Which is the best example of price discrimination? Group of answer choices Higher price for a Ford truck than for a Ford car. Different price for a car wash on Tuesday versus Wednesday Average price of a 2000 square foot home in California being higher than in South Dakota.

Answers

Answer 1

Answer:

Different price for a car wash on Tuesday versus Wednesday

Explanation:

Price discrimination is when identical goods are sold at different prices from the same provider. A Ford truck and a Ford car are not identical items. The average price of a home in two very different states (one highly desirable due to temperature/climate, and one less desirable for the same reason) do not constitute price discrimination. But the days of the week someone is able to wash a car, at the same car wash is an identical service at a different price.

Answer 2

The best example of price discrimination is different price for a car wash on Tuesday versus Wednesday. The correct option is (B).

What do you mean by the price discrimination?

A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.

When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. When a seller discriminates on pricing, each consumer pays a different price for the same good or service.

Price discrimination is most beneficial when the profit gained from separating the markets exceeds the profit gained from maintaining the united markets.

Therefore, the best example of price discrimination is different price for a car wash on Tuesday versus Wednesday.

To know more about the price discrimination, visit:

https://brainly.com/question/14969650

#SPJ2


Related Questions

Fitness Bands Corporation gathered the following information for Job​ #928: Standard Total Cost Actual Total Cost Direct materials ​Standard: pints at ​/pint ​Actual: pints at ​/pint What is the direct materials quantity​ variance?

Answers

Question:                                      

                                                            standard total cost        Actual total cost

Direct material

Standard  2000 pints  $3.50/pint                   $7,000

Actual      2,500 pints   $5.00/pint                                                       $12,000

Answer:

Materials quantity​ variance= $1,750 unfavorable

Explanation:

Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.  

It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price  

                                                                                               pints

Standard quantity allowed                                                  2,000

Actual quantity used                                                           2,500

Quantity variance                                                                 500 unfavorable

Standard price                                                                     $3.50

Materials quantity​ variance                                               1,750  unfavorable

Materials quantity​ variance= $1,750 unfavorable

What is the yield to maturity of a bond that pays a 6% coupon rate with semiannual coupon payments, has a par value of $1,000, matures in 15 years, and is currently selling for $803

Answers

Answer:

Yield to Maturity = 8.11 %  

Explanation:

The Yield to maturity is the discount rate that equates then price of the bonds to the present of cash inflows expected from the bond

The yield on the bond can be determined as follows using the formula below:

YTM = C + F-P/n) ÷ 1/2 (F+P)

YTM-Yield to maturity-  

C- annual coupon

F- Face Value

P- Current Price

n- years to maturity

YTM-?, C- 6%× 1000 =60, Face Value - 1,000, P-803, n- 15

YTM = (60 + (1000-803)/15) ÷ ( 1/2× (1000 + 803) )

YTM = 0.0811  × 100 = 8.11 %

Yield to Maturity = 8.11 %  

One characteristic of weekly newspapers is that they usually serve national consumers rather than local consumers. tend to have a larger male readership than daily newspapers. emphasize local news and advertising. have a significantly lower CPM than daily newspapers. do not charge premium rates.

Answers

Answer: emphasize local news and advertising.

Explanation:

One of the main function of the newspaper is to pass message accross to its readership. The newspaper sends information accross to people by informing them about happenings in the local and international scene.

One characteristic of weekly newspapers is that they emphasize local news and advertising. People can advertise on weekly newspapers and gets information across to the local people.

Which of the following methods is appropriate for a business whose inventory consists of a relatively small number of unique, high-cost items?
a. FIFO
b. average
c. LIFO
d. specific identification

Answers

Answer: Specific identification

Hope it is correct

D specific identification

A town with a small airport is served by two competing airlines. Which of the following strategies would make the airlines more likely to compete on price?
a) The airlines fly identical planes, with the same type of seat and the same amount of legroom for customers
b) One airline offers meals on board every flight while the other serves no meals but has fewer delayed flights
c) Each airline offers flights to a different set of other cities
d) The airlines offer loyalty programs, motivating existing customers to continue to fly with them

Answers

Answer:

Option A, The airlines fly identical planes, with the same type of seat and the same amount of legroom for customers.

Explanation:

Option “A” is correct because a firm or company compete on prices if the product offered by every firm are identical. additionally, if the product can not be differentiated then the firm can compete on the basis of price. Therefore, if two airlines fly identical planes and provide identical services like the same seat and the same amount of leg space to the customers.  

