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Oksi-84 [34.3K]
3 years ago
10

Marvin was interested in how his target market spends money around the November/December holidays. He first reviewed existing da

ta on seasonal spending collected by the government. But he wasn't satisfied. Marvin decided to inspect data that he had collected five years ago on the effects of holiday sales promotions on customer satisfaction. What kind of data is this
Business
1 answer:
andrezito [222]3 years ago
3 0

Answer: secondary data

Explanation:

The type of data above is refered to as a secondary data. Secondary data simply refers to the data that have already been gotten or collected from the past.

Unlike the primary data, which is collected by the individual, secondary data have already been done in the past. Since he first reviewed existing data on seasonal spending collected by the government, this is a secondary data

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Higgs Enterprise's flexible budget cost formula for indirect materials, a variable cost, is $0.75 per unit of output. If the com
balandron [24]

Answer:

$5,400= indirect material

Explanation:

Giving the following information:

Standard= $0.75 per unit of output.

Indirect material spending variance= $600 favorable

8,000 units of output were produced last month.

To determine the indirect material costs incurred, we need to use the following formula:

Indirect material price variance= (standard price - actual price)*actual quantity

600= (0.75 - actual price)*8,000

600= 6,000 - actual price

5,400= actual price (in total)

To prove:

Indirect material price variance= (0.75*8,000 - 5,400)

Indirect material price variance= $600 favorable

6 0
3 years ago
If the market index subsequently rises by 8% and Ford’s stock price rises by 7%, what is the abnormal change in Ford’s stock pri
Margarita [4]

Answer:

-1.9%.

Explanation:

The computation of the abnormal change in the stock price of ford should be given below:

Given that

The return on the market is 8%.

So, the forecast monthly return for Ford is

= 0.10% + (1.1 × 8%)

= 8.9%.

And, the Ford’s actual return was 7%,

So,

the abnormal return be

= 7% - 8.9%

= -1.9%.

3 0
3 years ago
What are some ergonomic considerations for auditors?
Leya [2.2K]

Some ergonomic considerations for auditors include safety, comfort, efficiency in performance, and efficiency in productivity to name a few.

<h3>Who is an auditor?</h3>

A professional who is involved in the scrutiny of the financial statements and records of an organization and the one who is responsible for verification of actual transactions with business records, is an auditor.

Hence, the significance of an auditor is aforementioned.

Learn more about an auditor here:

brainly.com/question/13461653

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6 0
2 years ago
Item 3Item 3 Pension funds are monies put aside by corporations, nonprofit organizations, or unions to fund the financial needs
fredd [130]

Answer:

Pension funds are contribution set aside by employers paid into a Pension Fund Administration (PFA) company for the purpose of retirement.

Explanation:

Pension funds are monies credited into the Individual Retirement Savings (IRS) Account by the employer, with a focus on providing financial comfort to the employees at retirement.

5 0
3 years ago
The Federal Arbitration Act (FAA) allows for arbitration clauses in employment contracts. False True
Pepsi [2]

Answer:

True

Explanation:

It is TRUE that the Federal Arbitration Act (FAA) allows for arbitration clauses in employment contracts.

The above statement is echoed in the Epic Systems Corp. v. Lewis on May 21, 2018, where the Supreme Court gave its ruling that the FAA is totally enforceable in the individual arbitration agreements contracts.

Similarly, in the case of American Express Co. v. Italian Colors Restaurant, the court ruled that necessary arbitration clauses are legal.

6 0
3 years ago
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