Answer:
Direct Material Price Variance = $300 Favorable
Explanation:
Direct Material Price Variance = (Standard Price - Actual Price) Actual Quantity
Standard Price = $4 per pound
Actual Price = =
Since the actual price is less than the standard price the variance will be favorable as the amount paid for actual use is less then the estimated standard cost.
Thus, direct material price variance = ($4 - $3.8) 1,500
= $300 Favorable
The planning without <em>Implementation </em>will be useless.
Strategic planning means the process of documenting and establishing the direction of the organisation goals and objectives
- The purpose of this type of planning is that its outline the master goals for one's business and also develop a plan on how to achieve them.
- The reason why plans are created is to know how to implement certain steps, so therefore, the implementation is the final process on the plan chain.
In conclusion, It is wide-known that <u>a plan with action is worthless</u>. Therefore, a planning without <em>implementation</em> of such plan makes the plan more worthless.
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<em>brainly.com/question/17185056</em>
PPP is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
<h3 /><h3>What is purchasing power parity?</h3>
Purchasing power parity (PPP) is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
It uses the prices of specific goods to compare the absolute purchasing power of currencies and, to some extent, the living standards of their people.
Therefore the above statement explains the purchasing power parity.
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Answer:
Intrinsic value of the stock = $46.67
Explanation:
D1 = $7
Required return = 30%
Growth rate = 15%
Intrinsic value of the stock = D1 / (Required return - Growth rate)
Intrinsic value of the stock = $7/(0.3 - 0.15)
Intrinsic value of the stock = $7 / 0.15
Intrinsic value of the stock = $46.67
Answer:
E) $ 100, 000.
Explanation:
Under consolidation when the share holding is 50% or more, then it is a parent, subsidiary relationship and in that case equity method is followed.
All the assets of subsidiary are reported in the balance sheet of holding company also. This is to be reported at fair market value.
The minority shareholding is calculated for their share and shown separately.
But all assets are recorded at fair value.
Thus, the correct option shall be:
$100,000 being the fair value of land.