Given below are two independent scenarios: a. Dream Co. has budgeted sales of $500,000, fixed costs are $240,000, and variable costs are $375,000. What is its contribution margin ratio? Enter the percentage amount as a whole number (for example, enter 10% as "10"). % b. Pearl Company has sales of $825,000, variable costs are 30% of sales, and fixed costs are $360,000. What is its operating profit? $

Answers

Answer:

a.  25

b. $217,500

Explanation:

Contribution Margin Ratio = Contribution / Sales × 100

                                            = ($500,000 - $375,000) / $500,000 × 100

                                            = 25.00% or 25

Income statement for Pearl Company

Sales                        $825,000

Less Variable Cost ($247,500)

Contribution            $577,500

Less Fixed Costs    ($360,000)

Operating Profit       $217,500

"A husband and wife wish to open an account that allows either party to trade or draw checks; and that becomes the property of the surviving spouse if one should die. The proper ownership form is:"

Answers

Answer:

Joint Tenants with Rights of Survivorship

Explanation:

The property ownership form that is being mentioned in the question is known as Joint Tenants with Rights of Survivorship . As described, this is when two individuals share equal ownership of the property and have the equal, undivided right to keep or dispose of the property. Rights of Survivorship means that if one of the individual joint tenants dies then their ownership of the property does not pass on to the next of kin but instead is passed to the other joint tenant that is the beneficiary.

Identify the trade-restraining practice that this example demonstrates. Tubifor, Inc. purchases all available imported lumber so it can resell it at a quantity and rate that it prefers.

Answers

Answer:

"Pursuit of monopoly power" is the correct solution,

Explanation:

Through a party, the shareholders of such a monopoly have had the authority to adjust rates, eliminate rivals, thereby dominate the competition within the specific geographical region. Antitrust laws in the United States discourage monopolies and whatever other practices which unduly restrict competitor's commerce. The form of trade restriction shown by this illustration is the acquisition of monopoly control.

Therefore the answer to the above was its right one.

A profit-maximizing firm in a competitive market that is producing on a production curve where the marginal product of labor is diminishing also has

Answers

Answer: A. a downward-sloping labor demand curve.

Explanation:

The labor demand curve is plotted with the quantity of labor demanded vs the real wages paid to labor. In a firm that is producing in a market with a diminishing marginal product of labor, the demand curve will be downward sloping to reflect that the more labor that a company has, the less it pays them.

This is because the extra labor is bringing in less additional revenue and so will need to be paid accordingly to reflect that as more labor is hired, the output decreases.  

Coney Island Entertainment issues $1,300,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Calculate the issue price of a bond and complete the first three rows of an amortization schedule when:
Required:
1. The market interest rate is 5% and the bonds issue at face amount. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors.)
Issue price
Date Cash Paid Interest Expense Increase in Carrying value Carrying value
1/1
6/30
13/31
2. The market interest rate is 6% and the bonds issue at a discount. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors.)
3. The market interest rate is 4% and the bonds issue at a premium. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors.)

Answers

Answer:

1) The market interest rate is 5% and the bonds issue at face amount.

Dr Cash 1,300,000

    Cr Bonds payable 1,300,000

Year         Interest payment       Book value of bonds

June/1          $32,500                 $1,300,000

Dec/1            $32,500                 $1,300,000

June/2         $32,500                 $1,300,000

2) The market interest rate is 6% and the bonds issue at a discount.

price of bonds:

PV of face value = $1,300,000 / (1 + 3%)³⁰ = $535,582.79

PV of coupons = $32,500 x 19.600 (PV annuity factor, 3%, 30 periods) = $637,000

market price = $1,172,582.79

Dr Cash 1,172,582.79

Dr Discount on bonds payable 127,417.21

    Cr Bonds payable 1,300,000

discount amortization per coupon payment = $127,417.21 / 30 = $4,247.24

Year     Cash paid      Interest        Amortization       Bond           Book

                                   expense      bond discount    discount      value

June/1   $32,500   $36,747.24     $4,247.24     $123,169.97   $1,176,830.03

Dec/1    $32,500   $36,747.24     $4,247.24     $118,922.73    $1,181,077.27

June/2  $32,500   $36,747.24     $4,247.24     $114,675.49   $1,185,324.51

3. The market interest rate is 4% and the bonds issue at a premium.

price of bonds:

