You are feeling overwhelmed by the number of potential goals you could set for your business unit. You ask your colleague Dan for advice on the process he uses to set goals. Which of the following suggestions from Dan is wrong? He suggests that you

Answers

Answer 1

Answer:

prioritize goals according to their value to the organization

Explanation:

Goal setting is an action plan that is set to motivate someone towards achieving a goal. Individuals, organizations set goals as part of their personal development plans hence must be Specific, Measurable, Action oriented, Realistic and Timely(SMART).

With regards to the above scenario, prioritizing goals according to their value to the organization is wrong. While it is important to prioritize goals, such must however be made to align with the business's strategic objectives.

It is also important to stick to goals already set instead of constantly changing them. Sometimes too, customers put pressure on business owners to consider certain goals which might be beneficial; such should also be looked into after considering their pros and cons.


Related Questions

7. Ms. House utilizes a strategy of "Check 1 – 2- 3". Why does she do this? How do you think this was initially taught?

Answers

Explanation:

To get her student's attention. Remember, the check 1 2 3 strategy allows teachers to get an inside into the students understanding.

However, in this scenario, Ms. House uses the strategy to lower her student's voices, so as to get their attention. She likely started using this strategy at the start of the school year and kept doing it.

All of the following statements regarding convertible bonds are true except:_________.
A. Holders of convertible bonds can generally decide whether to convert to stock.
B. Holders of convertible bonds have the potential to profit from increases in stock price.
C. Holders of convertible bonds can choose when to convert to stock.
D. Holders of convertible bonds have the option to not convert and continue receiving bond interest payments and par value at maturity.
E. Holders of convertible bonds can choose how many shares of stock to receive at conversion.

Answers

Answer: Holders of convertible bonds can choose how many shares of stock to receive at conversion

Explanation:

A convertible bond is a debt security that yields the payment of interest, but can also be converted into equity shares or common stock that are predetermined.

The option that holders of convertible bonds can choose how many shares of stock to receive at conversion is wrong. This is because the number I shares that will be eventually converted will already have been fixed.

A practice, favored by unions, which contractually binds employers to hire only workers who are already members of the union is called a(n):

Answers

Answer:

The correct answer is: Closed Shop.

Explanation:

To begin with, the name of "Closed Shop" refers to a type of practice well known as "pre-entry closed shop" too that unions favored with the only purpose to obligate the companies to contract workers who are already members of the union itself so in that situation both the company and the union tend to have an agreement of maintaining certain salary price for the workers so they are not in a continous fight. Moreover, this practice allow the workers to be employed by the company only if they are members of the union and as long as they are members of it.

The firm is an all-equity firm with assets worth $350 million and 100 million shares outstanding. It plans to borrow $100 million and use these funds to repurchase shares. The firm’s marginal corporate tax is 21%, and it plans to keep its outstanding debt equal to $100 million permanently. If the firm manages to repurchase shares at $4 per share, what is the per share value of equity for the leveraged firm? A) $2.71 per share B) $3.5 per share C) $3.61 per share D) $3.71 per share E) $4 per share

Answers

Answer:

B) $3.5 per share

Explanation:

Assets = Existing assets + Tax shield

= $350 million + 21% * $100 million

= $371 million

Equity = Asset - Debt

= $371 million - $100 million

= $271 million

The Shares are repurchase at $4

At this price, the firm would have 100 - 100/4 = 75 million shares outstanding .

Worth of shares outstanding = Equity / Outstanding shares  

Worth of shares outstanding = ($271 million / 75 million shares)

Worth of shares outstanding = $3.61 per shares

Which of these conditions helped establish the foundation for a market revolution in the United States

Answers

Question Completion:

Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.

Answer:

The condition that helped to establish the foundation for a market revolution in the United States is:

Rapid improvements in transportation and communication

Explanation:

Rapid improvements in transportation and communication spurred innovations.  With innovations, capitalism was born.  Innovations needed factories for mass production.  In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels.  Large farms grew and produced crops for distant markets, no longer only for family and local markets.  Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats.  And the rest, they say, is history.

