Answer:
$14,016 favorable
Explanation:
The computation of the raw materials price variance is shown below:
= Actual Quantity × (Standard Price - Actual Price)
= 23,360 liters × ($5.40 - $4.80)
= 23,360 liters × $0.6
= $14,016 favorable
We simply deduct the actual price from the standard price and then multiplied it by the actual quantity so that actual value can come
Answer:
The answer is: $6,900
Explanation:
To determine how much the insurance company should charge, we must first calculate the amount of money they expect to pay:
- total loss $200,000 x 0.002 = $400
- 50% loss $100,000 x 0.01 = $1,000
- 25% loss $50,000 x 0.1 = $5,000
Total $6,400
If the insurance company expects to pay $6,400 per year, they will have to charge $6,900 ($6,400 + $500) to cover their expenses and earn a $500 profit.
Answer:
The rate charged per hour of labor is 120.
Explanation:
Rate charged per hour of labor is given by:
= Budgeted cost per labor hour + Profit margin
= 660000/10000 + 54
= 120
Therefore, The rate charged per hour of labor is 120.
<span>The carbon dioxide (CO2) is the response variable. When analyzing statistics it is important to understand the difference between independent and dependent (response) variables. In this example, the oil is the independent because it is being changed, whereas the carbon is the response because it 'responds' to the oil and the amount of oil that is used.</span>
Answer:
- syndicate research service
- limited research service
- standardized research
- custom research
Explanation:
Note, Raising canes ones to expand nationwide, which of course is a monumental task.
- The syndicated research supplier using is already established standards for the research in exchange for a fee.
- Standardized research supplier is willing to meet the needs of clients by directing strategies best fitted to find suitable retail locations. It is the best type of research service to meet this client’s needs.
- Limited-service research are suppliers that are limited in their scope of operations such as data warehousing, or data processing.
