Answer:
A shortage occurs when the quantity demanded for a good exceeds the quantity supplied at a specific price
Explanation:
Answer:
Price 25,800 Favorable
Quantity 9,000 unfavorable
Explanation:
DIRECT MATERIALS VARIANCES
std cost $3.00
actual cost $2.80
quantity 129,000
difference $0.20
The actual cost was lower than standard, the variance is positive.
price variance $25,800.00
<u>we multiply the difference by the actual quantity purchased.</u>
std quantity 126000.00
actual quantity 129000.00
std cost $3.00
difference -3000.00
The actual lbs. used were higher, we use more than expected, the variance will be negative.
efficiency variance $(9,000.00)
<u>We apply the standard cost to each extra lbs used to get the quantity variance</u>
Answer:
d.$1,805
Explanation:
The computation of the ending inventory using the FIFO method under the periodic system is shown below:
Since there is 25 units given out of which 15 units are taken for $75 and the remaining 10 units are taken for $68
So,
= 15 units ×$75 + 10 units × $68
= $1,125 + $680
= $1,805
Hence, the ending inventory using the FIFO method is $1,805
Answer and Explanation:
The Asian financial crisis started in Thailand, and then quickly spread to neighboring economies. It started as a currency crisis when Bangkok backed by gold the Thai baht by the us dollar, setting in motion a series of downturns of currencies .
Self-fulfilling recession applies to a circumstance, where a financial crisis is not directly caused by unsustainable fundamental economic circumstances or unsuitable government policies, but a result of consumer negative expectations. In other terms, the fear of the recession among creditors made the crash imminent, which happen by their initial expectations.
Answer:
comparative advertising
Explanation:
Comparative advertising is a marketing strategy where the product or service of the company would be represented as a superior good as compared to the competitor. It compared the features of the company to the competitor
Since in the given situation, it is mentioned that the guest explains to her than tums should be different as it the antacid brand that contains only calcium
So, the above represent the answer