Answer:
Direct material price variance
= (Standard price - Actual price) x Actual quantity purchased
= ($10 - $7) x 1,300 pounds
= $3,900(F)
Explanation:
Direct material price variance is the difference between standard price and actual price multiplied by actual quantity purchased.
Answer:
Explanation:
HR processes involved to activities:
Employee leasing and outsourcing → Recruitment
Organizing orientation programs → Training
Expanding certain departments ans closing down others → right sizing
Providing paid vacation time to employee → designing compensation package
Answer:
The amount of maximum net loss is $100
Explanation:
The butterfly spread comprise of buying 100 options with the strike price of $60 and $70 and the selling 200 options with the strike price of $65.
The maximum loss is when the strike price is less than $60 or be greater than $70. The aggregate payoffs from the options will amount to $0.
The cost of setting up the butterfly spread is:
= 11 × 100 + 18 × 100 - 14 × 200
= $100
Therefore,the net loss will be $100
Answer:
A) IRR, NPV, Payback period
Explanation:
According to Graham and Harvey's 2001 survey, for capital budgeting decision making, the following capital techniques are used which are described below:
Internal rate of return: It is that rate of return in which the net present value is zero that means initial investment and the present value of the annual cash inflows are equal
Net present value: In this method, the initial investment is subtracted from the discounted present value cash inflows. If the amount comes in positive than the project is beneficial for the company otherwise not.
The computation of the Net present value is shown below
= Present value of all yearly cash inflows after applying discount factor - initial investment
The discount factor should be computed by
= 1 ÷ (1 + rate) ^ years
Payback period: It refers to the period in which the initial investment amount should be recovered. It is denoted in years
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
1) The most permanent type of business organization is a Corporation.
It<span> is a company or group of people or an organisation authorized to act as
a single entity (legally a person) and recognized as such in law.
</span><span>2) Quasi-contracts are based on the theory of Equity. </span><span>A quasi-contract is a
fictional contract that was created by courts to promote equitable
treatment. It is not an actual, legally-binding document, but instead a legal
substitute for a contract that is formed to impose equity between two
distinct parties.
3) </span>The object of the contract must be lawful.. T<span>he </span>object<span> of a </span>contract must
be lawful<span> when the </span>contract<span> is made, and possible and ascertainable by
the time the </span>contract is to<span> be performed.</span>
