1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yKpoI14uk [10]
3 years ago
15

A(n)______ variance occurs when management pays an amount different from the standard price to acquire the item.

Business
1 answer:
fenix001 [56]3 years ago
3 0

Answer:

The answer is "Spending".

Explanation:

A(n) variance in spending happens whenever management spends a quantity other than the standard cost of the products to be acquired.

The difference in expenditure is the gap between the real level as well as the expected amount (or budget) of spending. Overhead costs often include fixed costs, e.g. operating expenses.

You might be interested in
What is a product line? Why are they used and how do companies determine what to use and how to adjust what is being used?
Trava [24]
A product line is a group of related products produced by one manufacturer they use product lines to gauge trend a find out which markets to target they use whatever is being sold the most and go from there
8 0
3 years ago
Suppose you are the manager of a local water company, and you are instructed to get consumers to reduce their water consumption
Veronika [31]

The price of the water needs to be raised by 40% when the consumption of water reduces by 10% and the price elasticity of demand results to 25%.

<h3>What is meant by the price of elasticity of demand?</h3>

The price elasticity of demand is determined as the proportionate variation in quantity with respect to variation in the price of a good.

Given values:

Change in water consumption (fall): 10%

Price elasticity of demand: 25%

Computation of percentage change in the price of water:

\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=\frac{\rm\ Change \rm\ in \rm\ water \rm\ consumption}{\rm\ Price \rm\ elasticity \rm\ of \rm\ demand} \\\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=\frac{10\%}{25\%} \\\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=40\%

Therefore, there is an increase in water price by 40%.

Learn more about the price elasticity of demand here:

brainly.com/question/15010897

#SPJ1

6 0
2 years ago
Horizontal integration differs from vertical integration in that it
Nadusha1986 [10]
Horizontal integration differs from vertical integration in that it consolidates many firms involved in the same business into one giant company (C). Horizontal integration occurs when one company purchases similar companies doing the same things at the same level of production to gain a greater share of the market for that level of production. 
6 0
3 years ago
Read 2 more answers
Approximately ________ percent of americans lack high-speed internet access in their homes.
Anettt [7]
<span>Approximately 50 million US homes have only one 25 Mbps internet provider or none at all which accounts to around 64%.The remaining 46% which accounts for more than 10.6 million US households have no access to wired internet service with download speeds of atleast 25mbps.</span>
7 0
3 years ago
Each of the items below must be considered in preparing a statement of cash flows for Alpha-Omega Co. for the year ended Decembe
Deffense [45]

Answer and Explanation:

The categorization is as follows:

a. The bond issued at cash - Financing activity (cash inflow)

b. The equipment purchased for cash - Investing activity (cash outflow)

c. The land is sold for cash - Investing activity (cash inflow)

d. The dividend is paid for cash - financing activity (cash outflow)

6 0
3 years ago
Other questions:
  • One of your clients is a sophisticated 40 year old investor and has recently changed jobs. The client is considering rolling ove
    14·1 answer
  • Scorla Corp. is an apparel manufacturing factory. Its average resource utilization per year is calculated as 70%. The average sa
    9·1 answer
  • Which problem is more likely to affect a partnership than a corporation?
    12·2 answers
  • Procuring materials and refining those materials into finished projects to distribute to retail outlets are activities handled b
    5·1 answer
  • If the contribution margin is not sufficient to cover fixed expenses: a. total profit equals total expenses. b. a net operating
    10·1 answer
  • In a research program that was conducted at the University of Michigan, it was found that relationship-oriented behavior also ma
    7·1 answer
  • Most e-commerce actually takes place between businesses. what is this called?
    9·1 answer
  • ________ refers to the strategy of getting visitors to a Web site to forward information on the site of their friends in order t
    8·1 answer
  • A perpetuity pays $100 each and every year forever. the duration of this perpetuity will be:_________
    10·1 answer
  • Economists refer to the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction wit
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!