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Standard costing also helps managers set target level performance and standards as well as sales prices of products. 2. Based on the purchase of 220,000 square yards of material and a difference of 25 cents from the actual price of $8.25 and standard price $8 leads to an unfavorable price variance of $55,000. As for the difference between the actual 110,000 material used and the 120,000 budgeted, once the budgeted $8 price is factored in we find a favorable quantity variance of $80,000.Finally the difference between an unfavorable $55,000 and favorable $80,000 we have a $25,000 favorable flexible budget variance. 3.
3. Considering the economic systems of your chosen countries, which country do you think would be the most open to trade with the United States and why? Japan would be the most open to trade with the U.S because Japan’s economic freedom score is 72.8 making its economy the 22nd freest in the 2010 index. its score is 1.2 pts lower than last year, with a particularly significant decline in the control of government spending. Japan is ranked 7th out of 41 countries in the Asia-Pacific region.
Store Sensitivities Even if this store has 18.1% lower sales than the forecasted level by R&P, it can achieve the accepted NPV of prototype, besides, construction cost can increase to near $10 million and still the project can achieve the expected NPV of the P04. If the stores sales decline by 10%, the project’s NPV will decrease by almost $4 millions which provides an accepted NPV of 13,340 K$ which is still above the accepted NPV of P04. Variance to prototype The Store NPV of $17,046K is $7,326K above Prototypical Store NPV. Mainly Cost of Land ($3,675K) and sales (3,603K) followed by positive benefits from real state tax are contributing to this positive variation form P04
If you choose 40 random employees from the corporation, the standard error would equal 6/Square root of 40 = .95 days. The 12 days in this department corresponds to (12-8.2)/.95 = 4 standard errors above the corporation average of 8.2. This is much higher than two or three standard errors, and it appears to be beyond chance variation. Chapter 9 Exercise 3 The p- value tells you how likely it would be to get results at least as extreme as this if there was no difference in the taste and only chance variation was operating. In this problem, p-value of 0.02 means that, if there is no difference in taste, then there is only 2% chance that 70% or more people would declare one drink better than the
7 - 10. Write a composition of about 150 words and show therein that you understand the practical use of the rules of grammar. Arithmetic (Time,1 hour 15 minutes) 1. Name and define the Fundamental Rules of Arithmetic. 2.
5/2 15 Individual Assignments From the Readings Resource: Titman, S., Keown, A. J., & Martin, J. D. (2011). Financial management: Principles and applications (11th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. • Chapter 14: 14-21 5/2 5 Individual Virtual Organization Strategy Presentation Prepare A 15-20 minute oral presentation accompanied by 8-10 slides illustrating your Virtual Organization paper. It will be a group presentation, but each presenter will be graded individually.
Summarise the reasons why the effects of earthquakes appear to be much less serious in the USA than in Turkey. You should write between 1-1½ sides, allowing for the size of your handwriting. (Up to fifteen marks are available for the content of your answer, and up to five marks for the quality of your writing.) [20 marks] 0500/2/Specimen Paper 6 Copyright
The educational system is divided into preschool (for those under age 6), basic education (9 years, in three stages), secondary education (3 years, until 12th grade), and higher education (university). The total adult literacy rate is 99 percent. Portuguese primary school enrollments are close to 100 percent. According to the OECD's Programme for International Student Assessment (PISA), the average Portuguese 15-year-old student, when rated in terms of reading literacy, mathematics and science, is placed at the same level as those students from the United States, Sweden, Germany, Ireland, France, Denmark, United Kingdom, Hungary and Taipei, with 489 points (493 is the average). Over 35% of college-age citizens attend one of the country's higher education institutions (compared with 50% in the United States).
There were numerous factors for each of the two categories and each country was ranked in order of favouritism. All countries were given a rank with the highest scoring factors. A few examples of these factors include GDP per capita, location, growth rate, etc. The most feasibly ranked recommendation has been determined to expand into Brazil. China should not be completely forgotten, as it is the next ranked feasible alternative.