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Andrew [12]
4 years ago
9

Which of the following formulas is used to calculate the materials price variance? a.(Actual Price × Actual Quantity) – (Standar

d Price × Standard Quantity) b.(Actual Price × Actual Quantity) – (Standard Price × Actual Quantity) c.(Variable Price × Actual Quantity) – (Total Price × Actual Quantity) d.(Fixed Price × Average Quantity) – (Standard Price × Actual Quantity) e.None of these choices are correct.
Business
1 answer:
GalinKa [24]4 years ago
6 0

Answer:

b.(Actual Price × Actual Quantity) – (Standard Price × Actual Quantity)

Explanation:

The material price variance shows how favourable or otherwise the  actual material price is compared to the standard price. Where the actual material price is higher than the standard price, it results in an unfavorable variance and when the standard price is higher than the actual price, it results in a favourable variance.

The formula for the material price variance

= (Actual price - Standard price) × Actual quantity

= (Actual price × Actual quantity) - (Standard price × Actual quantity)

Hence the right option is b.

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What changes should be made to the above statement, located within a resume, to make it a more effective and powerful sounding q
never [62]

Explanation:

The question is incomplete as there is no above statement here. Here a general interpretation of the question shall be made. Normally human resource mangers have to go throughout thousands of resumes and it is not always possible for them to read line by line. This can negate chances of getting through for an employee. So they can make it a bit attractive by going some extra edge and using attractive lines that  are some in style and structure. They should not bombard the resume with precious English words by just represent their academic and extra curricular sides in brief.

6 0
3 years ago
In addition to an annual base salary of $1.3 million, Heather Bresch, CEO of Mylan Pharmaceuticals, also received 6.4 million US
Viefleur [7K]

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Explanation:

The scenario given in the question explains that top level managers may pursue their own interests over that of the company.

In the case of sole proprietorship or partnership business, the revenue generated by the firm or the profit made belongs to the owners. In the case of of a Corporation, this isn't the case as the revenue should be used for Shareholders benefits. Sometimes, there may be a conflict of interest which may then bring about a situation whereby the top level managers pursue their own interests over that of the company.

Hence, the correct option is C.

6 0
3 years ago
Financial managers should primarily focus on the interests of:
Sloan [31]
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7 0
3 years ago
Susan can bake 200 cookies in an hour or watch her favorite tv show. If she chooses to watch her show, her opportunity cost is
Oksanka [162]

Answer:

200 cookies

Explanation:

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Opportunity cost is the cost or worth of the item forgone from the list of wants. Hence is is also called real cost or opportunity foregone.

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If the resources available can only satisfy the first want, the second on the list is the opportunity cost.

As such, Susan's opportunity cost is the 200 cookies she failed to bake.

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4 years ago
In a food chain a bigger fish eats a smaller fish. what is the bigger fish called
stellarik [79]
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4 years ago
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