Answer:
A. The company paid a higher cost for the direct materials than allowed by the standards.
Explanation:
The following is a logical explanation for this variance:
Since, the standard quantity of raw materials to be used is 22 pounds x 500 units = 11000 pounds. The actual usage is 9500 pounds ony. Hence, variance in direct material price variance can be only due to higher cost of direct material purchased.
Answer:
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Answer: Affiliate marketing
Explanation: Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own efforts of marketing. Affiliate marketing is the process of earning a commission by promoting other people's (or company's) products. The scenario above illustrates affiliate marketing, because If customers click on a logo, visit the vendor’s site, and make a purchase, then the vendor pays a commission to the partner.
The yearly rate of inflation in car prices over the 8 years that Dave bought his new car for $8,400 is <u>5.1%</u>.
<h3>What is inflation?</h3>
Inflation is the general increase in prices of goods and services in an economy which reduces the purchasing power of the consumers.
Based on the given information, the yearly increase in the inflation rate can be computed using the present value formula from an online finance calculator as below.
<h3>Data and Calculations:</h3>
N (# of periods) = 8 years
I/Y (Interest per year) = 5.1%
PMT (Periodic Payment) = $0
FV (Future Value) = $12,500
<u>Results:</u>
PV = 8,396.31 or $8,400
Total Interest $4,477.49
Thus, the yearly rate of inflation in car prices over the 8 years that Dave bought his new car for $8,400 is <u>5.1%</u>.
Learn more about inflation at brainly.com/question/8149429
Answer: A
Explanation: Tariffs are imposed on foreign goods that are bought into a country. There are several reasons for the imposition of tariff such as revenue generation for the government, prevention of dumping, and protecting local industries.
When tariffs and other trade restrictions are placed on a product, it increases the domestic prices of such products. This is a blessing to domestic producers selling similar products because there will be an increase in demand for domestic products