Answer:
The correct answer is B.
Explanation:
Giving the following information:
Standard quantity= 7.8 grams per unit of output
Standard price= $6.50 per gram.
During the month the company purchased 27,900 grams of the direct material at $6.70 per gram.
To calculate the material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (6.5 - 6.7)*27,900
Direct material price variance= $5,580 unfavorable.
It is unfavorable because the actual price was higher than estimated.
Answer:
The correct answer is smarthinking.
Explanation:
When we talk about intelligent thinking we can think that it is the same as intelligence, but in reality, it is not ... Intelligence we all have, but intelligent thinking is not an innate quality, but rather a quality that must be cultivated.
According to Art Markman, “intelligence is a tool, among many, that our brain has that, thanks to the use of the knowledge that we acquire throughout life, helps us solve our problems in a creative and more efficient way "
Answer:
The correct answer is: increase; not change; option ii.
Explanation:
An increase in the cost of production would lead to an increase in the price of rollerball pens, this will cause the quantity demanded to decrease. This decline in the quantity demanded will be indicated by an upward movement on the same demand curve. There will be no shift in the demand curve.
As the price of rollerball pens will increase, the consumers will prefer the cheaper substitute. This will cause an increase in the demand for ball-point pens.
The rollerball pens and ball-point pens are substitute. This means that they can be used in place of each other.
Answer:
Cash in-flow in the last year.
Explanation:
Salvage value, also known as residual value, is the amount that you receive from sale of Property, Plant, and Equipment at the end of useful life. When computing the NPV of any project, we consider all the relevant cash flows of that project. Since, $45,000 will be received when project ends from sale of Fixed asset, so this figure will be treated as Cash in-flow and discounted.
Answer:
(A) Nearshoring
Explanation:
According to my research on company strategies, I can say that based on the information provided within the question they are using a type of outsourcing called Nearshoring. This is usually done in order to cut expenses as well as being able to guarantee better controls which will in term lead to higher quality products.
Nearshoring allows companies to bypass language barriers and cultural learning curves and reduce travel expenses. Nearshoring provides many benefits, such as cutting expenses and guaranteeing better controls that will lead to higher quality products.
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