PV of face value = $1,300,000 / (1 + 2%)³⁰ = $717,692.16

PV of coupons = $32,500 x 22.396 (PV annuity factor, 2%, 30 periods) = $727,870

market price = $1,445,562.16

Dr Cash 1,445,562.16

    Cr Bonds payable 1,300,000

    Cr Premium on bonds payable 145,562.16

discount amortization per coupon payment = $145,562.16 / 30 = $4,852.07

Year     Cash paid      Interest        Amortization       Bond           Book

                                   expense      bond discount    premium     value

June/1   $32,500   $27,647.93     $4,852.07    $140,710.09   $1,440,710.09

Dec/1    $32,500   $27,647.93     $4,852.07    $135,858.02   $1,435,858.02

June/2  $32,500   $27,647.93     $4,852.07    $131,005.95   $1,431,005.95

Suppose that Mexico experienced a very severe period of inflation in 1972. As prices in Mexico rose, the demand in the foreign exchange market for Mexican pesos:

Answers

Answer:

demand for pesos would fall and supply would rise. their value would decrease as a result

Explanation:

Inflation is a persistent rise in general price level.

When there is high inflation in a country, the demand for the currency would fall because the value of the currency is low. this fall in demand coupled with the excess supply of the currency would lead to a fall in the value of the currency.

A report stating whether the company has complied with restrictive covenants related to officer compensation and payment of dividends contained in a bank loan agreement.

Answers

Answer: An attestation service other than an audit service

Explanation:

Attestation services is simply when a conclusion is made on the financial statement of an organization or a company by a certified public accountant.

Therefore, it will be a report stating whether the company has complied with restrictive covenants related to officer compensation and payment of dividends contained in a bank loan agreement.

Normally, the buyer's offer in a commercial transaction takes the form of:____________.
1. a phone call with the parties directly speaking with each other.
2. a personal letter.
3. a purchase order.
4. an acknowledgment form.

Answers

Answer:

3. a purchase order.

Explanation:

Normally, the buyer's offer in a commercial transaction takes the form of a purchase order. Commercial transaction refers to the law guiding, regulating or governing business transactions and deals.

A purchase order can be defined as an official document which a buyer send to sellers of goods and services in order to document and have a record of the sale of products and services to be delivered to the buyer at a later date. It allows making order without paying immediately.

A company decides not to pay dividends to stockholders, but the company is requested to pay interest to debt holders. What does this mean about the performance of the company?

Answers

Answer: Poor Performance

Explanation:

Options are not available but the foremost reason why a company would decline to pay dividends but still be requested to pay interest to debt holders is that they performed poorly.

Dividends are based on how much net income the company got for the period and so if a company performs poorly, they should not pay out dividends as it will put them in financial difficulty.

Interest payments however have to be paid regardless of if the company made a profit or not. So even if the company performed poorly, they would still be requested to pay interest to debt holders.

A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 13%. What is the project's discounted payback period

Answers

Answer:

Discounted payback period = 6.68 years

Explanation:

Year Cash inflow$   Discounted cash     Cumulative discounted

                                          inflow$                      cash inflow$

1          14,000                    12,389                            12,389

2         14,000                    10,964                             23,353

3         14,000                     9,703                              33,056  

4         14,000                     8,586                              41,643    

5         14,000                     7,599                              49,241    

6         14,000                      6,724                             55,966    

7         14,000                      5,951                              61,917

Discounted cash inflow is calculated by discounting cash inflow at 13%. For example, discounted cash-flow in year 1 = 14,000 / (1+13%)^1 = 12,389.

Similarly, discounted cash-flow in year 2 = 14,000 / (1+13%)^2 = 10,964. And so on.

Cumulative cash-flows are sum of all cashflows till that year. For example, year 2 cumulative cashflow = 12,389 + 10,964 = 23,353.

Similarly, year 3 cumulative cash-flow = 23,353 + 9,703 = 33,056.

