What is the price variance

Assignment Help Finance Basics
Reference no: EM131890881

Last year, the price for thermometer covers in a pediatrician's office was $0.05 each. This year, the covers cost $0.06 each. If the office purchased 10,000 thermometer covers this year, what is the price variance?

Reference no: EM131890881

Questions Cloud

Find the present value of the ordinary annuities : Find the present value of the following ordinary annuities. Find the amount to which $500 will grow under each of the following conditions.
What risks does the highly leveraged firm face : Why does the leveraged firm stand to make a much greater profit if it is successful versus the unleveraged firm? What risks does the highly leveraged firm face?
Why is studying the family so important : Why is studying the family so important? What evidences of God's sovereignty do you see in His choosing your particular family of origin?
Company-wide base for allocating overhead to products : Traditionally, the most popular company-wide base for allocating overhead to products was:
What is the price variance : This year, the covers cost $0.06 each. If the office purchased 10,000 thermometer covers this year, what is the price variance?
Precise machinery is analyzing proposed project : Precise Machinery is analyzing a proposed project. The company expects to sell 2,100 units, give or take 5 percent.
Discuss the implications of the transfer pricing policies : Three divisions of a CMI are involved in a dispute. Division A purchases Part 101 and Division B purchases Part 201 from a third division.
What does it mean to act like a man in our society : As the readings for this week remind us, your sex is determined biologically (even if within a continuum) while gender roles are socially established.
Borrower to repay over a longer term : What would the new term equal if the lender allowed the borrower to repay over a longer term?

Reviews

Write a Review

Finance Basics Questions & Answers

  How do you find the operating cash flow

How do you find the operating cash flow if you have an income statement? What is the equation?

  Change in the number of units sold

Question: A company currently sells 60,000 units a month at $10 per unit. The variable cost per unit is $6. The company decided to raise the price about 10%. How much change in the number of units sold can the company afford and still be no worse ..

  What was its charge for depreciation and amortization

What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.

  How sensitive is ocf to changes in quantity sold

straight-line depreciation to zero over the four-year life; zero salvage value; price = $22; variable costs = $12; fixed costs = $160,000; quantity sold = 82,000 units; tax rate = 32 percent.

  Determining the market risk premium

Is firm K correctly priced, overpriced, or underpriced. Support your answer with calculations and explanation.

  What impact will the adjustment have on coleman 2007

Because of the holidays, no salary accrual was made for the last week of the year. Salaries for the last week totaled $3.5 million and were paid on January 4, 2008.

  What legislation worked to help them achieve civil rights

What sort of segregation or oppressive measures did they face? What was a defining moment in their struggle, and why? How did they react? What legislation worked to help them achieve Civil Rights?

  Olga is the proprietor of a small business in 2012 the

olga is the proprietor of a small business. in 2012 the business income before consideration of any cost recovery or

  How agency problems may lead to non value-maximizing

Explain how agency problems may lead to non value-maximizing motives for mergers. Discuss the various academic theories offered as the rationale for motives induced by the agency problem.

  Maintenance margin requirement

The margin requirement is $2,000 a contract, and the maintenance margin requirement is $1,200. A speculator expects the price of the corn to fall and enters.

  Why are t-bond returns high when the market returns are low

"Why are t-bond returns high when the market returns are low"

  Objective type questions on capital structure

Objective type questions on cost of capital and capital structure and Which one of the following means of management compensation is designed to help eliminate the agency problem

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