All categories

2 years ago

A favorable direct materials cost variance occurs when the actual direct

1 answer:

8 0

A favorable direct materials cost variance occurs when the actual direct cost of the materials is lower than the budgeted cost of materials. Favorable direct materials cost variance would indicate that there was savings with the cost for the direct materials used by the company.

You might be interested in

Questions why do we need to understand the idea of culture, society and politics?

My name is Ann [436]

Answer:

Because the all works that we did done and thinks to doing need some rules. Every thing in this world pepole looks this is wrong. We have to understand our culture because we live in the frame. The frame is culture anyone cqnt change it. Political like a game. Every politicions working for luxury life. They never think about the denziens of their country. As i think this is rhw reasone to understand the political.Socity is very diffrent. Always it full of curropution. we have to carefull of our self always.

So this is my answer you can add some to your self..

4 0

2 years ago

When building a new residential development or mall, a national real estate organization typically does not remove many trees, b

lord [1]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The management philosophy is known as is sustainability.

Sustainability is defined as economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

5 0

2 years ago

Read 2 more answers

Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions. 2018 Actual 2019 Estimate Sales Growth 6

sveta [45]

The Cost of Goods Sold for 2019 is forecasted to be $30,600.

<h3>What is Cost of Goods sold?</h3>

This refers to total amount that a firm paid as a cost directly related to the sale of products.

The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).

Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.

Cost of Goods Sold (2019) = $30,000 *(1+0.02)

Cost of Goods Sold (2019) = $30,000 *1.02

Cost of Goods Sold (2019) = $30,600

Read more about Cost of Goods Sold

brainly.com/question/17205761

#SPJ6

7 0

1 year ago

Read 2 more answers

Every year 3 Managers are promoted to Partner level.

Sophie [7]

Answer: 2 years

Explanation:

Years of existing of the firm=30 years

Number of associates= 300,

Number of Managers= 70;

Number of partners= 30;

Total number of workers=400

Number of years associates has been changed in last 30 year=30/5=6

Number of years managers has been changed in last 30 year=30/3=10

Number of times for partner=x

Number of years partners has been changed in last 30 year=30/x=15

15x=30

x=30/2

x=2 years

6 0

2 years ago

In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 million book value) into common s

In-s [12.5K]

Answer:

The answer is given below;

Explanation:

Preferred Stock Dr.$39,000,000

Common Stock Cr.$33,000,000

Paid in capital in excess of par-Common stock (39,000,000-33,000,000) Cr.$6,000,000

As the book value of preferred stock is greater than the price paid at the time of conversion into common stock,therefore excess amount is paid in capital in excess of par for common stocks.As the preferred stock is reduced by their book value,therefore it is debited and common stock is credited with its cost.

5 0

2 years ago