This cumulative cash-flow crosses 60,000 in year 7, so discounted payback period = 6 + (60,000-55,966) / 5,951

Discounted payback period = 6.68 years

You own a stock portfolio invested 30 percent in Stock Q, 25 percent in Stock R, 25 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are .95, 1.12, 1.13, and 1.30, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

Portfolio beta = 1.1075

Explanation:

The portfolio beta is a function of the weighted average of the individual stocks betas' that form up the portfolio. To calculate the portfolio beta, we use the following formula,

Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

w represents the weight of each stock in portfolio

Portfolio beta = 0.30 * 0.95  +  0.25 * 1.12  +  0.25 * 1.13  +  0.20 * 1.30

Portfolio beta = 1.1075

On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 180,000 shares of $20 par common stock at $23, and on February 27, it issued for cash 25,000 shares of preferred stock, $7 par at $9.
A. Journalize the entries for January 22 and February 27.
Jan. 22 Cash
Common Stock
Paid-In Capital in Excess of Par-Common Stock
Feb. 27 Cash
Preferred Stock
Paid-In Capital in Excess of Par-Preferred
B. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

Answers

Answer:

A. Journalize the entries for January 22 and February 27.

January 22, 202x, common stocks issued:

Dr Cash 4,140,000

    Cr Common stock 3,600,000

    Cr Additional paid in capital: common stock 540,000

February 27, 202x, preferred stocks issued:

Dr Cash 225,000

    Cr Preferred stock 175,000

    Cr Additional paid in capital: preferred stock 50,000

B. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

$4,140,000 + $225,000 = $4,365,000

An employee produces 10 parts during a shift in which he made $90. What is the labor content of the product? $5 $900 $9 $0.111 $6

Answers

Answer:

$9

Explanation:

Calculation for the labor content of the product.

Using this formula

Labor content = Cash/Numbers of item produced

Where,

Cash=$90

Numbers of item produced=10 parts

Let plug in the formula

Labor content=$90/10

Labor content=$9

Therefore the labor content of the product will be $9

A bond with a par value of $1,000 and an annual coupon has a yield to maturity of 5.60% and a current price of $975. If the bond has 18 years to maturity, what is its current yield?

Answers

Answer:

Current Yield is 5.74%

Explanation:

Current yield is the ratio of coupon payment of a bond to its current market price.  It is calculated by using coupon payment and the current market value of the bond.

Coupon Payment = $1,000 x 5.6% = $56

Current market price = $975

Formula for Current yield is as follow

Current Yield = Annual Coupon Payment / Current Market Price

Current Yield = $56 / $975

Current Yield = 0.0574% = 5.74%

If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is a

Answers

Answer:

quantity variance

Explanation:

Quantity variance is a variance that compares standard quantity of materials that should have been used to the actual materials used. This type of variance is used by firms to know the difference between actual usage of materials and it's expected usage.

Where the actual usage is more than the expected usage, it is adverse ; while it is favorable if the expected usage is more than the actual usage.

Samm Corp. purchased a plot of land for $100,000. The cost to raze a building on the property amounted to $50,000 and Samm received $10,000 from the sale of scrap materials. Samm built a new plant on the site at a total cost of $800,000 including excavation costs of $30,000. What amount should Samm capitalize in its land account?
a. $150,000.
b. $140,000.
c. $130,000.
d. $100,000.

Answers

Answer:

$140,000

Explanation:

Sam corporation purchased a plot of land for $100,000

The cost to raze a building on the property is $50,000

Sam received $10,000 from the sale of scrap materials

$800,000 was spent by Sam to build a new plant in the site

The excavation costs was $30,000

Therefore, the amount that Samm should capitalize in its land account can be calculated as follows

= cost of land+ cost to raze a building on the property - sale of scrape materials

= $100,000 + $50,000 - $10,000

= $150,000-$10,000

= $140,000

Hence Samm should capitalize $140,000 in its land account.

Solve the consumer’s problem for John’s optimal demand for Germ-X and Purell. (You should find actual numbers representing the quantity of Germ-X chosen and the quantity of

Answers

Answer:

Hello your question is incomplete below is the missing part and the needed diagram

suppose John is shopping and has $20 to spend on hand sanitizer. He can go with Germ-X (G) at $1 per fluid ounce (pG=1), or he can purchase purell (P) at $1.25 per fluid ounce (Pp=1.25). His utility function for the two different hand sanitizers is as follows:

U = G +1.1P

where G and P are measured in fluid ounces.

Solve the consumer’s problem for John’s optimal demand for Germ-X and Purell. (You should find actual numbers representing the quantity of Germ-X chosen and the quantity of purell chosen

ANSWER:  The solution =  (Germ-x,Purell ) = (20,0).

Explanation:

The consumers problem for John's optimal demand for Germ-x  and Purell as seen in the diagram can solved by John going maximizing his utility given the constraint of the budget,

that means that John will purchase/spend the constrained budget of ($20) on Germ-x  since the unit price of Germ X is at $1 while Purell's unit price is at $1.25 per fluid ounce

Burke's Corner currently sells blue jeans and T-shirts. Management is considering adding fleece tops to its inventory to provide a cooler weather option. The tops would sell for $53 each with expected sales of 4,300 tops annually. By adding the fleece tops, management feels the firm will sell an additional 285 pairs of jeans at $65 a pair and 420 fewer T-shirts at $26 each. The variable cost per unit is $36 on the jeans, $16 on the T-shirts, and $31 on the fleece tops. With the new item, the depreciation expense is $33,000 a year and the fixed costs are $76,000 annually. The tax rate is 35 percent. What is the project's operating cash flow?

Answers

Answer:  $‬26,282.25‬

Explanation:

The operating cash-flow will be the amount of cash the company got from sales less the amount they would have to pay on taxes.

Cash from tops

= (Sales price - Variable costs) * quantity

= ( 53 - 31) * 4,300

= $94,600

Cash from jeans

= ( 65 - 36) * 285

= $8,265

Cash from jeans

= (26 - 16) * -420

= -$4,200

As this deals with cash, a tax adjusted depreciation will need to be added back because it is a non cash expense and fixed costs will have to be deducted.

Pre-tax operating cash-flow = 94,600 + 8,265 - 4,200 - 76,000

= $22,665‬

Post-tax Project Operating cash-flow

= $22,665‬ * ( 1 - 0.35) + (depreciation * tax)

= $22,665‬ * ( 1 - 0.35) + (33,000 * 0.35)

= $14,732.25‬ + 11,550

= $‬26,282.25‬

Consider the following information and then calculate the required rate of return for the Global Investment Fund, which holds 4 stocks. The market’s required rate of return is 13.25%, the risk-free rate is 7.00%, and the Fund’s assets are as follows:(hint: market beta =1.0) Stock Investment Beta A $ 200,000 1.50 B 300,000 −0.50 C 500,000 1.25 D $1,000,000 0.75

Answers

Answer:

11.77%

Explanation:

total investment = $200,000 + $300,000 + $500,000 + $1,000,000 = $2,000,000

stock    weight                                         beta             total

A          $200,000 / $2,000,000             1.5               0.15

B          $300,000 / $2,000,000             -0.5            -0.075

C          $500,000 / $2,000,000             1.25            0.3125

D          $1,000,000 / $2,000,000           0.75           0.375

Portfolio                                                                       0.7625

required rate of return = Rf + beta(Rm - Rf) = 7% + 0.7625(13.25% - 7%) = 11.7656% = 11.77%

what is the price of a 5 year bond that has a coupon rate of 7% with each coupon paid semi annually. The current market rate is 6%. Assume a par value of 1000

Answers

Answer:

The answer is $1,042.65

Explanation:

Coupon payment being done semiannually means it is paid twice in a year

N(Number of periods) = 10 periods ( 5 years x 2)

I/Y(Yield to maturity) = 3 percent( 6 percent ÷ 2)

PV(present value or market price) = ?

PMT( coupon payment) = $35 ( [7 percent÷ 2] x $1,000)

FV( Future value or par value) = $1,000.

We are using a Financial calculator for this.

N= 10; I/Y = 3; PMT = 35; FV= $1,000; CPT PV= -1,042.65

Therefore, the market price of the bond is $1,042.65

The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 55% in month following sale 5% in second month following saleThe following sales have been budgeted: Sales April $210,000 May $160,000June $150,000 Budgeted cash collections in June would be:______.a. $150,840.b. $158,000.c. $149,000.d. $150,000.

