April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 60,000 feet of raw material for $240,000, and it takes 5 feet of raw materials to produce one park bench. In August, the company produced 10,000 park benches. The standard cost for material output was $100,000, and there was an unfavorable direct materials quantity variance of $5,000.


A. What is April Industries’ standard price for one unit of material?

B. What was the direct materials price variance for August?

Answers

Answer 1

(a) $100,000/10000 = $10

(b)

actual price to produce 1 park bench

= ($240,000/60,000) x 5 = $20

so the direct material price variance in august

= (10-20) x 10,000 = - $100,000


Related Questions


Please help will mark BRAINLIST

Answers

Answer:

D. mixed, market

Explanation:

Answer:

A

correct me if I'm wrong


Please help in one minute will mark BRAINLIST

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Answer:

A, B

Explanation:

Might be wrong, there is no guarantee

PLEASE HELP WILL MARK BRAINLIST

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A they earn a higher salary

The knowledge and skills of people increase.

(Principles of management is the class I am taking )

What is a management control system? give a example

Answers

A management control system gathers information used to evaluate the performance of:

HumanPhysicalFinancialOther organizational resources.

What is a management control system?

A management control system is a management technique that evaluates the achievement of performance goals in terms of:

ProductivityProfitabilityEfficiency.

Thus, a management control system gathers information used to evaluate the performance of human, physical, financial, and other organizational resources.

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1. Cash flows from __________ activities are the cash flows from transactions that affect the net income of a company.

a. operating
b. investing
c. financing
d. purchasing

Answers

The answer is a. operating

Please answer number 3 will mark BRAINLIST

Answers

Answer:b or d probably b

Explanation:

Reasoning

I’m going for a career in journalism what does journalism have you do

Answers

Inform or present information meaning facts or ideas

A firm's demand curve is P = 1 – 2Q. The firm has a current price of R1 000 and it sells 100 units per day. What is the firm's price elasticity of demand? 1. – 1 2. – 2 3. – 5.0 4. Given the information, it cannot be determined.

Answers

Assuming he firm has a current price of R1 000 and it sells 100 units per day. The firm's price elasticity of demand is -5.

Price elasticity of demand

Given:

P = 1 - 2Q

Hence:

Q = 0.5 - 0.5P

Price elasticity of demand (Ed)= -0.5×1000/100

Price elasticity of demand (Ed)= -5

Based on the above calculation the demand is elastic at the price of -5.

Therefore the firm's price elasticity of demand is -5.

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Which of the following people would not likely have an insurable interest in a
business owner's life?
O A. A spouse
O B. The owner's child
C. A friend

Answers

C a friend because they aren’t related to the owner

12.) A hypothetical condition would be employed in an assignment to

Answers

Answer:

n an appraisal assignment, a hypothetical condition is used when a property is appraised under a condition that is contrary to what is known by the appraiser to exist on the effective date of the assignment results.

Explanation:

explicate the irrelevance of learning styles

Answers

Learning styles are the best way to learn for a student has been debunked. However, learning styles are accepted in education as a way to promote the idea that student learns differently. Below is a further explanation.

The VARK Model

Education continues to promote learning styles as a way for teachers to support students and differentiate lessons. The multiple models related to learning styles, the VARK model is among the most widely used since it sufficiently addresses learner diversity and needs.

The VARK model stands for:

VisualAuditoryReading/WritingKinesthetic

Therefore, anything devoid of the above will be irrelevant.

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To slow down a high inflation rate, the Federal Reserve should use a(n) _____ monetary policy by _____bonds.

a. contractionary; purchasing
b. expansionary; purchasing
c. expansionary; selling
d. contractionary; selling

Answers

Answer: b

Explanation:

When would power of attorney be needed? A. when someone dies unexpectedly B. when a person is unable to manage their affairs C. when someone dies but there is no will and the estate must be managed D. when a living will is not in place and beneficiaries must be named

Answers

Answer:

B

Explanation:

Answer:

B. When someone is unable to manage their affairs

Explanation:

in preparation of the physical structure of the business, what are the task that an entrepreneur should perform?

