Answer:
C. the actual cost of materials was less than the standard cost.
Explanation:
As it can be seen from the given information that
The Favorable material purchase price is $380
And, non-favorable material quantity variance is $120
So, the total favorable price variance is
= $380 - $120
= $260
This represents that the actual material cost would be lower than the standard cost
hence, the option C is correct
Answer:
The correct option is (B) $365,530.
Explanation:
In this problem we need to determine the future value, i.e. the amount at the retirement age.
The formula to commute the future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D)
Here,
A = annual investment = $5,000
r = interest rate = 8%
n = number of periods = 25
The future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]\\=5000\times[\frac{(1+0.08)^{25}-1}{0.08}]\\=365529.699\\\approx365530](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D%5C%5C%3D5000%5Ctimes%5B%5Cfrac%7B%281%2B0.08%29%5E%7B25%7D-1%7D%7B0.08%7D%5D%5C%5C%3D365529.699%5C%5C%5Capprox365530)
Thus, the amount of money the engineer will have in the account at retirement is $365,530.
Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are useful analytical measures.
Analytical measures are useful in assessing solvency and profitability of a business. Type of analytical measures used depends on; the size of the firm or business, the capital structure f the business, the type of business activity undertaken. They are useful for evaluating the financial results of a business and the performance of management. <span />
Willing to pay for the stock today is $72.43.
Given values, Dividend = $1.85
Price = $80
return = 0.13
Formula, Current Price = (Dividend + Price ) / (1 + return )
= (1.85 + 80) / (1+ 0.13)
= $72.43
The number one purpose that buyers personal inventory is to earn a return on their funding. That go back commonly is available in viable methods: The stock's price appreciates, this means that it is going up. you can then promote the stock for a profit if you'd like.
The very best way to shop for stocks is thru a web stockbroker. After beginning and funding your account, you may buy shares via the broker's internet site in a remember of minutes. Other options encompass the use of a full-provider stockbroker, or shopping for inventory directly from the company.
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