Answer:
1,065 U
Explanation:
Materials Price Variance = Actual Quantity Purchased * (Standard Price – Actual Price)Actual Price= Total Cost / Quantity Purchased
= ($27,690 /21,300 )=$ 1.3
=21,300* [$1.25 – $1.3]
=21,300*0.05
=1,065 U
During May, the materials price variance for part XBEZ52 was 1,065 which is Unfavourable because the actual
purchase price is higher than standard.
Answer:
The statement is true
Explanation:
Market-clearing price is the price of a product or a service in which the quantity sold is equal to the quantity demanded and There are no surpluses or shortfalls on the market, it's also known as the price of equilibrium. The theory suggests that consumers tend to shift to that price
Answer:
c. 8.40%
Explanation:
Use CAPM formula to solve this question;
CAPM r = risk free + beta(Market risk premium)
expected return ;r = 12.50% or 0.125 as a decimal
0.125 = 0.02 + 1.25 (MRP)
subtract 0.02 from both sides;
0.125 - 0.02 = 1.25MRP
0.105 = 1.25MRP
Divide both sides by 1.25 to solve for MRP
0.105/1.25 = MRP
0.084 = MRP
Market risk premium (MRP) is therefore 8.40%
Answer:
-3
Explanation:
PED= change in quantity demanded /change in price
Answer:
Continuous
Explanation:
Continuous production process is the procedure where the manufacture of the products need the sequential performance of different processes on multiple machines receives the material for manufacturing by the closed channel.
This process is mostly used in the business of chemical and paper.
So, in this case, the most effective way to produce the gasoline is the kind of production which is referred as the continuous production process.
