Answer:
For centuries the guideline for business transactions was the Latin term “caveat emptor” (let the buyer beware). This principle suggests that the seller is not responsible for the buyer’s welfare. In other words such principle gives the buyer the sole responsibility for checking the quality and suitability of the goods that he is buying from the seller before making a final purchase.
Answer:
The option (c) $89,100 unfavorable is correct
Explanation:
Solution
Recall that:
The actual price per gallon = $11.75
Actual gallons of material used= 5,000
Actual hourly labor rate= $17.00
Actual hours of production= 24,300
Standard price per gallon =$12.00
Rate of labor = $12.00
Now,
We find the total direct labor variance which is computed as follows:
Total Direct Labor Variance = Actual Direct Labor Cost - Standard Labor Cost
=24300*17 -3*9000*12
= 413,100 -32400
= -89,100 (unfavorable)
Therefore, the total direct labor variance is $89,100
In a marketing plan where the primary objective is to create a positive feeling about the brand, such a marketing plan does not account to be specific and measurable. Therefore, the option D holds true.
<h3>What is the significance of marketing plan?</h3>
Marketing plan can be referred to or considered as such a plan that is aimed at boosting and driving the sales of a company's products. This can be achieved by creating a positive feeling about the brand, however, such marketing plan does not define how will a positive image be created and how much positive their image is.
Therefore, the option D holds true regarding the significance of a marketing plan.
Learn more about marketing plan here:
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Answer:
The correct answer is letter "D": policy and procedure bulletin.
Explanation:
The policy and procedure bulletin is the document that states all the practices and behavior the company expects from the employees after hiring them. The policy and procedure bulletin represents the rules of the firm that must be followed within the organization to ensure worker's safety and a peaceful work-frame.