Answers

Answer:

What I have to do in order to ensure that my business will move in the right direction? There are really different things that you will need to do for your business as entrepreneurial tasks on an everyday basis.

Some of them are predictable, but the real problem can be when you need to work on highly unpredictable tasks for your business. In such a case, you will need much harder efforts in order to ensure effective time management for yourself as an entrepreneur.

Because of that, I am using categorization in order to achieve some order in the chaos of entrepreneurial tasks.

When it comes to your entrepreneurial tasks, generally they can be classified in the following groups:

1. Tasks Related to Creativity and Ideation

The first category of your tasks as an entrepreneur are tasks related to creativity and ideation. Every business, absolutely every business will always need a new fresh or great ideas that can lead to innovation and improvement in their products or services they are offering on the market, in the processes and business models of their companies.

Although many do not put this as a separate category, I just want to emphasize this category taking into account the importance of these activities in terms of the increased business potential power of your company. Now, often times these tasks are not distinguished as a separate group or category of tasks because it is more difficult to manage the time in which they will perform as tasks.

When you will be more creative can’t be managed but you can only support the process. Therefore, you can’t tell that tomorrow from 9 am to 12 am you will be more creative and because of that, you will work on brainstorming creative business ideas. But, you can say that tomorrow on your agenda you will have the brainstorming session with your co-workers in order to generate ideas for something. It is better to have one such group work tasks on your agenda.

40 Tips to Brainstorm Business Ideas

2. Planning Tasks

The second category of tasks that you as an entrepreneur will need to do is planning tasks. These tasks represent the predecessors of other tasks that will need to be implemented.

Except for preparation of business plan and your personal plans, these group of activities can include research, analysis, testing, consulting and anything else that in some way will allow you to have a list of tasks that require implementation. So, creativity and ideation will lead to plans which undoubtedly should lead to the next set of tasks, and they are…

3. Implementation as Entrepreneurial Tasks

Implementation of your already prepared plans as a result of the earlier group of tasks. This category of tasks is simply doing the things for your company, or finishing planned tasks. Implementation is one of the most significant tasks and one of the most challenging as well. You should be able to handle the team and must have the right knowledge in managing projects as well. This is why some even take courses such as an online MBA for Canadians by JCU to develop their leadership and managerial skills.

87 Tips and Tricks on How to Become a Successful Entrepreneur

4. Monitoring and Controlling as Entrepreneurial Tasks

For successful work, there must be some kind of monitoring and controlling tasks for the implementation. This is the fourth category of tasks for you as an entrepreneur. Whether it comes to monitoring and controlling your personal work or the work of your employees, this category of tasks ensures that everything that was planned will be implemented as it was planned.

5. Communication as Entrepreneurial Tasks

And of course, the last group of tasks is the communication task. This category is one of the most constant categories, and therefore it will overlap with all the other categories that I have mentioned here. Communication is an essential category of things you will need to do that will provide the proper level of cooperation and improve the results of all other tasks.

Why do you think consistency is so important between the Loan Estimate and the Closing Disclosure?

Answers

Answer:

~Senpi boi here~

I think that the consistey is so important between the Loan Estimate and the Closing Disclosure is because this can help you understand all the costs involved in getting a mortgage and make it harder for lenders to take advantage of you. And to identify any discrepancies. Also the Loan Estimate shows what you may pay. The Closing Disclosure shows what you will pay.

(Hope this helps!)

In order to understand all the costs associated with obtaining a mortgage and to spot any differences, consistency between the Loan Estimate and the Closing Disclosure is crucial. The Closing Disclosure displays what you will pay, whereas the Loan Estimate displays what you might pay.

What is a loan estimate?

A loan estimate is a three-page document that provides clear explanations and information about house loans. In addition to making the information simple to understand, this standardization makes it simple to compare offers from different lenders and determine which one is giving you the best bargain.

