Answer and Explanation:
The computation is given below:
Direct Material price variance is
= ($1.70 per lb - $1.65 per lb) × 55,500 lbs.
= $2,775 Unfavorable
Direct Material quantity variance is
= (55,500 lbs. - 56,600 lbs.) × $1.65 per lb
= $-1,815 Favorable
Total Direct Materials Cost Varianceis
= Actual Materials Cost - Standard Materials Cost
= (55,500 lbs. × $1.70 per lb) - (56,600 lbs. × $1.65 per lb)
= $94,350 - $93,390
= $960 Unfavorable
Answer:
The correct answer is: unitary elasticity.
Explanation:
Unitary elasticity takes place when the change in quantity demanded of a good or service represents a proportional change in price. Under this scenario, the elasticity -<em>measure of how prone is to react a good or service in price due to change in other factors, ceteris paribus</em>- equals to 1.
Answer:
(a) Here the child is going through a Sensorimotor stage of cognitive development in Piaget's stages. A child basically becomes more familiar to the people whom they see and interact everyday as compared to the people whom they meet once in a while. That's the reason why they are resistant towards these people and act differently as they don't feel secure with them. It will take him time to become comfortable. To gain child's confidence and trust it is important to treat him with care and love. To ease out the situation for the child and to make child interactive to the aunt, I would make sure that child sees his parents communicating and interacting with the aunt so that he is not afraid of her.
(b) Here child as per the Erikson's theory is in the stage of Autonomy vs. Shame. In this stage, the children feel that to get Parents attention they have to behave in a certain manner. In this case, I would try to ignore her activities and would make her engage in some other activities of her interest like toys, games or videos.
(c) Infant daughter is in the first stage of development i.e Sensorimotor stage. In this stage according to Piaget newborns explore the surrounding through their senses. There is nothing to worry about this, as it is completely normal. In this case what I can do is to avoid unwanted mouth to object interaction of the things that are injurious to her and will try to convey her that these things are not good through bad facial expressions. Also, till the time child is in this age, I will try to keep the home clean and safe as much as I could.
(d) According to Erikson's stages of development, this stage is called Industry vs. Inferiority stage. The child becomes comparatively more confident and skilled in baseball than mathematics. That's why he focuses on the activity in which he is more comfortable and capable.
In this case, I would encourage him to improve his skills. It is important at this to become friendly to the child and let him do the activities which he likes, otherwise, he will mental pressure. I will give him personal tutoring of maths and at the same to develop his interest in the subject, baseball can be used as a reward. In the meanwhile of studies, we can have an interesting conversation about baseball as well.
Answer:
arithmetic average growth rate = (4% + 3.37% + 5.12% + 3.1%) / 4 = 3.9%
we need to find the required rate or return (RRR) in the following formula:
stock price = expected dividend / (RRR - growth rate)
- expected dividend = $2.33 x 1.039 = $2.42
- stock price = $55
- growth rate = 0.039
55 = 2.42 / (RRR - 0.039)
RRR - 0.039 = 2.42 / 55 = 0.044
RRR = 0.083 = 8.3%
geometric average growth rate = [(1.04 x 1.0337 x 1.0512 x 1.031)¹/⁴] - 1 = 3.89%
again we need to find the required rate or return (RRR) in the following formula:
stock price = expected dividend / (RRR - growth rate)
- expected dividend = $2.33 x 1.0389 = $2.42
- stock price = $55
- growth rate = 0.0389
55 = 2.42 / (RRR - 0.0389)
RRR - 0.0389 = 2.42 / 55 = 0.044
RRR = 0.0829 = 8.29%
