Answer:
b.$6,619.48 unfavorable
Explanation:
Calculation to determine the direct materials price variance
First step is to calculate the Total number of actual quantity used
Total number of actual quantity used = 9400×5.03
Total number of actual quantity = 47,282
Now let determine the Material price variance
Using this formula
Material price variance = ( Standard price - Actual price ) × Actual quantity used
Let plug in the morning
Material price variance= ( $1.90 - $2.04 ) × 47,282
Material price variance=-0.14×47,282
Material price variance = -$6,619.48 unfavorable
Therefore the direct materials price variance is
-$6,619.48 unfavorable
Answer:
$3,849.87
Explanation:
The change in balance is the net of the receipts and the payments.
The receipts include the receivables and the interest paid by the bank while the payments include the outgoing expenditure and bank charge.
Balance change
= $16,590 - $12,730 -$12.50 + $2.37
= $3,849.87
The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
Answer:
The question is incomplete, the options are missing. The options are the following:
a) Flexibility; price
b) Flexibility; quality
c) Quality; price
d) Price; quality
e) Price; flexibility
And the correct answer is the option E: Price; flexibility.
Explanation:
To begin with, in the field of business management the term known as "product imitator strategy" refers to a type of technique or strategy used by the companies in the situation where the want to reproduce a product that is imitating the product of the leader company of the industry. It is a very common and used method in most of the industries due to the fact that it happens when many companies try to produce a product that is similar to the ones of Apple for example. And when it comes to this strategy the most important matter for the customer is the price while for the for the product innovator strategy is the flexibility of it.
