An LCD screen is purchased to be used in the manufacturing of a digital watch. The standard price for the LCD screen used is $40.00. During the month of February, 3,400 screens were purchased and used. The materials price variance was $6,000 unfavorable. The standard number of screens allowed for the actual number of watches manufactured during the period was 25,000 screens. The actual purchase price of each LCD screen would be closest to A) $39.76 per LCD screen. B) $40.24 per LCD screen. C) $38.24 per LCD screen. D) $41.76 per LCD screen.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An LCD screen is purchased to be used in the manufacturing of a digital watch. The standard price for the LCD screen used is $40.00. During ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Swirlpool, Inc. has found that its cost of common equity capital is 18 percent, and its cost of debt capital is 8 percent. The firm is financed with 60 percent common shares and 40 percent debt.
Answers (1)
Winning a sustainable competitive edge over competitors does not hinge on which of the following? Multiple Choice A. building experience, know-how, and specialized capabilities that have been perfected over a long period of time B.
Answers (1)
A factory pays its employees on Wednesdays, and on Thursdays, employee productivity seems to be a little slow. The productivity gradually increases over the week and reaches its peak on Wednesday.
Answers (1)
The Federal Open Market Committee (FOMC). A) follows the actions and operations of financial markets to keep them open and competitive. B) sets policy on the sale and purchase of government bonds by the Fed.
Answers (1)
The Titan retires a $24.6 million bond issue when the carrying value of the bonds is $22.2 million, but the market value of the bonds is $28.3 million. The entry to record the retirement will include: Multiple Choice A credit to cash for $22.
Answers (1)
New Questions in Business
For several years policymakers have systematically boosted aggregate demand so that the economy is operating with very low unemployment and sustained inflation. If this sustained expansion to aggregate demand is halted, what is the likely result?
Answers (1)
Charger company's most recent balance sheet reports total assets of $28,892,000, total liabilities of $16,492,000 and total equity of $12,400,000. the debt to equity ratio for the period is (rounded to two decimals) :
Answers (1)
How did bosses and political machines control city governments?
Answers (1)
A bank offers the following certificates of deposit: Nominal annual interest rate Term in years (convertible quarterly) 1 4% 3 5% 5 5.65% The bank does not permit early withdrawal. The certificates mature at the end of the term.
Answers (2)
Who makes more money uber drivers or lyft drivers?
Answers (2)