A loan estimate that you obtain is good for 10 business days. Try to accept a loan offer within that time frame; if you take longer to decide, the lender might adjust the terms and provide a new loan estimate.

Before you identify the home you want to buy, you can and should receive a loan estimate, especially in a seller's market when buyers frequently need to move quickly to make a purchase offer. To make sure you can acquire financing, you should have mortgage preapproval and possibly even pre-underwriting.

What is closing disclosure?

The final conditions and costs of a mortgage, such as the home loan amount, interest rate, anticipated monthly mortgage payments, and closing costs, are detailed in a Closing Disclosure, a 5-page document. Homebuyers must get their Closing Disclosure from mortgage lenders at least three working days before their loan closes. One of the most significant pieces of papers you'll receive during the mortgage process is your Closing Disclosure, so carefully read it over.

The Loan Estimate, formerly known as a Good Faith Estimate, that you received when you first applied for your mortgage might be thought of as the final version of that document.

The Closing Disclosure form uses actual figures rather than the approximations from the Loan Estimate form for the fees you would pay for your mortgage. Because of this, you must carefully study this closure form and clarify any points you don't understand.

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According to the video, what are some challenges faced by Advertising and Promotions Managers? Check all that apply

angry customers
cost of ads
long hours
stressful deadlines

Answers

Answer:

long hours

stressful deadlines

Explanation:

mhm

Long hours and stressful deadlines are some challenges faced by Advertising and Promotions Managers. Thus, option C and D are correct.

What do advertising managers do?

Advertising managers oversee a company's advertising initiatives and work with staff to create innovative, dependable brand-specific advertising campaigns. They set project goals, collaborate with other personnel, oversee them, and monitor a project's progress and results. A manager of advertising generates interest among potential customers for a department, for the entire company, or for a specific project (account).

They work for media companies that offer advertising time or space, advertising agencies that create advertising campaigns for customers, and widely advertised companies. To come up with ideas for an advertising campaign, they work with sales employees and others, and they also manage the team that creates the advertising. Additionally, they meet with the finance division to create a budget and cost estimate.

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define tourism with complete sentences

Answers

Answer:

Tourism is a social, cultural and economic phenomenon which entails the movement of people to countries or places outside their usual environment for personal or business/professional purposes.

Explanation:

Answer:

Tourism is the use of travel for either pleasure or business to places foreign to the individual. It has created its own economy through the means of accommodations for visitors including things like shops, hotels, transportation services, etc.

What is the definition of a proprietorship? What is its major drawback?

Answers

Answer:

The definition of proprietorship is the state of owning a business or holding property. The major drawback or a proprietorship is that there is no separation assets and personal assets.

Which of the following is an example of an external compliance requirement?
A. Proper disposal of hazardous materials within a hospital
B. Placing company contact information on product labels
C. Supplying every donor with a financial statement
O D. Providing every customer in a store with a receipt of purchase

Answers

Answer:

a

Explanation:proper disposal of hazardous material in a hospital

Which processes would be conducted when marketing executives visit a select group of people and ask them about the product?

A. sampling and feedback

B. benchmarking and feedback

C. sampling and inspection

D. inspection and benchmarking

Answers

Sampling and feedback is the procedure used when marketing officials go to a certain group of individuals and inquire about the product. Therefore, option (A) is accurate.

Self-regulating systems have been there since antiquity, and by the 18th century, the concept of feedback was beginning to appear in economic theory in Britain. However, at that time, it was not acknowledged as an all-encompassing abstraction, and lacked a name.

A float valve, used to keep water at a steady level, was created in Alexandria, Egypt, around 270 BC and is the first artificial feedback mechanism known to exist.

This apparatus served as an example of the feedback principle: while the water level is low, the valve is opened, and as it rises, feedback into individuals the system causes the valve to close. As the water level changes, this then repeats itself in a circular pattern.

