Answer:
Total Material cost variance $5,600 favorable
Explanation:
<em>The direct matriculate total variance is he difference between the standard material cost for the actual output achieved and the actual material cost of the same output</em>
Standard materiel cost per unit = 0.25 × $30 = $7.5 per unit
$
5,000 units should have cost (5000× $7.5) = 37,500
but did cost (actual cost 1,000 × $29 <u> 31,900
</u>
Total Material cost variance <u> 5600</u> favorable
Answer:
D. Pure competition spreads resources between many different
firms.
Explanation:
Pure competition is a market structure with many suppliers and many buyers. All the suppliers sell a homogeneous product. There is intense business competition among the suppliers. Other characteristics of pure competition include
- There are no dominant suppliers.
- There is ease of entry and exit into the market
- Suppliers/firms are price takers.
In pure competition, resources are shared among the many competing firms in the industry, unlike in a monopoly that has only a single supplier. Resources include raw materials and profits.
Answer:
Option B: Societal
Explanation:
Societal Marketing was coined from the marketing concept. Marketers and consumers are collecting stocks of what is good for themselves, their family, their country, and the planet.
It involves means by which marketing looks for ways amd means to provide products and services to help consumers reach their goals and Target while also making profitable decisions for their companies.
It is useful to consumers' long-run best interest and help promoting good corporate citizenship.
Answer: B - ROI percentages
Explanation:
edge 2020
