Answer:
The correct answer is B.
Explanation:
Giving the following information:
Standard quantity= 7.8 grams per unit of output
Standard price= $6.50 per gram.
During the month the company purchased 27,900 grams of the direct material at $6.70 per gram.
To calculate the material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (6.5 - 6.7)*27,900
Direct material price variance= $5,580 unfavorable.
It is unfavorable because the actual price was higher than estimated.
Answer: Option A
Explanation: In simple words, relationship marketing refers to the strategy under which an organisation tries several practices to foster positive relationship with the customers. These activities are designed to keep hearty relationships which will ultimately lead to strong and stable customer base.
In the given case, Marriott is rewarding their regular customers by providing them with special services and attention. Thus, we can conclude that the given case depicts relationship marketing.
Answer:
The correct answer is <em>restrict the ability of firms to merge.</em>
Explanation:
Antitrust laws are the body of law that prohibits anti-competitive behavior (also known as monopolies) and business practices that are unfair. These laws were created to encourage market competition. Antitrust laws also make certain practices considered illegal for companies, consumers or both, or those who violate the standards of ethical conduct in general. For example, antitrust laws prohibit agreements that restrict trade or encourage monopolization, attempted monopolization, anti-competitive merger and tie-in agreements; and in some circumstances, price discrimination in the sale of products.
Both the Federal Government and the State Attorney General can process antitrust claims. Private civil lawsuits may also be filed in state and federal courts, against those who violate state and federal antitrust laws. Federal antitrust laws, as well as most state laws, allow triple compensation against those who violate those laws, to encourage private lawsuits by enforcing antitrust laws.
721-749 is a good credit score. But 721 and up is good
Answer:
$3.75
Explanation:
As we already know that
Direct materials quantity variance = (Budged pounds of direct material - Actual pounds of direct material) × Standard rate
$1,500 unfavorable = (4,400 pounds - 4,800 pounds) × Standard rate
$1,500 unfavorable = 400 × Standard rate
So, standard rate is
= $1,500 ÷ $400
= $3.75
We simply applied the above formula