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What conclusion can be drawn about an organization that does not conduct market research?

Answers

Answer:

Sorry, but I cant tell you, you need to know

Explanation:

What is the definition of a proprietorship? What is its major drawback?

Answers

Answer:

is a business owned by one person who invest money, time and physical assets

What does the “R” in “HVACR systems” refer to?

Answer: Refrigeration

respiration

radiation

reflection

refrigeration

Answers

Answer:

The answer is refrigeration

The answer is refrigeration

what is cheese and why

Answers

Answer:

Food

Explanation:

Cheese is food, and its a great weapon :)

You must be mighty bored XD

Complete the following table of basic calculations. For Percent Contribution Margin, use MC. Round to table standard.



Price
Quantity Demanded
Total Revenue
Marginal Revenue
Variable Cost
Total Cost
Average Variable Cost
Marginal Cost
Profit
Percent Contribution Margin
18
600
10800

5210
5710
8.68

5090

17
a
11900
11
b
6140
8.06
4.30
5760
0.75
16
800
12800
9
6135
c
7.67
4.95
6165
d
15
900
13500
e
6700
7200
7.44
5.65
6300
0.62
14
1000
14000
5
7335
7835
f
6.35
6165
g
13
1100
14300
3
8060
8560
7.33
h
i
0.44
j
1200
14400
1
8900
9400
7.42
8.40
5000
0.30

Answers

The table shows that price of J will be $12, the quantity demanded of A will be 700, and the marginal revenue of E is 7.

How to calculate the values?

The price of J will be:

= Total revenue / Quantity demanded

= 14400/1200

= 12

The quantity demanded of A will be:

= Total revenue/Price

= 11900/17

= 700

The marginal revenue of E will be:

= (13500 - 12800)/(900 - 800)

= 700/100

= 7

The variable cost of B will be:

= 6140 - 500

= 5640

The total cost of C will be:

= 6135 + 500

= 6635

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Answer:

What about D?

Explanation:

How much must be invested now to receive $28,000 for 11 years if the first $28,000 is received one year from now and the rate is 8%? Round your present value factor to three decimal places and final answer to the nearest dollar.

Answers

The amount of $12,000 is required to be invested today in order to receive $28,000 after 11 years of 8 %.

What is an investment?

Investment is an amount made by an entity to get benefits in upcoming years. It can be for a short time or a long time where a shorter investment is treated as a current asset and a longer investment consider a non-current asset.

Given values:

Invested amount = $28,000

Time period = 11 years

Interest rate = 8%

Computation of worth of investment today:

[tex]\rm\ Worth \rm\ of \rm\ investment\rm\ today ={\rm\ Invested \rm\ Amount}\times \frac{1}{(1+ Interest rate)} ^{\rm\ Time \rm\ period} \\\rm\ Worth \rm\ of \rm\ investment \rm\ today ={\$28,000} \times \frac{1}{(1+ 0.08)} ^{11} \\\\\rm\ Worth \rm\ of \rm\ investment \rm\ today={\$28,000} \times{0.4288} \\\\ \rm\ Worth \rm\ of \rm\ investment \rm\ today=\$12,000.864[/tex]

Therefore, the amount of $12,000 should be invested today to get $28,000 after 11 years at 8%.

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How should you follow up an interview? What
questions should you ask? (Check all that
apply)

A)You don't need to worry about following up an
interview.

B) Find out who is involved in the hiring process.

C) Clarify the hiring timeline.

D) Ask about the hiring process.

Answers

Answer: C and D, it might also be B but that depends on how strict the company is and if they're recording your interview or not.

Explanation:

a deed often used to clear up cloud on title is

Answers

quitclaim deed is the answer

What factor has the biggest impact on a credit score?

Answers

Answer:

Probrably how often you've been in debt or how much money you owe to someone or how many loans you've taken

In human relations negotiations is also called?

Answers

Answer:

top-level management

Explanation:

i did the work

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