Answer:
Option (D) is correct.
Explanation:
Direct material quantity variance
:
= [Standard quantity × Standard price] - [Actual quantity × Standard price
]
= [4,430 × $6.10] - [4,640 × $6.10]
= $27,023 - $28,304
= $1,281 unfavorable
Therefore, the direct materials quantity variance is $1,281 unfavorable.
The variance is unfavorable as the actual quantity of materials used is more than standard quantity
.
Answer:
The correct answer is C) In one or two years, the discount that Pro-Tect is offering will amount to more than the cost of buying certain highly effective antitheft devices.
Explanation:
For the Pro-Tect plan to work, at least some of the insured who do not currently have an anti-theft device or an alarm system must decide to install such device or system due to the discount. If the cost of anti-theft devices is very high in relation to the size of the discount, the discount may not be enough to encourage policyholders to buy such devices. Option (C) tells us that the devices would "pay for themselves" after only a year or two and, therefore, that customers installing those devices will save money every successive year. The fact that customers have a financial incentive to install such devices provides a strong indication that the plan will achieve its objective. Keep the option (C).
Answer:
years to double GDP = 22.15 = 22 years
so here correct option is c. 22 years
Explanation:
given data
average growth rate = 3.16% per year
Rule of 70
to find out
how many years will the Filipino economy double in size
solution
we know that according to Rule of 70
years to double GDP is express as
years to double GDP =
......................1
put here value of average growth rate in equation 1
years to double GDP = 
years to double GDP = 
years to double GDP = 22.15 = 22 years
so here correct option is c. 22 years
Answer:
a. They must be an integral part of the finished product and be a significant portion of the total product cost.
Explanation:
The Direct material is supply which is consumed during the production of a product. The direct material should be an integral part in the finished good. Consumables are not direct material. To become direct material the raw supplies should be a significant portion of the total cost. There is no direct material in a service business. The finished product should contain the direct material and the material must be an integral part of the final product.