed

4 0
2 years ago
For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900,
weqwewe [10]

Answer:

Explanation:

As we know that time interest earned ratio = Income before interest and taxes / interest expense.

Sales                                                                                           = 546000

less: cost of goods sold                                                            =  (<u>244410</u>)

            Gross profit                                                                       301590

Less: <u>expenses</u>

          Depreciation expense                                                      =( <u>61900   </u>)    

         Profit before interest and taxes                                         239690

Less: tax

      (239690 * 23%)                                                                =   (<u>55128</u>)            

                         Profit                                                                   184562

Profit - Retained earning Addition  = Interest

      184562 - 74300 = 110262.

Interest earned ratio = 239690 / 110262 = 2.17 times  

3 0
2 years ago
Alex and bailey opened a dance studio together as general partners. they each invested $10,000 of their personal savings. after
Ivahew [28]

Since Alex and Bailey are partners and they will be shutting down the partnership. the debts should be settled by both. they will have to sacrifice their personal assets in doing so

7 0
2 years ago
Other questions:
  • Imagine that you work at a store which sells computer components and you have been made the facilitator of a group whose long te
    9·2 answers
  • The Brazilian economy is growing at a 6% annual rate in real terms. The Bank of Brazil is expanding its monetary base (e.g., mon
    11·1 answer
  • The following information was taken from the accounting records of Gorky Corporation for the year ended December 31, Year 1: Cas
    6·1 answer
  • It is the beginning of the football season for the local college team. Martha redecorates the Coffee Collective with a theme tha
    10·1 answer
  • Assume you can currently exchange one U.S. dollar for one hundred Japanese yen. Also assume the inflation rate will be 2.5 perce
    14·1 answer
  • Which of the following statements correctly compares/contrasts economies of scale and economies of scope?a) economies of scale r
    11·1 answer
  • Daryl wishes to save money to provide for his retirement. He is now 30 years old and will be
    15·1 answer
  • Greene Corporation Balance Sheets At December 31
    10·1 answer
  • The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June,
    5·1 answer
  • Question 1 Multiple Choice Worth 10 points)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!