Answer:
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
Explanation:
Direct Material Price Variance = (Actual Price - Standard Price) 
Actual Quantity
Opening the brackets we have
Actual Price Actual Quantity - Standard Price Actual Quantity
therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units
Final Answer
C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.
I think this statement is false because instead DBMS actually decreases the security risk of data security breaches. DBMS is a system software for creating and managing data. It is the only way of accessing the data in a database and does not reveal much of the databases internal complexity to the application programs and users.
Answer:
Strategical level- It states that these type of decision making should be taken by the higher authorities of the company for example, chief executive, chief manager, president etc.
Explanation:
Answer:
The correct answer is: Chase strategy.
Explanation:
The chase strategy is a production planning approach that consists in producing according to the demand level of the market. Industries implementing this practice work based on orders. <em>As soon as they receive an order they start processing the goods and once the production is over, the operations stop.</em>
<em>This strategy is helpful while saving inventory costs and is mostly used by perishables industries that cannot afford the risk of loss or unsold products.</em>
Answer:
The percentage by which wage changes from 2000 to 2010 is 2.26 %.
Explanation:
This problem requires us to calculate the wage change from 2000 to 2010 in percent. The wage rate in 2000 and 2010 is given that is 24 dollars (20+4) and 30 (21 + 9). To calculate the rate of change we will use following formula.
Growth Rate = (Present/ past)^ (1/n") -1
" n is period range
(Putting values)
= (30/24)^ (1/10) -1
= 2.26 %
