A because your don’t want to call anyone that is not available at that time
Answer:
Material Cost variance = Standard cost - Actual cost
= 3000*5 - 16192
= 1192 A
Material Rate Variance = (S.R. - A.R.)A.Q
= (5 - 5.06)3200
= 192 A
Material usage variance = (S.Q. - A.Q.)S.R
= (3000 - 3200)5
= 1000 A
Working Notes:
Actual Output = 1500 units
Standard qty of Material for Actual Output = 1500*2
= 3000 pounds
Actual qty. used = 3200 pounds
Actual rate/pound = $16192/3200
= $5.06
Answer:
I can't provide a definite answer (apologies), but I can definitely say that the answer is narrowed down to where it's either A or D.
Explanation:
The statement above is FALSE.
Loews conglomeration is into many businesses including hotels, insurance, watches, oil, gas, tobacco, etc. The diversification strategy of the company is to buy up firms that are in financial mess, turn them into profitable ventures and then sell them at a premium. They also diversified by investing into new business fields.
Answer:
All of the above are correct
Explanation:
We evaluate the validity of each of the options.
A) option A is correct
According to the law of demand, all things being equal an increase in price leads to a decrease in the quantity demanded.
If there was no tax, it would have been sold at a lesser price which would have driven the demand curve upwards
B) Option B is correct
The incidence of the tax is summarized by the fact that tax payments are sent to the government.
C) Option C is correct
The total tax is $1 with the buyers paying $0.8 more for a bottle of liquor. This means they bear the burden of paying 80% of the tax
D) Is correct.
Having evaluated the validity of all the options to be correct, then this particular option is correct too