Answer:
the recording of materials purchased is handled by three different methods.
Explanation:
Sr. No Particulars Debit Credit
Purchases $950,000
Material Price Purchase Price Variance $50,000
Cash $1000,000
Method 1: Record the price variance when materials are received.
Method 2: Record the materials on actual costs and determine the price variance when material is requisitioned.
Method 3: Combination of method 1 and method 2.
For control purposes the price variance should be determined when the material is received
Answer:
1. Breast cancer is the fifth most common cause of cancer death. Positive statement
2. For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality. Normative statement
3. Doctors should encourage women aged 60 to 69 to be screened for breast cancer. Normative statement
4. The government should force doctors to encourage women aged 60 to 69 to be screened for breast cancer. Normative statement
Explanation:
Normative statement usually expresses a value judgment. They are opinion based. It depicts whether the given statement is desirable or not. Statements 2, 3 and 4 are normative statements because they are giving values and passing judgement about when women should be screened breast cancer. It gives age group reference 60 to 69.
Positive statement are fact based. Just like statement 1 which gives the fact that breast cancer is fifth most common cause of cancer death.
Answer:
D
Explanation:
Profit is Maximize when MR = MC
since MR=40 - 0.5Q
and MC= 4
Therefore:
40-0.5Q = 4
-0.5Q = 4 - 40
-0.5Q= -36
divide through by -0.5
Q = 72
since Q = 72
from Q = 160 - 4p
72 = 160 - 4P
-4p = 72 - 160
-4P = -88
divide through by -4
P = 22
Answer:
Problem recognition
Explanation:
Problem recognition is the first stage of the purchasing process. It is at this stage that the decision-maker realises there needs to be a change from the status quo.
The next stage is information gathering. Involving researching information about the problem and sources of solution.
Next is evaluation of solutions.
Finally purchase is made.
<span>What is the periodic interest rate of Melanie's investment?
How many compounding periods does Melanie's investment offer in a year? How about in 8 year?
Semiannually means that it is twice in a year, then:
- the number of compounding periods in a year is 2.
- the number of compounding periods in 8 years is 2 * 8 = 16
What expression can Melanie write to figure out how much her investment will be worth in 8 years?
Use the formula : F = P * ( 1+ r/n) ^ (n*t)
P is the initial investment = $12,000
n = the number of periods per year, which is 2
</span>
<span><span>r is the yearly rate = 4.8% = 0.048
t is the number of years, which is 8.
Then, the equation is F = $12,000 * ( 1 + 0.048/2) ^ (8*2) =
= $12,000 ( 1+ 0.024)^ 16 = $12,000 (1,024)^16
</span>
How much will Melanie's investment be worth in 8 years?</span>
Just use the calculator: 12,000 (1,024)^16 = $17,538