Answer:
$22,800 unfavorable
Explanation:
The computation of the material price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 228,000 × ($6.50 - $1,504,800 ÷ 228,000)
= 228,000 × ($6.50 - $6.6)
= 228,000 × $0.1
= $22,800 unfavorable
The actual price is computed below:
= Actual price paid for materials ÷ Actual ounces purchased and used in production
= $1,504,800 ÷ 228,000
= $6.6
Answer: 154 units
Explanation:
Standard deviation of demand during lead time = √[(Mean lead time * Standard deviation of demand ²) + (Mean demand * standard deviation of lead time²)]
= √ [ ( 5 * 16²) + (150² * 1²)]
= √[ 1,280 + 22,500]
= 154.20765
= 154 units
This situation illustrates competition over resources can cause conflict.
Conflict theorists contend that in almost every human relationship and contact, competition is a persistent and, at times, overwhelming component. The lack of resources, especially material resources like money, real estate, commodities, and more, has led to competition.
<h2>
What is Conflict theories?</h2>
According to Karl Marx's Conflict Theory, society will constantly be at odds because of its constant struggle for dwindling resources. The consequence of this hypothesis is that individuals who have wealth and resources would guard and preserve them, while those who lack them will take any necessary steps to get them. Because of this dynamic, there is an ongoing conflict between the rich and the poor.
<h2>
What is a resource conflict?</h2>
A resource conflict occurs when a project manager wants a limited resource yet there isn't enough capacity to meet all of the demands on it. When it does, you should reflect on a few things to get some much-needed perspective on the issue.
Learn more about symbolic theory and The conflict theory at
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Answer:
a. $1,680,000
Explanation:
The computation of the total equity is shown below:
= Common stock + Additional paid-in capital + Appropriated for uninsured earthquake losses retained earnings + Unappropriated retained earnings - treasury stock - Net unrealized holding loss on available-for-sale securities
= $600,000 + $800,000 + $150,000 + $200,000 - $50,000 - $20,000
= $1,750,000 - $70,000
= $1,680,000