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olya-2409
6 days ago
5

Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing

overhead is applied to products on the basis of direct labor-hours.Inputs Standard Quantity or Hours per Unit of Output Standard Price or RateDirect materials 5.7 liters $5,40 per literDirect labor 0.70 hours $20.60 per hourVariable manufacturing overhead 0.70 hours $5.50 per hourThe company has reported the following actual results for the product for DecemberActual output 4,100 unitsRaw materials purchased 25,100 litersActual price of raw materials $4.80 per literActual cost of raw materials purchased $120,480 Raw materials used in production 23,360 litersActual direct labor-hours 2,700 hoursActual direct labor rate $21.20 per hourActual direct labor cost $57,240 Actual variable overhead rate $5.90 per hourActual variable overhead cost $15,930 What is the raw materials price variance for the month?
Business
1 answer:
Mariulka [3.4K]6 days ago
8 0
The raw materials price variance amounts to $14,016 favorable. The calculation for this variance is done as follows: = Actual Quantity × (Standard Price - Actual Price) = 23,360 liters × ($5.40 - $4.80) = 23,360 liters × $0.6 = $14,016 favorable This is derived by taking the standard price, subtracting the actual price, and multiplying the difference by the actual quantity to arrive at the finalized value.
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In a state of market equilibrium, the intrinsic value of the stock will be the market price of the stock. An analyst with a lead
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Respuesta:

sobrevalorado

Explicación:

El valor esperado de la acción está por debajo de su precio en el mercado actual.

Esto indica que se anticipa que las ganancias y dividendos de la compañía disminuyan en los próximos meses. Es posible que otras acciones parezcan más rentables, lo cual haría descender el precio de esta acción:

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6 0
1 month ago
Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 2%
soldi70 [3439]

Response:

Year 1: Cumulative preferred stock dividends amount to $51,000; Common stock dividends amount to 0.

Year 2: Cumulative preferred stock dividends amount to $93,000; Common stock dividends amount to $12,000.

Year 3: Cumulative preferred stock dividends amount to $72,000; Common stock dividends equal $9,000.

Year 4: Cumulative preferred stock dividends amount to $72,000; Common stock dividends total $48,000.

Clarification:

Year 1

Total dividends distributed = $51,000

Cumulative preferred stock dividends due = 60,000 * $60 * 2% = $72,000

Paid dividends to cumulative preferred stock = $51,000

Outstanding cumulative preferred stock dividends carried over = $72,000 - $51,000 = $21,000

Common stock dividends = 0

Year 2

Total dividends distributed = $105,000

Cumulative preferred stock dividends due for year 2 = 60,000 * $60 * 2% = $72,000

Total cumulative preferred stock dividends owed = 72,000 plus the amount carried over from year 1 = $72,000 + $21,000 = $93,000

Dividends paid on cumulative preferred stock = $93,000

Dividends paid to common stock = $105,000 - $93,000 = $12,000

Year 3

Total dividends distributed = $81,000

Cumulative preferred stock dividends owed = 60,000 * $60 * 2% = $72,000

Dividends paid on cumulative preferred stock = $72,000

Dividends paid to common stock = $81,000 - $72,000 = $9,000

Year 4

Total dividends distributed = $120,000

Cumulative preferred stock dividends owed = 60,000 * $60 * 2% = $72,000

Dividends paid on cumulative preferred stock = $72,000

Dividends paid to common stock = $120,000 - $72,000 = $48,000

5 0
9 days ago
Evaluate the current China/Taiwan logistics costs. Assume a current total volume of 190,000 CBM and that 89 percent is shipped d
Mariulka [3472]

Answer:

The overall expenditure for transporting the containers to the U.S. amounts to $2,594,930

Explanation:

Consider the following details about Company WWG:

Total Current volume (CBM) = 190,000

Percentage shipped directly = 0.89

Volume shipped directly (CBM) = 169,100

Volume at consolidation center = 190,000 - 169,100 = 20,900

To compute the shipping expenses for the company as outlined below:

Shipping Cost calculations

Direct shipping by Container type (in Feet) 20 40

Volume (%) 0.21 0.79

Volume (CBM) = 169,100*0.21 =169,100*0.79

= 35,511 =133,589

Container capacity utilized 85% 85%

Container center by container type

Volume (%) = 100

Volume (CBM) = 20,900

Container capacity used = 96%

Container capacity (CBM) (34)

Containers shipped = 35,511/ (34*0.85) = 1,229

Shipping Cost per container = $480

Shipping Costs by container size ($) = 1,229*480 = $589,920

Container capacity (CBM) (67)

Containers shipped = 133,589/ (0.85*67) + 20,900/ (0.96*67) = 2,671

Shipping Cost per container = $600

Shipping Costs by container size ($) = 2,671*600 = $1,602,600

Calculate the total shipping cost as follows:

Total shipping fees = $589,920 + $1,602,600 = $2,192,520

Determine the operating costs for the consolidation center as follows:

Number of centers = 4

Annual fixed cost per center = $75,000

Total annual fixed costs = $75,000*4 = $300,000

Variable cost per CBM = $4.9

Total annual variable cost = 20,900*$4.9 = $102,410

Total annual consolidation center expenses = $300,000+$102,410 = $402,410

Now compute the complete cost of moving containers to the U.S. as below:

Total Cost = Total Shipping Fees + Total Annual Consolidation center Expense

= $2,192,520 + $402,410

= $2,594,930

Thus, the entire cost involved in shipping the containers to the U.S. is $2,594,930.

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1 month ago
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1 month ago
Which two statements are true about batch size, lead time, and utilization? (Choose two.)
Free_Kalibri [3484]

Answer:

The correct answers are b. As batch size grows, lead time shrinks and d. The Product Owner influences batch size, while the Development Team determines utilization.

Explanation:

Generally, when the batch size increases, lead time also rises, as smaller batches can be processed quicker compared to larger ones, which take extra time. Additionally, the product owner influences the batch size based on market demand, and the development team conducts utilization tests to inform their decisions that affect how resources are utilized.

6 0
1 month ago
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