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Morgarella [4.7K]
3 years ago
12

Golden Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require high

ly skilled labor. Golden uses standard costs to prepare its flexible budget. For the first quarter of the​ year, direct materials and direct labor standards for one of their popular products were as​ follows: Direct​ materials: 3 pounds per​ unit; $3 per pound ​Labor: 4 hours per​ unit; $24 per hour During the first​ quarter, Golden produced​ 5,000 units of this product. At the end of the​ quarter, an examination of the direct materials records showed that the company used​ 14,500 pounds of direct materials and the direct materials cost variance was​ $3,840 U. Which of the following is a logical explanation for this​ variance?A. The company paid a higher cost for the direct materials than allowed by the standards B. The company paid a higher cost per hour for labor than allowed by the standards. C. The company used more labor hours than allowed by the standards. D. The company used a greater quantity of direct materials than allowed by the standards.
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

A. The company paid a higher cost for the direct materials than allowed by the standards.

Explanation:

The following is a logical explanation for this variance:

Since, the standard quantity of raw materials to be used is 22 pounds x 500 units = 11000 pounds. The actual usage is 9500 pounds ony. Hence, variance in direct material price variance can be only due to higher cost of direct material purchased.

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Answer:

The correct answer is letter "C": propitious niche.

Explanation:

Companies develop strategies to set the steps necessary to accomplish an objective. One of those steps involves finding the firm's propitious niche which is no more than its target market. It determines what the company should do based on the best competitive advantage the firm will have in that market that will differentiate the company from competitors and will help the firm to establish in the market.

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From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
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From the consumer’s perspective, the elements of an IMC strategy can be viewed as being either "Passive or Interactive."

<h3>What is IMC?</h3>

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Some characteristics of integrated marketing communication are-

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7 0
2 years ago
When a firm manufactures a product and is uncertain about whether customers will want to buy its products, that firm is experien
Lady_Fox [76]

Answer: Risk taking

Explanation:

 The risk taking function is one of the most important function in the marketing as it manage all the losses and also the failure potential in the marketing.

The risk taking function includes the product development, experience of the user or consumers, distribution and the promotion in the market.

 According to the given question, a manufacturer organization is uncertain about the product that whether the consumers want the product or not so that is why the organization is experiencing the risk taking function in the market.

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3 years ago
Whistle Corp. has a preferred stock that pays a dividend of​ $2.40. If you are willing to purchase the stock at​ $11, what is yo
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Answer:

B. 21.8%

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therefore, in the given instance we have,

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Expound, cajoled, inscrutable, acrimony, exult, harry, fluctuate

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