When the Federal Reserve buys long term MBS and Treasury securities from banks and announces its intention to keep buying these assets in large quantities for a long time the effect on commercial banks is to increase the value of fixed income securities that are not sold and at the same time to lower the interest spread between new loans originated and the cost of financing these loans. True False

Answers

Answer:

True

Explanation:

Since, Federal reserve purchased long term MBS in order to pay the less market interest rate and this will cause a rise in the amount of income i.e fixed securities. Also, due to less market interest rate, the financing cost is less and at the same time interest spread is narrower as it provides more liquidity

Therefore the given statement is true

Luther Corporation
Consolidated Income Statement
Year ended December 31​ (in $millions)
2006 2005
Total sales 610.1 578.8
Cost of sales ​ (500.2) ​(355.3)
Gross profit 109.9 223.5
​Selling, general, and
administrative expenses ​ (40.5) ​(38.7​)
Research and development ​(24.6) (21.8​)
Depreciation and amortization ​(3.6) (3.9​)
Operating income 41.2 159.1
Other income −− −−
Earnings before interest and taxes​ (EBIT) 41.2 159.1
Interest income​ (expense) ​(25.1) ​(15.3​)
Pretax income 16.1 143.8
Taxes ​(5.5) (50.33​)
Net income 10.6 93.47
Price per share $16 $15
Sharing outstanding​ (millions) 10.2 8.0
Stock options outstanding​ (millions) 0.3 0.2
​Stockholders' Equity 126.6 63.6
Total Liabilities and​ Stockholders' Equity 533.1 386.7
Refer to the income statement above. ​ Luther's operating margin for the year ending December​ 31, 2005 is closest​ to:_________.
A. 13.7413.74​%
B. 21.9921.99​%
C. 27.4927.49​%
D. 32.9932.99​%

Answers

Answer:

27.48%

Explanation:

Calculation for Luther's operating margin for the year ending December​ 31, 2005

Using this formula

Operating margin = Operating income / Sales

Let plug in the formula

Operating margin= 159.1/578.8

Operating margin=0.2748*100

Operating margin=27.48%

Therefore Luther's operating margin for the year ending December​ 31, 2005 is 27.48%

Harry and Sally formed the Evergreen partnership by contributing the following assets in exchange for a 50 percent capital and profits interest in the partnership.
Basis Fair Market Value Harry:
Cash $30,000 $30,000
Land $100,000 $120,000
Totals $130,000 $150,000
Sally:
Equipment used in business $200,000 $150,000
Totals $200,000 $150,000
a. How much gain or loss will Harry recognize on the contribution?
b. How much gain or loss will Sally recognize on the contribution?
c. Should Sally consider selling the property to the partnership rather than contributing it?
A. Yes
B. No

Answers

Answer:

a) $0

Generally, partners recognize gain on property contributed to a partnership only when the cash they are deemed to receive from debt relief exceeds their basis in the partnership prior to the deemed distribution. Harry did not have any debt relief.

b) $0.

Partners may never recognize loss when property is contributed to a partnership even when they are relieved of debt.

c) Sally should consider selling the property to the partnership rather than contributing it. By selling the property, she could recognize the $50,000 built-in loss on the equipment.

who are the customers for textbooks? What do these customers want in terms of goods and services related to textbooks? From the publishers point of view, who are the key customer?

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Answer:

the customers for textbooks are students and schools

Question 7 of 10 How much should you save each year for maintenance on your home? $500 Whatever your home inspector recommends 7% of your gross income At least 1% of the purchase price

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Answer: At least 1% of the purchase price

Explanation:

The 1% rule is a popular practice that estimates that 1% of a house´s purchase price should be expected to be required for maintenance every year. This is the case for a house that is less than five years old. Houses between 5 and 25 years old could range between a 1 and 4% annual maintenance budget, depending also on its location, the market, its size, and the impact of the weather.

