Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
ANSWER:
Most small business ventures are in the low innovation/high risk category of the entrepreneurial strategy matrix.
~batmans wife
A. consumers need to be better informed about what services are available and what those services cost.
Answer:
$75,000
Explanation:
Given that,
Factory maintenance = $50,000;
Machine setup = $100,000;
Heating and lighting = $25,000
Machine repair = $10,000
Therefore,
Total costs are as follows:
= Factory maintenance + Heating and lighting
= $50,000 + $25,000
= $75,000
Therefore, the total costs in the plant services activity are $75,000.
Answer: Return on a risky security minus the risk-free rate.
Explanation:
The excess return is known to be the amount of return on a risky asset that exceeds the return that one would have received had they invested in a risk-less asset such as Treasury Bills.
If the return you received on shares was 5% and the return on riskfree assets is 2%, your excess return is 3%.
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