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3 years ago

LO 8.5Identify several causes of a favorable material quantity variance.

Business

1 answer:

BlackZzzverrR [31]3 years ago

3 0

Answer:

Possible causes of material quantity variance:

1. The use of sub-standard material

2. The use of unskilled labour

3. Wastage of material

Explanation:

Material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. The use of sub-standard material reduces the quality of output thereby resulting to unfavorable material quantity variance. The use of unskilled labour also leads to unfavorable material quantity variance. Wastage of material due to low quality of inputs also results to unfavorable material quantity variance.

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Assume a demand equation for good 'x': Upper Q equals 9 minus 0.1 p minus p Subscript y Baseline plus 0.01 p Subscript z Baseli

yan [13]

Answer: Q = 5.8 units

Explanation:

Q = 9 - 0.1p - py + 0.01pz + 0.0005Y

Where,

p = own price of the good

py = price of a related good = $3

Q = quantity demanded

pz = price of a different related good = $200

Y = consumer income = $4,000/mo

Therefore,

Q = 9 - 0.1p - 3 + 0.01 × 200 + 0.0005 × 4000

Q = 9 - 0.1p - 3 + 2 + 2

Q = 10 - 0.1p

If price of this good 'x' is equal to $42 per unit then,

Q = 10 - 0.1 × 42

= 10 - 4.2

Q = 5.8 units ⇒ Quantity demanded

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3 years ago

Read 2 more answers

In terms of job dissatisfaction, an employee who calls in sick or arrives to work late is engaging in?

Verizon [17]

In terms of job dissatisfaction, an employee physical job withdrawal calls in sick or arrives to work late is engaging in.

What is physical job withdrawal?

The most recognizable withdrawal behaviors are physical ones.
These actions include leaving the job, being tardy or late, absconding, internal job transfers, and turnover.

What is psychological job withdrawal?

The behavior and attitudes of employees that contribute to poor job performance at work are known as psychological withdrawal behavior (Johns, 1997; Shaw et al., 2005; Kaplan et al., 2009; Shapira-Lishchinsky and Rosenblatt, 2010).

Withdrawal symptoms include -

Lethargy and somnolence.
Increased appetite.
Anhedonia, depression, mild anxiety, and a loss of motivation.
Severe cravings.
The potential to develop hallucinations and/or delusions.

Learn more about physical job withdrawal

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2 years ago

Northern Trail Outfitters (NTO) has created a new onboarding series for customers who have purchased its fitness tracker. Custom

choli [55]

Answer:

The correct answer is A

Explanation:

Personalized recommendations is the which is grounded on the behavior of the user or the customer. These are the items or the product which have been considered, viewed or purchased from one of the customers who is currently or presently considering.

So, NTO, who established the onboarding series which involves the personalized recommendations of the customer but lacks somewhere, therefore, best practice for achieving in the current situation is recommending personally to the customer.

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3 years ago

Real estate salespersons can lose their licenses for: Group of answer choices

Vedmedyk [2.9K]

Answer:Commingling escrow (trust) money with personal funds.

Explanation: Commingling of funds is the bringing together of two or more funds from different source in such a way that the owner of the funds can not properly determine how much is his or her own.

COMMINGLING OF FUNDS BELONGING TO THE PRINCIPAL WITH PERSONAL FUNDS IS PUNISHABLE UNDER THE UNITED STATES OF AMERICA CONSTITUTION AND CAN LEAD TO REVOCATION OF THE LICENSE OF AREAL ESTATE SALES PERSON.

other options are permissible like the use of aggressive sales techniques(extraordinary actions like creating artificial urgency,thinking like a marketer etc),not showing buyers all the available properties in a given area is not punishable as there are various reasons that can lead to such.

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4 years ago

A city has built a bridge over a river and it decides to charge a toll to everyone who crosses. For one year, the city charges a

lara [203]

Answer: in the inelastic portion of the demand curve

Explanation:

Remaining part of the question is:

.. in the inelastic portion of the demand curve, the elastic portion of the demand curve, or the unit elastic portion?

Elasticity measures how much quantity demand changes in response to a change in price.

An inelastic demand means that when prices change, demand does not change as much. You can therefore increase prices with a good that has inelastic demand and still expect close to the same demand.

If the city wants to raise as much revenue as possible from the tolls, they should increase prices on the inelastic portion. Because it is inelastic, the demand will remain close to the same which would increase revenue as the same number of people are paying higher.

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3 years ago