Total materials variances = 1,221
Unfavorable price variance = 2,673
Unfavorable quantity variance = 1,452
Favorable total materials variance = 2,673
Answer:
Share price Today = $172.574
Explanation:
Using dividend growth model we can compute price of share after 3 years,
As follows:
Where P3 = Price at end of year 3
D4 = Dividend at end of year 4 = $10
Ke = Cost of return = 10%
g = growth rate = 5%
P3 = 
= $200
Now, we have
Year Dividend or price Present value factor Present Value
1 $9 0.909 $8.181
2 $9 0.826 $7.434
3 $9 0.751 $6.759
3 $200 0.751 $150.20
Net Present value of share today = $172.574
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Answer:
excise
Explanation:
A tax is a compulsory sum levied by the government on goods and services. Taxes increase the price of a good
excise tax is a type of tax levied on certain good and services. It is an example of an intranational tax. Producers pass on this tax to consumers by increasing the price of the good directly
