Answer:
Option (B) is correct.
Explanation:
Given that,
Standard Price = $5
Direct material (Actual Price) = $4.9
Actual Quantity Purchased = 28,900
Materials price variance for January:
= (Standard Price - Actual Price) × Actual Quantity Purchased
= ($5 - $4.9) × 28,900
= $2,890 (Favorable)
Therefore, the materials price variance for January is $2,890 Favorable.
Answer:
Interpreting research findings
Explanation:
The answer is, it is reported in
"<span>
Significant figures".</span>
<span>The significant figures of
a number are digits that convey significance adding to its estimation
determination. This incorporates all digits with the exception of: Every
leading zero; Trailing zeros when they are just placeholders to show the size
of the number and Spurious digits presented.</span>
What we're looking for is if the extra take-home pay will cover the extra $100/week in expenses.
If you work a 4 hour shift each weeknight, then multiplying that by the number of weeknights:
4 x 5 = 20
we find that you will work 20 extra hours per week.
Since you are making $9/hour, multiplying that by how many hours you will be working we can find how much extra your gross pay will be per week:
9 x 20 = 180
You will be making $180 extra gross pay per week.
Since you take home 70% of your gross pay, if we multiply your gross pay by 70$, we will find your take-home pay:
180 x 0.70 = 126
Your extra take-home pay will be $126 dollars.
Since $126 is greater than $100, it is worth it to get the car.
Answer:
D) when marginal returns become negative.
Explanation:
Generally diminishing marginal returns lead to lower returns, but when capacity constraints are extreme, then adding one extra unit of labor or capital might result in a lower total production, and diseconomies of scale.
For example, you own a pizza place. One worker can produce 10 pizzas per hour, 2 workers can produce 19 pizzas per hour, 3 workers will produce 25 pizzas per hour, but a fourth worker can barely fit in the kitchen and total production will fall to 24 pizzas per hour. When the addition of one extra unit of labor or capital generates a negative return, the marginal return will result in a lower output.
The same applies to a larger company, e.g. a company has a sales team of 50 which generate 400 sales per week. Since the company wants to increase sales they hire 25 more salespeople and total sales increase to 520, but the market is already being saturated, and the salespeople are starting to compete against each other. But management believes they can still increase their sales and hires 25 more salespeople, but the total amount of sales doesn't increase and might even decrease. Instead of working as a team, the salespeople are working against each other and they are ruining other salespeople's sales in order to try to close it themselves.
Just because you keep adding workers, it doesn't mean that more work will get done.
