Answer:
The correct answer is D: $3500 unfavorable
Explanation:
Giving the following information:
Standard:
Direct materials standard 10 pounds per unit
Direct materials standard cost $0.75 per pound
Actual:
Material purchased cost $0.85 per pound
Direct materials purchased 40,000 pounds
Direct materials used 35,000 pounds
Finished goods produced 4,500 units
Direct material price variance= (SP-AP)*AQ
SP= standard price
AP= actual price
AQ= standard quantity
Direct material price variance= (0.75-0.85)*35000
Direct material price variance= $3500 unfavorable
Answer:
C. $43.33
Explanation:
FCF1 = $75.00
Constant growth rate = 5%
WACC = 10%
Total firm value = FCF1/(WACC-g) =$1,500
Value of debt & preferred=$200
Value of equity = $1,300
# of shares = 30
Value per share = equity value /shares =$43.33
Hi !!
The largest consumer debt concerns home mortgage.
it has gone up to 9,14 trillions.
In second place comes student loans
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☺☺☺
Answer: B. Each firm produces up to the point where the price of the good equals the marginal cost of producing the last unit.
Explanation:
Allocative efficiency means that the point chosen on the production possibility frontier is socially preferred.
In a perfectly competitive market, allocative efficency is achieved at the point where price equals the marginal cost of production. At this price producer and consumer surplus is maximised.
