Answer:
$56,000 Adverse
Explanation:
direct materials quantity variance = Aq × Sp - Sq ×Sp
= (6,500×$16) - ((1,500×2)×$16)
= $104,000 - $48,000
= $56,000 Adverse
More materials were used during the month than was expected thus adverse.
Answer:
a
Explanation:
A Dutch auction is a method for pricing shares (often in an initial public offering) whereby the price of the shares offered is lowered until there are enough bids to sell all shares. All the shares are then sold at that price. The goal of a Dutch auction is the find the optimal price at which to sell a security.
For example, let's assume Company XYZ wants to sell 10 million shares using a Dutch auction. To participate in a Dutch auction, an investor typically opens an account with Company XYZ's underwriter (usually an investment bank), obtains a prospectus, and obtains an access code or bidder identification code (Dutch auctions often occur online).
During bidding, investors indicate how many shares they're willing to buy and the price they're willing to pay. The underwriter, who acts as the auctioneer, usually starts the auction by offering a prohibitively high price for the security (say, $40 per share in this case). It then lowers the price gradually to say, $36 per share, where two bids come in for 500,000 shares. The underwriter then lowers the price again, this time to $35, and attracts 4,000,000 shares worth of bids. After lowering the price to $34, the underwriter gets another 5,000,000 shares worth of bids; then the underwriter lowers the price to $33 and gets another 3,000,000 in bids before the auction ends.
Answer: $3,866,182.89
Explanation:
The winnings in 45 years are the future value of the $80,000 that you just won based on the return rate of 9%.
Future Value = Present Value ( 1 + return) ^ number of years
= 80,000 ( 1 + 0.09) ⁴⁵
= $3,866,182.89
Lottery winnings will be worth $3,866,182.89 when you retire.
An order comes in for two bean burritos and one crunchy taco the starter starts grilling the tortilla. Assembling is the best move. This is further explained below.
<h3>What is Assembling?</h3>
Generally, to assemble in one area for a shared objective.
In conclusion, The starter begins grilling the tortilla as an order comes in for two bean burritos and one crispy taco. It's smartest to band together.
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