Answer:
(a) -$326400
(b) -$56000
Explanation:
We have given actual variable cost of goods sold for a product = $140 per unit
Planned variable cost of goods sold = $136 per unit
Volume is increased by 2400 units to 14000 units
So planned units of sales = 14000 - 2400 = 11600
(a) Variable cost quantity factor is given by
Variable cost quantity factor = ( Planned units of sales - actual units of sales )×planned units of cost
= ( 11600 - 14000 ) ×136 = -$326400
(B) Unit cost factor = ( Planned cost per unit - actual cost per unit )×actual units sold
= ( 136 - 140 ) ×14000 = -$56000
<span>Intrinsic value of a call option is the difference between underlying stock's price and its strike price, here it is = 85 - 70 = $15
Time value of this call option will be = cost of option - intrinsic value = 16.8 - 15 = $1.8
So, intrinsic value = $15.00 and time value = $1.80</span>
Quality is used to assesses the dimension of the products for reaching its fame among customers.
<u>Explanation:</u>
- The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.
- Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance, price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
A company name eyedetect has developed an eye tracking tool that could help detect the BEHAVIOR OF LYING.
The name of the company is Converus and is based in Utah. The test that the company developed is called eye dectect. The eye detect test uses a high resolution infra red camera to monitor and record changes in pupil size and the differences in the way a subject reads statements. The test works on the basis that, a person who is lying will be under mental load and therefore, his pupil will dilate and it will take longer time for such a person to read a set of statements.