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3 years ago

the difference between the actual quanity and the standard quanity, multiplied by the standard price is the

Business

1 answer:

dalvyx [7]3 years ago

6 0

Answer: Direct materials quantity variance.

Explanation:

Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.

It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.

Causes of this can be low quality of materials and inadequate employee training.

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Noah drinks Dr. Pepper. He can buy as many cans of Dr. Pepper as he wishes at a price of $0.50 per can. On a particular day, he

Nadusha1986 [10]

Answer:

$0.85 and three cans

Explanation:

Data given in the question

Price per can = $0.50

First can paying price = $0.95

Second can paying price = $0.80

Third can paying price = $0.60

Fourth can paying price = $0.40

So by considering the above information, the noah can buy three cans as the prices are high

So, the consumer surplus is

= First can + second can + third can

where,

First can = $0.95 - $0.50 = $0.45

Second can = $0.80 - $0.50 = $0.30

Third can = $0.60 - $0.50 = $0.10

So, the total consumer surplus is

= $0.45 + $0.30 + $0.10

= $0.85

7 0

3 years ago

As you get older, a Target Date Fund will adjust by…

makkiz [27]

Answer:

The correct answer is letter "B": Decreasing your stocks and increasing your bonds.

Explanation:

Target-date funds are pools of assets employees with a 401(k) retirement account can access. Target-date funds consider stocks as riskier assets than bonds, thus, more stocks than bonds are included in the fund of the employee at first. However, as soon as the date when the employee is to retire approaches, the fund automatically lowers the number of stocks in the employee's account to include more bonds, which are safer securities.

7 0

3 years ago

Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply the housing. Assumin

Allisa [31]

Answer:

,000 new apartments will make the equilibrium price = $1,500
10,000 new apartments will make the equilibrium price = $1,000
15,000 new apartments will make the equilibrium price = $500

Explanation:

Rent Demand Supply

2,500.00 10000 15000

2,000.00 12500 12500

1,500.00 15000 10000

1,000.00 17500 7500

500.00 20000 5000

The equilibrium quantity is 12,500 apartments with a $2,000 rent per month. If the government wants to lower the equilibrium rent price by increasing the supply of apartments, then it must build:

5,000 new apartments will make the equilibrium price = $1,500
10,000 new apartments will make the equilibrium price = $1,000
15,000 new apartments will make the equilibrium price = $500

8 0

3 years ago

____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

solong [7]

Answer:

Sacred consumption
Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.

6 0

3 years ago

after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, the following will most likel

PIT_PIT [208]

The next thing to occur would be B. the price level in the economy will rise and the money demand will decrease

<h3>What is Interest Rate? </h3>

This refers to the amount of money that is added to be paid back on the settlement of a loan.

Hence, we can see that after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, thus will cause the price level in the economy will rise and the money demand will decrease