Bronze Brick Company Uses the Following Rule to Determine Whether

question 116

Essay

Bronze Brick Company uses the following rule to determine whether materials usage variances should be investigated:
A materials usage variance will be investigated when the variance is greater than either $5,000 or 12% of the standard cost.
During May,the company purchased and used 11,000 kg of concrete for $5 per kilogram.It was able to make 20,000 bricks.Its standard quantity of materials allowed is 0.50 kg of concrete per brick at a standard price of $6.50 per kilogram. A. Determine Bronze's material usage variance and whether it is favourable or unfavourable.
B. Should the variance be investigated?

Understand the operation and significance of counter-electromotive force (CEMF) in DC motors.

Describe the characteristics and applications of various motor connections, including series, shunt, and compound.

Recognize the operational differences and uses of servomotors, stepping motors, and other specialized motor types.

Calculate and understand the effects of voltage, resistance, and magnetic fields on motor operation.

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Definitions:

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Capital Gains Yield

Capital gains yield refers to the price appreciation component of a stock's total return, calculated as the change in stock price divided by the original price.

Required Return

The minimum return an investor expects to achieve by investing in a particular asset, considering the risk associated.

Dividend Yield

A metric illustrating the annual dividends paid by a firm as a proportion of its share price, typically represented as a percentage.