Bronn tells Jaime, "I really like your armor." Jaime responds, "I will sell it to you for $800." Bronn states, "Sure, and throw in your sword too." Jaime then writes out the contract, detailing only that he will sell Bronn his armor and the sword. He also lists the delivery date for next Wednesday. The next week on the day of performance, Jaime fails to deliver the armor and sword. Bronn sues him for breach of contract, but Jaime claims the contract is not enforceable because it was missing the price. When Bronn filed his lawsuit, which of the following needed to be included in the written contract for enforceability?
a. signature of both parties
b. price subject
c. matter
d. delivery
e. performance

Answers

Answer:

B. price subject

Explanation:

For this contract to be enforceable, it must include price, matter and delivery date. These aspects are all best essential and should be included in the contract. From the question when Jaime wrote the contract he failed to detail the price they agreed upon. Even though the rest were included. Therefore this contract cannot be enforced since it is missing this important aspect. Option b is the answer to the question

Eakins Inc.'s common stock currently sells for $15.00 per share, the company expects to earn $2.75 per share during the current year, its expected payout ratio is 70%, and its expected constant growth rate is 6.00%. New stock can be sold to the public at the current price, but a flotation cost of 8% would be incurred. By how much would the cost of new stock exceed the cost of retained earnings

Answers

Answer:

1.12%

Explanation:

By how much would the cost of new stock exceed the cost of retained earnings = Cost of new equity - Cost of retained earnings

Cost of retained earnings = ((2.75 * 70%) / 15) + 6.00%  

Cost of retained earnings = ((2.75 * 0.7) / 15) + 0.06

Cost of retained earnings = 0.1283 + 0.06

Cost of retained earnings =0.1883

Cost of retained earnings = 18.83%

Cost of new equity= ((2.75 * 70%) / (15 * (1 - 8%) ) + 6.00%

Cost of new equity= 19.95%

Hence, Cost of new equity - Cost of retained earnings

= 19.95% - 18.83%

= 1.12%

Cantor Corporation acquired a manufacturing facility on four acres of land for a lump-sum price of $9,000,000. The building included used but functional equipment. According to independent appraisals, the fair values were $4,500,000, $3,000,000, and $2,500,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be:

Answers

Answer:

Initial value of building = $4,050,000

Initial value of land = $2,700,000

Initial value of equipment = $2,250,000

Explanation:

The fair value of an asset refers to a unbiased estimate of the likely market price of the asset.

The initial value of a fixed asset refers to the amount of money that spent to acquire or create the asset.

The initial value of each asset from a group of asset can be calculated using the following formula:

Initial value of an asset = Lump-sum price * (FVA / TFV) ............ (1)

Where, from the questio;

Lump-sum price = $9,000,000

FVA = Fair value of a particular asset. From the question, we have:

Building fair value = $4,500,000

Land fair value = $3,000,000

Land fair value  = $2,500,000

TFV =Total fair value = Building fair value + Land fair value + Land fair value = $4,500,000 + $3,000,000 + $2,500,000 = $10,000,000

Substituting the values into equation (1), we can determine the initial value of each asset as follows:

Initial value of building = $9,000,000 * ($4,500,000 / $10,000,000) = $9,000,000 * 0.45 = $4,050,000

Initial value of land = $9,000,000 * ($3,000,000 / $10,000,000) = $9,000,000 * 0.30 = $2,700,000

Initial value of equipment = $9,000,000 * ($2,500,000 / $10,000,000) = $9,000,000 * 0.25 = $2,250,000

A divisional manager receives a bonus based on 10% of the residual income from the division. During the current year, the division reported revenues of $1,000,000 and expenses of $500,000. The division had $2,000,000 in average operating assets. The minimum required rate of return for the division was 15%. What was the amount of the manager's bonus

Answers

Answer:

The amount of the manager's bonus is $20,000

Explanation:

Residual income =  Net income - ( average operating assets * minimum rate of return)

Net income= Revenues - Expenses  = $1,000,000 - $500,000

Net income = $500,000

Residual income = 500,000 - (2,000,000 * 15%)

= 500,000 - $300,000

= $200,000

Managers bonus = $200,000 * 10%

Managers bonus = $20,000

How is one product determined to specialize in between the two

Answers

Answer:

Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services.

