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marin [14]
4 years ago
9

Goodard Inc. planned to use $156 of material per unit but actually used $147 of material per​ unit, and planned to make 1,140 un

its but actually made 900 units. The sales−volume variance for materials is​ ________.
Business
1 answer:
Gnesinka [82]4 years ago
8 0

Answer:

2700, favorable

Explanation:

To calculate the sales-volume variance for materials, we use the equation as follows;

Sales-volume variance for materials = (Actual Price - Standard Price)*Aqual Quantity

sales-volume variance for materials = (147-150)*900

sales-volume variance for materials = 2700 Favorable

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Answer:

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3 years ago
A marketing __________ is defined as the means by which a marketing goal is to be achieved. it is characterized by a specified t
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3 years ago
Three possibilities are equally likely and have payoffs of $3, $6, and $9. the expected value is:_________
4vir4ik [10]

When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.

<u>What is Expected Value? </u>

Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.

Hence, in the above questions, there are equally likely possibilities.

So, in this case, the probability for each possibility is 1/3.

We can calculate the expected value (EV) as:

EV=((1/3) x $3) +  ((1/3) x $6) + ((1/3) x $9)

   =1 + 2 + 3

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Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.

You can learn more about expected value at brainly.com/question/24305645

#SPJ4

4 0
2 years ago
The duration of a project with concurrent tasks is ___________ the sum of the times for the activities.
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5 0
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One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the
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26.70 trillion

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8 0
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