Roosevelt's "big stick" foreign policy meant that the United States would engage in diplomatic negotiations while retaining the ability to use force if necessary.
<h3>What are some examples of Roosevelt's big stick strategy?</h3>
Numerous instances in foreign affairs, President Roosevelt employed big stick policy. He negotiated a peace deal between Russia and Japan, expanded American influence in Cuba and more.
<h3>How did America benefit from the "big stick" policy?</h3>
Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy.
<h3>How was the "big stick" approach applied in Panama?</h3>
Roosevelt used the "big stick" to put down the Colombian uprising by aiding the Panamanian people. He dispatched American battleships to the Colombian coast in November 1903 to prevent it from putting down the revolt in Panama.
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Answer:
1. Total cost of purchases for the month
- = actual purchases x actual price = 200,000 pages x $0.175 per page = $35,000
2. Materials price variance
- = (actual unit cost - standard unit cost) x actual quantity used = ($0.175 - $0.17) x 185,000 = $925 unfavorable
3. Materials quantity variance
= (actual quantity used - standard quantity allowed) x standard price = (185,000 - 170,000) x $0.17 = $2,550 unfavorable
4. Net materials variance
- = materials price variance + materials quantity variance = $925 + $2,550 = $3,475 unfavorable
Explanation:
Actual purchase price $0.175 per page
Standard quantity allowed for production 170,000 pages
Actual quantity purchased during month 200,000 pages
Actual quantity used during month 185,000 pages
Standard price per page $0.17 per page