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Merry Maidens Cleaning generally charges $280 for a detailed cleaning of a normal-size home. However, to generate additional business, Merry Maidens is offering a new-customer discount of 10%. On May 1, Ms. E. Pearson has Merry Maidens clean her house and pays cash equal to the discounted price. Required: Record the revenue earned by Merry Maidens Cleaning on May 1.

Answers

Answer:

May 1

DR Cash $252

CR Service Revenue $252

(To record payment for services rendered)

Working

Cash = Net Service revenue

Net Service revenue = $280 * ( 1 - 10%)

= 280 * 90%

= $252

g Sheffield Corp. purchased a truck at the beginning of 2017 for $109200. The truck is estimated to have a salvage value of $3800 and a useful life of 131750 miles. It was driven 23000 miles in 2017 and 31000 miles in 2018. What is the depreciation expense for 2018

Answers

Answer:

$24,800

Explanation:

Calculation for the depreciation expense for 2018 for Sheffield Corp.

Using this formula

Depreciation expense = (Purchased at the beginning-Salvage value/Useful life)* Driven miles

Let plug in the formula

Depreciation expense=($109,200-$3,800/131,750)*31,000

Depreciation expense=($105,400/131,750)*31,000

Depreciation expense=0.80*31,000

Depreciation expense=$24,800

Therefore the depreciation expense for 2018 will be $24,800

Which one of these is the best description of a comparative market analysis? It shows what similar homes in the area have recently sold for It shows the list prices of similar homes in the area It’s a guide to the minimum acceptable offer It discloses issues with the home that are known to the seller

Answers

Answer:

It shows what similar homes in the area have recently sold for.

Explanation:

Answer:

The statement "It shows the same types of homes in the area that are presently sold" is considered to be the best description for the comparative market analysis.

Explanation:

A comparative market analysis is a tool that is used by the real estate agent in order to remove the value of the particular property via evaluation of the same types of homes that could be presently sold in a similar area.

For finding the best description regarding the comparative market analysis, we need to determine the following information:

It does not show the list prices of the same types of homes in the area.It does not guide for a minimum acceptable offer.Also, it does not disclose the issues for the income that are aware to the seller.

Therefore we can conclude that the first statement is correct

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In decision making under ________, there are several possible outcomes for each alternative, and the decision maker knows the probability of occurrence of each outcome

Answers

Answer: risk

Explanation:

In the decision making under risk, there are several possible outcomes for each alternative, and the decision maker knows the probability of occurrence of each outcome.

Unlike in uncertainties whereby the decision maker won't know the probability of the occurrence of the outcomes, in risk, one is aware.

Corporation has found that ​% of its sales in any given month are credit​ sales, while the remainder are cash sales. Of the credit​ sales, Corporation has experienced the following collection​ pattern: 20% received in the month of the sale 40% received in the month after the sale 24% received two months after the sale 16% of the credit sales are never received November sales for last year were ​, while December sales were . Projected sales for the next three months are as​ follows: January sales. . . . . . . . . . . . . . . . $150,000 February sales. . . . . . . . . . . . . . . $130,000 March sales. . . . . . . . . . . . . . . . . $175,000 Requirement Prepare a cash collections budget for the first​ quarter, with a column for each month and for the quarter. ​(Round your answers to the nearest whole​ dollar.) Sweeney Corporation Cash Collections Budget For the Months of January through March January Cash sales Collections on credit sales: 20% Month of sale 40% Month after 24% Two months after Total cash collections Enter any number in the edit fields and then click Check An

Answers

Answer:

Some information is missing, specifically the % of credit sales. Similar questions use 80%, so I will use that %. Also, November sales were $85,000 and December sales were $115,000.

                              Cash collections budget

                                                January              February             March

Cash sales                               $30,000            $26,000              $35,000

Collection from Nov. sales      $16,320

Collection from Dec. sales     $36,800             $22,080

Collection from Jan. sales      $24,000            $48,000              $28,800

Collection from Feb. sales                                $20,800               $41,600

Collection from March sales                                                          $28,000

Total cash collections            $107,120             $116,880             $133,400

Which of the following goals of a performance evaluation system is accomplished when the company's actual results are compared to industry standards?
A) Benchmarking
B) Motivating unit managers
C) Promoting goal congruence
D) Providing feedback

Answers

Answer:

A) Benchmarking

Explanation:

Benchmarking refers to a process in which the performance of the company could be measured with respect to the product, services, processes as compared with the industry performance

Here in the given situation, when an actual result is compared with the industry standards than we called as a benchmarking and the same is to be used for the evaluation of the performance system

A consumer plays the role of:


A)a wage earner.

B)a saver.

C)a borrower.

D)All of these choices are correct.

Answers

Answer:

c) borrower

Explanation:

A consumer plays the role of a borrower. The consumer is the important role in the economy. Thus, option (c) is correct.

What is consumer?

The term “consumer” means purchasing a product or service for the purpose of personal use. The consumer are consumed the product and services. The consumer are buying the product and services with exchange of money.

According to the role of the consumer are the played in the significant role of the economy. The business are the sale of the goods and the services are the borrower are the paid the money to the business. The economy cycle was the continue run.

As a result, the consumer plays the role of a borrower. The consumer is the significant role in the economy. Therefore, option (c) is correct.

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1. A research project began with the selection of women who had recently had abdominal surgery. The project matched those women with controls and continued with measurements of abdominal muscle strength for both groups every three months for a year. This project was: A. Prospective study B. Retrospective study C. Experimental study D. Cross sectional study

Answers

Answer:

Abdominal rectus diastasis is a condition where the abdominal muscles are separated by an abnormal distance due to widening of the linea alba causing the abdominal content to bulge. It is commonly acquired in pregnancies and with larger weight gains. Even though many patients suffer from the condition, treatment options are poorly investigated including the effect of physiotherapy and surgical treatment. The symptoms include pain and discomfort in the abdomen, musculoskeletal and urogynecological problems in addition to negative body image and impaired quality of life. The purpose of this review was to give an overview of treatment options for abdominal rectus diastasis.

Results: The first treatment step is physiotherapy. However, evidence is lacking on which regimen to use and success rates are not stated. The next step is surgery, either open or laparoscopic, and both surgical approaches have high success rates. The surgical approach includes different plication techniques. The recurrence and complication rates are low, complications are minor, and repair improves low back pain, urinary incontinence, and quality of life. Robotic assisted surgery might become a possibility in the near future, but data are still lacking.

Conclusions: Evidence on what conservatory treatment to use is sparse, and more research needs to be done. Both open and laparoscopic surgery have shown positive results. Innovative treatment by robotic assisted laparoscopic surgery has potential, however, more research needs to be done in this area as well. An international guideline for the treatment of rectus diastasis could be beneficial for patients and clinicians.

Keywords: rectus diastasis, treatment options, physiotherapy, surgery, abdominoplasty, laparoscopy, robot assisted surgery

An annuity provides for 30 annual payments. The first payment of 100 is made immediately and the remaining payments increase by 8 percent per annum. Interest is calculated at 13.4 percent per annum. Calculate the present value of this annuity.

Answers

Answer:

$1423.38

Explanation:

number of payments ( number of years )(n) = 30

first payment = $100

interest calculated at : 13.4 % = 0.134

increment rate : 8 percent = 0.08

we can calculate the present value using this Equation

= (p / (r-g))  * [1 - [(1+g)/(1+r)]^n ]

where :

p / (r-g) = 100 / (0.134 - 0.08 ) = $1852

[1 - ((1+g)/(1+r)]^n ) =  (1 - ((1.08/1.134)^30 ) =  0.7686

hence the present value of this annuity = $1852 * 0.7686 = $1423.38

Note :

p ( first principal payment ) = $100

r ( calculated interest ) = 13.4% = 0.134

g ( increment interest ) = 8 % = 0.08

The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method for operating activities) as a(n)

Answers

Answer:

Operating Activity

Explanation:

The Indirect method, reconciles the Operating Profit to the Operating Cash Flow by adjusting the following items (1) Non Cash flow items previously added or deducted from Operating Profit and (2) Changes in Working Capital items.

