The materials usage variance is calculated by the equation
A) (Standard Price x Actual Quantity) - (Standard Price x Standard Quantity).
B) (Standard Price x Standard Quality) - (Standard Price x Actual Quantity).
C) (Actual Price x Actual Quantity) - (Standard Price x Actual Quantity).
D) (Actual Price x Standard Quantity) - (Actual Quantity x Standard Price).
E) None of these.
A
You might also like to view...
Experienced quality of service is determined by:
A) an image the customer forms after the service encounter. B) market communications and image of the company. C) past experiences that the customer had with company. D) word of mouth communication and customer needs.
Joseph, a student of Columbia University, finds many of his classmates have purchased an iPad tablet from Apple. The iPad, launched a few months before has been identified as a very useful product and many students in the US have rated it highly
Considering all these, Joseph also decides to purchase an iPad. Which of the following is the adopter group to which Joseph belongs? A) early adopter B) innovator C) late majority D) laggard E) early majority
Sharmer Company issues 5%, 5-year bonds with a par value of $1,000,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 6%. What is the bond's issue (selling) price, assuming the following factors:n= i= Present Value of an Annuity(series of payments) Present value of 1(single sum)5 5% 4.3295 0.783510 3% 8.7521 0.78125 6% 4.2124 0.747310 3% 8.5302 0.7441
A. $1,213,255 B. $957,355 C. $1,000,000 D. $1,250,000 E. $786,745
In a system with multiple components, the overall reliability of the system ______.
a. is equal to the reliability of the component with the lowest reliability b. is equal to the reliability of the component with the highest reliability c. is significantly less than the reliability of the individual components d. is significantly more than the reliability of the individual components