Find the material cost variance and material price variance

Assignment Help Financial Econometrics
Reference no: EM13333066

On the basis of the raw facts and figures such as the standard price of material specified is 40 $ and its standard quantity of the specified material which is to be per unit of product is 80 kg, actual price of product Material is 38.40 $, actual output of product in units is 19200, actual quantity of material consumed is to be 81.60 kilogram.Just find its material cost variance and material price variance only

Reference no: EM13333066

Questions Cloud

Estimate the amount of uncollectible accounts : Estimate the amount of Uncollectible Accounts as of December 31, 20X2 and what is the company's Uncollectible Accounts expense for 20X2 - compute the net realizable value of Accounts Receivable at the end of 20X1 and 20X2.
What is meant by the marginal rate of substitution between : What is meant by the marginal rate of substitution between present and future consumption?
Reference to the importance of teamwork : 1.To assess the BEST model, with particular reference to the importance of teamwork in a company like Philips Electronics.
Compute the length of one side of the coil : A generator has a square coil consisting of 500 turns. The coil rotates at 82 rad/s in a 0.49 T magnetic field. What is the length of one side of the coil
Find the material cost variance and material price variance : On the basis of the raw facts and figures such as the standard price of material specified is 40 $ and its standard quantity of the specified material which is to be per unit of product is 80 kg
What is the resistance of the armature coil : A motor is designed to operate on 131 V and draws a current of 12.2 A when it first starts up. What is the resistance of the armature coil
Explain molecules have the same geometries : Which of the following molecules have the same geometries. A) SF4 and CH4 B) CO2 and H2O C) CO2 and BeH2 D) N2O and NO2
What is the mutual inductance of this system : A long, current-carrying solenoid with an air core has 1780 turns per meter of length and a radius of 0.0130 m. What is the mutual inductance of this system
Explain why is ethylene glycol used as the solvent : Why is ethylene glycol used as the solvent for the dehydrohalogenation of of 1,2-dibromo-1,2-diphenylethane

Reviews

Write a Review

Financial Econometrics Questions & Answers

  How much would the couples monthly savings be

A couple wants to renovate their house in 3 years. They need $27,000 which they plan to save for in monthly payments in an account that pays 8.5% compounded monthly. How much would their monthly savings be

  Determine what is the current ratio and quick ratio

SDJ, Inc., has net working capital of $1,015, current liabilities of $6,725, and inventory of $1,135. What is the current ratio What is the quick ratio

  What is the implied nominal interest rate on a treasury bond

what is the implied nominal interest rate on a treasury bond $100,000 futures contract that settled at 100-160. If interest rates increased by 1%, what would be the contract's new value.

  Determine what is the present value of an investment

An investment will pay you $75,000 in nine years. Assume the appropriate discount rate is 6 percent compounded daily. What is the present value

  Which firm or firms if either should accept the project

Travel Excitement specializes in making travel reservations and promoting vacation travel. Wilderness Adventures has an aftertax cost of capital of 13 percent and Travel Excitement has an aftertax cost of capital of 11 percent.

  Determine how much will have in 30 years compounded monthly

You plan to retire in 30 years and decide to save $10,000 per year. If the interest rate is 6% compounded monthly, how much will you have in 30 years. Assume that each deposit is made at the end of every year.

  Determine appropriate amount and classification of each item

Unearned revenue of $78,000 is included as a current liability even though only two-thirds will be earned in 2014. Determine the appropriate amount and classification of each of the following items (in order of liquidity).

  How much must you deposit today into an account earning

how much must you deposit today into an account earning 8% interest if you want to have $115,000 in the acccount in 10 years?

  What is the yield to maturity on a treasury strips

What is the yield to maturity on a Treasury STRIPS with 7 years to maturity and a quoted price of 65.492

  What would be the internal price and the external price

The Serial Bond "B" information is as follows; Maturity date 8-1-14 in the Amount $6,640, a Rate of 5.00%, with the Yield being .390%. The Bond Price is 11.559, and the Premium Discount is 388.06.

  What is the length of the days sales in inventory

Dabble, Inc., has sales of $972,000 and cost of goods sold of $467,000. The firm had a beginning inventory of $32,000 and an ending inventory of $42,000.

  Determine what is the company cost of capital

A company is 46% financed by risk free debt. The interest rate is 11%, the expected market risk premium is 9%, and the beta of the company's common stock is 0.56.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd