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How does momentum of an object determined?

Momentum of an object is determined by multiplying its mass by its velocity. Mathematically, momentum (p) = mass (m) x velocity (v), or p = mv. Momentum is a vector quantity, meaning it has both magnitude and direction.


The quantity of product X supplied can be expected to rise with a fall in what?

The quantity of product X supplied can be expected to rise with a fall in:


The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the?

The difference between actual quantity and standard quantity is called the material quantity variance.


What process do you use to find the percent of a quantity?

Multiplying


What a coefficient?

a number or quantity placed (generally) before and multiplying another quantity, as 3 in the expression 3x.


What process do you use to do find percent change of a quantity?

Multiplying


What process do you use to find the percent change of a quantity?

Multiplying


How do you write in numbers 1.22 Billion?

1.22 billion can be written in numbers as 1,220,000,000. This is done by multiplying 1.22 by 1 billion (1,000,000,000). The result shows the quantity in a standard numerical format.


what is Direct material variance?

Direct material variance refers to the difference between the actual cost of direct materials used in production and the standard cost that was expected to be incurred. It is typically divided into two components: the price variance, which measures the difference between the actual price paid for materials and the standard price, and the quantity variance, which assesses the difference between the actual quantity of materials used and the standard quantity expected for the actual level of production. Analyzing this variance helps businesses identify inefficiencies and cost management issues in their production processes.


What is standard quantity?

Standard quantity refers to the planned or expected amount of material, labor, or overhead that should be consumed or used in producing a product or providing a service. It serves as a benchmark for evaluating the actual usage and efficiency of resources in production processes. Variance analysis compares actual quantities used with standard quantities to identify deviations and improve cost control.


What multiplying factor would decrease a quantity by 18 percent?

0.82


What is standard cost method?

Under standard cost method, standard costs for material labor and overheads are determined first and all these costs are charged to production on that standard costs and quantity basis and after that variance analysis is done to find out the reasons for differences in actual costs with standard costs as basis for analysis.