Answer:
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
Explanation:
Direct Material Price Variance = (Actual Price - Standard Price) 
Actual Quantity
Opening the brackets we have
Actual Price Actual Quantity - Standard Price Actual Quantity
therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units
Final Answer
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
Answer:
39.8
Explanation:
Calculation to determine Delivery cycle time
Using this formula
Delivery cycle time = Wait time + Throughput time = Wait time + (Process time + Inspection time + Move time + Queue time)
Let plug in the formula
Delivery cycle time= 29.7+ (0.4 + 0.3 + 3.8 + 7.4)
Delivery cycle time=29.7+11.9
Delivery cycle time=39.8
Therefore Delivery cycle time is 39.8
Answer:
According to finance theory, firms should attempt to maximize the <u>long term price </u>of the firm's common stock. The benefit to this objective is that it provides the best financial outcome for the firm's shareholders
.
Explanation:
Finance theory distinguishes between profit maximization and wealth maximization.
Profit maximization is considered to be a narrow concept as it is only concerned of activities by which a company can maximize it's gains at any cost.
Wealth maximization takes into account taking care of the interests of stakeholders which include a company's shareholders. When emphasis is laid upon wealth maximization of shareholders, profits are automatically taken care of.
Shareholder's wealth maximization is one of the aims of financial management as it's a broader concept.
