Answer:
The correct answer to the following question is Unfavorable direct material cost variance .
Explanation:
Unfavorable variance can be defined as an accounting term which describes situations where the actual cost that a company would bear is more than the standard cost. This will alert a management that there will be fall in the expected profit of the company. In the given question , same situation will take place if the production manager decides to buy high grade materials which will cause more cost and thus will lead to decrease in profit.
Answer:
There exists a positive relationship between the price and quantity supplied and thus a supply curve is upward sloping
Explanation:
All things being equal, when the price of a good increases, the quantity supplied increases as there would be more suppliers in the market or existing suppliers would be willing to do more. The same is also the case if the price falls, supply would fall
When we plot a graph with price and quantity, we noticed that it slopes upwards as quantity increases as prices does
If this is a true/false question, the answer is FALSE. Usually creating an international division comes after some time and the international ventures have gotten a foothold in the respective country.
Answer:
the present value is $7,669.294
Explanation:
The computation of the present value is shown below:
As we know that
A = Present value × e^(rate × time period)
$9,000 = Present value × e^(0.04 × 4)
Present value = $9,000 ÷ e^0.16
= $9,000 ÷ 1.1735
= $7,669.294
Hence, the present value is $7,669.294
We simply applied the above formula so that the correct value could come
And, the same is to be considered
