Answer:
So a favorable material price variance might be more than offset by an adverse usage variance
Explanation:
<em>Material price variance</em>
<em>A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. </em>A favourable variance is recorded where the actual total cost of materials of a given quantity is lower that the standard cost. While an adverse variance implies the opposite
<em>Material usage variance</em>
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used.</em> A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite
<em>Relationship between Usage variance and Price variance</em>
Where savings are made from purchase of cheap and inferior quality materials these might lead to an adverse usage variance by a greater value .This is so because workers might need to use a larger quantity ( more than the standard required) of a low-quality materials to achieve production.
So a favourable material price variance might be more than offset by an adverse usage variance
Answer:
B) higher in the computer industry
Explanation:
Two industries are given: computer and shoe industry.
it is given in the question that the computer industry is more capital intensive than the shoe industry. which means that the computer industry involves more investment than the shoe industry. Hence, if we calculate the capital and labor ratio then we get a high capital ratio for the computer industry because it includes high investment than shoe industry
Answer:
Gross Profit = $5,172
Explanation:
For the information provided,
Manufacturing overhead at an activity level of 10,000 machine hours = $400,000
Thus, overhead per hour = $400,000/10,000 = $40 per hour
Direct material = $1,000
Direct labor cost = $1,500
Total manufacturing cost allotted = $40 
23 = $920
Total direct cost = $1,000 + $1,500 + $920 = $3,420
Sales revenue = $716 12 = $8,592
Gross profit = Sales - Cost = $8,592 - $3,420 = $5,172
Answer:
Nature of rivalry
Explanation:
In this context, rivalry represents a situation in which people, businesses, compete with each other for the same thing or market.
Action shoes has a lot of competition in the market, understanding the nature of rivalry implies that they know how to contend with their competitors.
Sometimes this may be called having or knowing your competitive advantage over your competitors.
Answer:
A market index is an indicator of the price movement of a certain sector in an economy. Statistical measures are used to average and calculate these numbers. Consumer price index, down Jones industrial average and s&p 500 are the most famous indices.
These factors affect the stock prices,
market performance
the company’s financial health
the economy
Overall market and industry performance allomg with.the functioning capacity of the overall economy has a tremendous impact on the stock prices as well. Mainly it affects the foreign investments.
Explanation:
