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Andrews [41]
3 years ago
11

Correct answers will get extra!!! Points

Business
1 answer:
lutik1710 [3]3 years ago
8 0
1. True
2. False
3. True

Sorry if I get the wrong answers!!!
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The standards for product V28 call for 8.6 pounds of raw material that costs $19.00 per pound. Last month, 2,600 pounds of the r
aliina [53]

Answer:

A. $520 U

B.178 F

Explanation:

A.

Materials price variance = (AQ × AP) – (AQ × SP)

= $48,880 – (2,600 × $19)

=$48,880-$49,400

= $520 U

Therefore the material price variance for the month is $520U

B.

Materials quantity variance = SP(AQ – SQ*)=

$19 ($2,500 – $2,322) = $178F

Therefore the materials quantity variance for the month $178F

SQ = Standard quantity per unit × Actual output

= 8.6 × 270 = $2,322

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3 years ago
As the vp of warranty claims in the andrews company, you and your team regularly review your insurance broker emails as a proced
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Your firm, your boss’s clients, and shareholders


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Otion Inc. is a relatively new firm in the consumer electronics industry. The company's primary objective is to become the marke
muminat

Answer:

C) Internal production systems that could reduce costs by 30 percent below the current industry standards

Explanation:

VRIO can be defined as the tool used to analyze a firm’s <u>internal resources and capabilities</u> in relation to them being a source of sustained competitive advantage. It purports that organisations have to look inwards for development of competitive advantage.

VRIO is an acronym for a the four qualities that must be possessed if internal competencies must produce competitive advantage:  Value, Rarity, Imitability, and Organization.

Hence in the case of Otion Inc, the right resolve and direction is its <u>internal</u> production systems being able to reduce costs by 30% below industry standards.

The key word is internal.

7 0
3 years ago
TVs and VCRs are:<br><br> A. needs<br> B. wants<br> C. resources<br> D. markets
Yanka [14]

Answer:

I believe I is B-wants

Explanation:

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3 years ago
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Which of the following statements about the relationship between the financial market and the economy is TRUE?
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the economy predicts what happens to the financial market. Example the 2008 recession happened because of the economy lot of people were losing jobs and defaulted on their mortgages which caused the 2007 real estate crash.

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