Answer:
Direct material quantity variance= $2,170 unfavorable
Explanation:
<u>To calculate the direct material quantity variance, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (2*5,000 - 10,310)*7
Direct material quantity variance= $2,170 unfavorable
Answer:
Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.
There are 4 basic aspects of globalization
1.Dissemination of knowledge.
2.Migration and movement
3.Capital and investment movement
4.Trade and transctions.
Explanation:
1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.
2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.
3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.
4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.
The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.
<h3>What is positioning?</h3>
The process of positioning refers to the establishment of a business and its products in the market by creating awareness about it. This product positioning helps to create an image of the products among customers.
This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.
Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.
This helps them to settle the unique value of their products among customers after recognizing the value of competitors' products.
Learn more about positioning, here:
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Answer:
The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.
Explanation:
Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.
Answer:
<u>Thus Calculation of September Cash Receipts is as follows:</u>
September Sales ( $170,000 × 30%) = $51,000
August Sales ( $150,000 × 55%) = $82,500
Total = $133,500
Explanation:
September cash receipts will include the following :
- 30% of September Sales
- 55% of August Sales
<u>Thus Calculation of September Cash Receipts is as follows:</u>
September Sales ( $170,000 × 30%) = $51,000
August Sales ( $150,000 × 55%) = $82,500
Total = $133,500