Answers

Answer:

Total cash collection= $158,500

Explanation:

Giving the following information:

Cash collection:

40% in the month of sale

55% in the month following sale

5% in the second month following sale

Sales:

April $210,000

May $160,000

June $150,000

Cash collection June:

Sales in cash from June= 150,000*0.4= 60,000

Sales on account from May= 160,000*0.55= 88,000

Sales on account from April= 210,000*0.05= 10,500

Total cash collection= $158,500

Item 3Item 3 Cutter Enterprises purchased equipment for $87,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $4,800. Using the sum-of-the-years'-digits method, depreciation for 2018 and book value at December 31, 2018, would be

Answers

Answer:

$27,400 and $59,600

Explanation:

The computation of the depreciation expense and the book value using the sum of-the-years'-digits method is shown below:

Depreciation expense is

= (Purchase cost - residual value) × useful life ÷ sum of years

= ($87,000 - $4,800) × 5 years ÷ (5 + 4 + 3 + 2 + 1)

= $27,400

And, the book value is

= Purchase cost - depreciation expense

= $87,000 - $27,400

= $59,600

Tri-Coat Paints has a current market value of $41 per share with earnings of $3.64. What is the present value of its growth opportunities (PVGO) if the required return is 9%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Answers

Answer:

$0.56

Explanation:

Tri-coat paints has a current market value of $41 per share

They also have an earning of $3.64

The required return is 9%

= 9/100

= 0.09

Therefore, the present value of its growth opportunities can be calculated as follows

= $41-($3.64/0.09)

= $41-40.44

= $0.56

Hence the present value of its growth opportunities is $0.56

In a competitive industry, it takes a fixed ratio of one skilled worker and two unskilled workers to produce a unit of output. If the immigration of unskilled workers lowers the wage of unskilled workers, it will likely

Answers

Answer:

The answer is that the ratio is likely the same.

Explanation:

There is no equivalent of how many unskilled worker can replace a skilled worker. Also, it's a fixed ratio of one skilled worker and two unskilled workers to produce a unit of output. Therefore, even though the wage of unskilled workers decreases because of a surplus in immigration of unskilled workers, and assume that the rest is the same, firms won't hire more unskilled workers.

TB MC Qu. 9-251 Turrubiates Corporation makes a product that ... Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 6.7 liters per unit Standard price $ 1.20 per liter Standard cost $ 8.04 per unit The company budgeted for production of 2,500 units in April, but actual production was 2,600 units. The company used 18,000 liters of direct material to produce this output. The company purchased 18,800 liters of the direct material at $1.30 per liter. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for April is:

Answers

Answer:

Direct material quantity variance= $696 unfavorable

Explanation:

Giving the following information:

Standard quantity 6.7 liters per unit

Standard price $ 1.20 per liter

Actual production was 2,600 units.

The company used 18,000 liters of direct material to produce this output.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 6.7*2,600= 17,420

