Answer:
9,200 favourable
Explanation:
Calculation for direct materials quantity variance for last month
First step is to calculate the Standard quantity
Standard quantity = 6,800 units × 2 gallons
Standard quantity = 13,600gallons
Now let Calculate direct materials quantity variance for last month Using this formula
Direct materials quantity variance = Standard Price × (Standard Quantity - Actual Quantity)
Let plug in the formula
Direct materials quantity variance = $4 × (13,600 gallons - 11,300gallons)
Direct materials quantity variance = $4 × 2,300 gallons
Direct materials quantity variance = $9,200 favorable
Therefore The direct materials quantity variance for last month was $9,200 favourable
Answer:
b. attempts to provide a product with greater customer value than the first mover.
Explanation:
In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.
A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.
This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.
U.s Senators are required to be 30 years old and a u.s citizen for at least nine years
Opportunity costs are the measures of things you must give up when you make a certain decision.
In this case, if country A decides to produce all petroleum, they are choosing not to produce 8 units of seafood. This is their opportunity costs because they are giving up the 8 units of seafood to make petroleum.
The same is true for country B. If they choose petroleum, they are giving up the ability to make 8 units of seafood.
Answer:
The answer is letter A.
Explanation:
The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.