Answer:
$1.5 per pound
Explanation:
The computation of the material price variance is shown below:
Material price variance = Actual Quantity × Actual Price - Actual Quantity × Standard Price
$5,000 = 10,000 pounds × $2 - 10,000 pounds × Standard price
$5,000 = $20,000 - 10,000 pounds × Standard price
So, the standard price would be
= $15,000 ÷ 10,000 pounds
= $1.5 per pound
Answer:
(d) Equity theory
Explanation:
Equity theory is based in the idea that individuals are motivated by fairness, and if they identify inequities in the input or output ratios of themselves and their referent group, they will seek to adjust their input to reach their perceived equity. In this scenario Jay was demoted by the unfair treatment he received when compared to the treatment of the newly recruited sales representatives.
Answer:
$55,000
Explanation:
we must determine the total budgeted manufacturing cost per unit = direct materials per chair x direct labor per chair + variable manufacturing overhead cost per chair = $60 + $30 + $20 = $110 per unit
total budgeted sales = 500 units sold in January
budgeted cots of goods sold = 500 units x $110 per unit = $55,000
Answer:
<em>Some advertisement use </em><em>exaggerated and false praise in order to increase their sales.</em>
Explanation:
In the above situation this advertisement is using the Slogan which is termed as puffery because there is no such thing as light beer all kinds of beer has same amount of sugar and calories.
The advertisement is a false praise of serving a light beer which will help you feel light and won't grow the beer tummy. Therefore, this is a correct example of Puffery slogans.