Direct material quantity variance= (17,420 - 18,000)*1.2

Direct material quantity variance= $696 unfavorable

Other Questions
Which of these statements most accurately describes currencies in North America Read the sentence. Crafts once fulfilled useful purposes, now crafts are used mainly for decoration. Which revision most effectively corrects the comma splice? Is it safe to eat an impossible whopper during constipation? Can somebody help me with parametric equations? I do not have a TI-84 at the moment! Thanks!1. Graph the following set of parametric equations on your calculator and select the matching graph. 2. Transform the given parametric equations into rectangular form. Then identify the conic. Which statements about iambic pentameter are true? Check all that apply.An iamb consists of an unstressed syllable followed by a stressed syllable.A line of iambic pentameter contains five iambs, or ten syllables.A line of iambic pentameter contains four iambs, or eight syllables.Iambic pentameter does not follow a regular pattern of stressed and unstressed syllables.Shakespeare uses iambic pentameter in his sonnets. solve the following system of equations1/2x+1/4y=-2-2/3x+1/2y=6x=y= please help! algebra 2 work a. What were HCA's liabilities-to-assets ratios and times-interest-earned ratios in the years 2005 through 2009?b. What percentage decline in EBIT could HCA have suffered each year between 2005 and 2009 before the company would have been unable to make interest payments out of operating earnings, where operating earnings is defined as EBIT?c. How volatile have HCA's cash flows been over the period 2005 - 2009?d. Calculate HCA's return on invested capital (ROIC) in the years 2005 - 2009.HCA INC ANNUAL INCOME STATEMENT ($ MILLIONS, EXCEPT PER SHARE) Dec09 Dec08 Dec07 Dec06 Dec05 Sales $ 30,052 $ 28,374 $ 26,858 $ 25,477 $ 24,455 Cost of Goods Sold 24,826 24,023 22,480 21,448 20,391 Gross Profit 5,226 4,351 4,378 4,029 4,064 Depreciation 1,425 1,416 1,426 1,391 1,374 Operating Profit 3,801 2,935 2,952 2,638 2,690 Interest Expense 1,987 2,021 2,215 955 655 Non-Operating Income/Expense 188 256 661 179 412 Pretax Income 2,002 1,170 1,398 1,862 2,327 Total Income Taxes 627 268 316 625 725 Minority Interest 321 229 208 201 178 Net Income $ 1,054 $ 673 $ 874 $ 1,036 $ 1,424 ANNUAL BALANCE SHEET ASSETS Dec09 Dec08 Dec07 Dec06 Dec05 Cash & Equivalents $ 312 $ 465 $ 393 $ 634 $ 336 Net Receivables 3,692 3,780 3,895 3,705 3,332 Inventories 802 737 710 669 616 Other Current Assets 1,771 1,319 1,207 1,070 931 Total Current Assets 6,577 6,301 6,205 6,078 5,215 Gross Plant, Property & Equipment 24,669 23,714 22,579 21,907 20,818 Accumulated Depreciation 13,242 12,185 11,137 10,238 9,439 Net Plant, Property & Equipment 11,427 11,529 11,442 11,669 11,379 Investments at Equity 853 842 688 679 627 Other Investments 1,166 1,422 1,669 1,886 2,134 Intangibles 2,577 2,580 2,629 2,601 2,626 Deferred Charges 418 458 539 614 85 Other Assets 1,113 1,148 853 148 159 TOTAL ASSETS 24,131 24,280 24,025 23,675 22,225 LIABILITIES Long Term Debt Due In One Year 846 404 308 293 586 Accounts Payable 1,460 1,370 1,370 1,415 1,484 Taxes Payable - 224 190 - - Accrued Expenses 2,007 1,912 1,981 1,868 1,825 Total Current Liabilities 4,313 3,910 3,849 3,576 3,895 Long Term Debt 24,824 26,585 27,000 28,115 9,889 Deferred Taxes - - - 390 830 Minority Interest 1,008 995 938 907 828 Other Liabilities 2,825 2,890 2,612 1,936 1,920 TOTAL LIABILITIES 32,970 34,380 34,399 34,924 17,362 Preferred Stock 147 155 164 125 - Common Stock 1 1 1 1 4 Capital Surplus 226 165 112 - - Retained Earnings (9,213) (10,421) (10,651) (11,375) 4,859 Common Equity (8,986) (10,255) (10,538) (11,374) 4,863 TOTAL EQUITY (8,839) (10,100) (10,374) (11,249) 4,863 TOTAL LIABILITIES & EQUITY $ 24,131 $ 24,280 $ 24,025 $ 23,675 $ 22,225 _is a molecule that directs all of a cells activities Why is this excerpt a good example of a feature often found in a myth? Eye color is an example of 1. Transcriptional control 2. gene expression 3. translational control 4. gene regulation hii guys ..help What does a text need for it to become a novel? In complete sentences, explain the following: Is 700 a good estimate for the sum of 435 and 368? If it is, explain why it is a good estimate. If it is not, explain why it is a bad estimate. structure of leaf is complementary to its function explain What does it mean to be a good citizen? Why is this important? For the lengths AB, BC, and AC to equal 7,6, and 13 respectively, what is thevalue of x? 50q + 43 > 11q + 70 Describe a precaution a person can take to avoid HIV exposure or transmission, and evaluate the effectiveness of this precaution. (2 points) 4. whatis the amount of energy usedor exerted during the process of dancingA. TimeB. ForceC. Rhythm Kenton and Denton Universities offer executive training courses to corporate clients. Kenton pays its instructors $6,405 per course taught. Denton pays its instructors $305 per student enrolled in the class. Both universities charge executives a $349 tuition fee per course attended.A. Prepare income statements tor Kenton and Lenton, assuming that 21 students athend a course.B. Kenton University embark on a strategy to entice students from Denton University by lowering its tuition to $240 per course. Prepare an income statement for Kenton assuming that the university is successful and enrolls 40 students in its course. C. Denton University embarks on a strategy to entice students from Kenton University by lowering its tuition to $240 per course. Prepare an income statement for Denton, assuming that the university is successful and enrolls 40 students in its course. D. Prepare income statements for Kenton and Denton Universities, assuming that 10 students attend a course, and assuming that both universities charge executives a $450 tuition fee per course attended.