Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The dealership sold 50 trucks at an average price of $9,000 each. The budget for the month was to sell 45 trucks at an average price of $9,500 each.
Sales price variance= (standard price - actual price)*actual quantity
Sales price variance= (9,000 - 9,500)*50= 25,000 favorable
Sales quantity variance= (standard quantity - actual quantity)*standard price
Sales quantity variance= (50 - 45)*9,000= 45,000 unfavorable
Answer:
D. Physiological.
Explanation:
Physiological Needs are the establishment of Maslow's hierarchy of needs and incorporate survival needs such as the requirement for sleep, nourishment, air, and proliferation. Physiological needs are the requirements we as a whole need separately for human survival.
Answer:
They could hold local tournaments, and also sponsor a tennis team or donate tennis rackets to a school to promote playing of tennis.
Explanation:
Prince sports sales will increase when there is a growth in the tennis industry, and to help grow the industry there needs to be a marketing activity that will encourage tennis right from schools.
The young generation will eventually influence tennis in the future. So marketing activities should btarget them by holding local tournaments, and also sponsor a tennis team or donate tennis rackets to a school to promote playing of tennis.
Answer: Convenience products
Explanation:
Convenience products are product which are bought easily and frequently by customers without much thought. They are also called low involvement purchases. Examples of Convenience products are newspapers, sugar, toothpaste.
Calculation of Present values of Severance pay
Cash Paid Now 118000
Present value of the payment 122857.02(129000*0.95238)
made 1 year from now
Present value of Annuity Pay 139581.475 (27500*5.07569)
Present value 380438
Employees often receive a severance pay at the end of their employment. This is usually based on the length of service the employee is entitled to upon retirement. The Fair Labor Standards Act (FLSA) does not require severance pay.
Some employers choose to provide severance pay to employees who have been dismissed involuntarily or voluntarily. The main reason for offering severance pay is to soften the blow of involuntary layoffs and avoid future lawsuits by having employees sign releases in exchange for severance pay.
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