Answer:
C. the actual unit price of raw materials or the actual quantities of raw materials used was greater than the standard unit price or standard quantities of raw materials expected.
Explanation:
If the actual direct material cost used is greater than the standard direct material cost, it implies that the cost of material that was actually used in carrying the project is greater than the usual standards for such project or the budgeted standards for such project. When the actual cost is greater than the standard cost, we have an unfavorable variance. When the actual cost is greater than standard cost, it usually implies that the price of unit per raw material used is greater or/and the actual quantities of raw material used is greater.
The purpose of this assignment is the creation of a research analysis. Every day, consumers make millions of decisions that impact the marketplace and influence firms' decisions. Firms use economic concepts, models, and other "tools" of economics to help determine pricing, output, and profit maximization. As an MBA student of economics, you can apply the "tools" of economics to microeconomic and macroeconomic data to create recommendations for how firms can maximize revenue, profit and market share.
Explicit costs
Explicit costs are those that are reflected by actual cash flows and are direct payments made to others when running a business. These include payments or costs associated with wage, rent, and materials.
The short-run total cost includes both the variable and the fixed costs associated with the production.
In calculating for accounting profit, only the explicit costs are considered. However, when calculating for economic profit, the implicit costs are also included in the calculations.
The target audience, sustainability, trend influence, 'life-span' of the materials, aesthetics etc.
The answer to this question is Branching
Banks branching allows banks to expand their services to an area outside their main home location.
While this may expand their target market share, it also improves the chances for companies to do money laundering, so restriction for this was made in the past.