1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vedmedyk [2.9K]
2 years ago
13

Who is generally responsible for the materials price variance? the materials quantity variance? the labor efficiency variance?

Business
1 answer:
Anna71 [15]2 years ago
8 0
THE PURCHASING MANAGER is the one who is responsible for the material price variance because he is the one in charge of buying materials that are needed for production at competitive prices. THE PRODUCTION MANAGER AND THE SUPERVISORS  are the one who is responsible for the material quantity variance and the labor efficiency variance.
You might be interested in
which of the following items is qualitative?-cost of a new machine-depreciation of existing machine-book value of the existing m
trapecia [35]

Answer: Statement D

Explanation: Qualitative characteristics are those characteristics the values of which cannot be calculated appropriately and the one that cannot be recorded in the books as they do not have any quantitative value.

In the given problem cost of machine at which it is purchased is its value, Depreciation is the value of original cost which has been used and amount at which the machine used can be sold is its value.

Hence among all the options Option D shows qualitative characteristics.

6 0
3 years ago
Mel is thinking of going on a cruise. Mel values a cruise in nice weather at $2,000 and values a cruise in bad weather at $50. T
Vinvika [58]

Answer:

Mel

If Mel is risk-neutral, then in the absence of trip insurance, the most she will be willing to pay for the cruise is _______.

c. $1,220

Explanation:

a) Data and Calculations:

Mel's value of a cruise in nice weather = $2,000

Mel's value of a cruise in bad weather = $50

Probability of nice weather = 60%

Probability of bad weather = 40%

Expected value:

Weather              Outcome Probability    Expected Value

Nice weather      $2,000          60%           $1,200

Bad weather            $50           40%               $20

Total expected value of a cruise               $1,220

6 0
3 years ago
Which of the following statements about the relationship between the financial market and the
BigorU [14]

Answer:

C

Explanation:

that makes sense more shdjdjjd

7 0
3 years ago
Risoner Company plans to purchase a machine with the following conditions: Purchase price = $300,000. The down payment = 10% of
ser-zykov [4K]

Answer:

$62,160

Explanation:

Given:

Purchase price = $300,000

Down payment = 10% of purchase price = 0.1 × $300,000 = $30,000

Thus,

the cumulative amount to be financed = $300,000 - $30,000 = $270,000

The present value of an annuity of $1 per year for 8 years at 16% = $4.3436

Now,

Annual payment

= ( Cumulative Amount financed ) / ( Cumulative PV factor at 16% for 8 years)

= $270,000 / 4.3436

= $62,160.42

≈ $62,160

8 0
3 years ago
Fire Chief McGuire could see the problem from a mile away. Flames were leaping out of the old barn, blown by a west wind. Arrivi
EastWind [94]

Answer:

The correct answer is dominating.

Explanation:

Generally, different definitions of "social conflict" are offered, differences that call our attention to complementary aspects of the concept: For example, Stephen Robbins: "A process that begins when one party perceives that another has affected it negatively or that It is about to negatively affect some of its interests ”2 and that of Lewis A. Sew for whom the social conflict is a struggle for values and for the status, power and scarce resources, in the course of which opponents want to neutralize, damage or eliminate their rivals. A conflict will be social when it transcends the individual and comes from the structure of society itself.

4 0
3 years ago
Other questions:
  • Compare and contrast the risks and goals of entrepreneurs and inventors.
    6·2 answers
  • As the manager of a golf resort, you want to increase the number of tee times sold by 10 percent. Your staff economist (and juni
    8·1 answer
  • Your Way, Inc. Eric buys companies that are small or companies in financial trouble. He helps these companies turn around and de
    9·1 answer
  • A farmer grows squash in his 100 by 100 foot garden. He then sells the crop at the local farmers' market. Two summers ago, he wa
    9·1 answer
  • In many larger U.S. based firms the __________ match(es) the overall strategy of the firm and reinforce(s) the culture emerging
    8·1 answer
  • Do you prefer to work alone or as a member of a team? Explain.
    14·2 answers
  • Which of the followinThe IS-LM can be viewed as a special case of the AS-AD model where:
    12·1 answer
  • QS 9-8 (Algo) Recording employer payroll taxes LO P3 Merger Co. has 10 employees, each of whom earns $1,700 per month and has be
    9·1 answer
  • ............................
    12·1 answer
  • Gregory knew that he was going to have to pay a premium for buying a home in a certain area but was determined to do so because
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!