Amortization of bond premium is an item of non-cash flow that was previously deducted from Operating Profit and needs to be added back.

It is important negotiators consider the shadow negotiation carefully before meeting with the other party so they:________

a. understand where the boundaries of the current negotiations are and should be.
b. are clear in their own minds about the scope of the negotiations.
c. understand how they would ideally like to work with the other party.
d. determine what ground the negotiation is going to cover and how the negotiators are going to work together.
e. understand that all the above are important to the shadow negotiations.

Answers

Answer:

b. are clear in their own minds about the scope of the negotiations.

Explanation:

Shadow negotiations refer to the unspoken assumptions that determine how those involved in a deal with each other, whose opinions get heard, whose interests hold sway. Therefore, this is important so the negotiators are clear in their own minds about the scope of the negotiations. Meaning that they go into the negotiation knowing who has more bargaining power and how far they can actually take the negotiation.

Long-Term Solvency Ratios Summary data from year-end financial statements of Palm Springs Company for 2017 follow.
Summary Income Statement Data
Sales $11,692,900
Cost of goods sold 5,135,000
Selling expenses 938,000
Administrative expenses 780,000
Interest expense 2,210,000
Income tax expense 905,000 9,968,000
Net income $1,724,900
Summary Balance Sheet Data
Cash $117,000
Total liabilities $900,000
Noncash assets 1,183,000
Stockholders' equity 400,000
Total assets $1,300,000
Total liabilities and equity $1,300,000
Round answers to two decimal places.
a. Compute the ratio of times-interest-earned.
b. Compute the debt-to-equity ratio.

Answers

Answer:

a. Compute the ratio of times-interest-earned.

times-interest-earned = EBIT / interest expense

EBIT = $4,839,900interest expense = $2,210,000

times-interest-earned = $4,839,900 / $2,210,000 = 2.19

b. Compute the debt-to-equity ratio.

debt-to-equity ratio = total liabilities / total stockholders' equity

total liabilities = $900,000total stockholders' equity = $400,000

debt-to-equity ratio = $900,000 / $400,000 = 2.25

Rose Corporation, a calendar year corporation, had accumulated earnings and profits of $40,000 as of January 1, 2014. However, for the first six months of 2014 Rose Corporation had an operating loss of $36,000, and finished the year with a total net operating loss for tax year 2014 of $55,000. Rose Corporation distributed $15,000 to its shareholders on July 1, 2014. Which of the following is correct?A. The entire distribution of $15,000 is taxable as a dividend.B. The entire distribution is not taxable.C. The part of the distribution which is taxable as a dividend is $12,500.D. The part of the distribution which is taxable as a dividend is $14,000.

Answers

Answer:

C. The part of the distribution which is taxable as a dividend is $12,500.

Explanation:

Rose's total loss for the year = $55,000

we must prorate the loss: $55,000 / 12 months = $4,583.33 per month

loss allocated to the first 6 months = $4,583.33 x 6 = $27,500

retained earnings before the distribution = $40,000 - $27,500 = $12,500

since distributions must come from retained earnings to be considered dividends, then only $12,500 will be considered dividends. The remaining $2,500 will be considered a return of capital

Steady​ Company's stock has a beta of . If the​ risk-free rate is and the market risk premium is ​, what is an estimate of Steady​ Company's cost of​ equity?

Answers

The question is incomplete as it misses the figures. The following is the complete question.

Steady Company's stock has a beta of 0.21. If the risk-free rate is 6.2% and the market risk premium is 6.9%, what is an estimate of Steady Company's cost of equity?

Answer:

The cost of equity is 0.07649 or 7.649%

Explanation:

The required rate of return or cost of equity capital is the rate required by the investors to invest in a stock based on the systematic risk of the stock as measure by the beta. The required rate of return or cost of equity can be calculated using the CAPM equation. The CAPM equation is,

r = rRF + Beta * rpM

Where,

rRf is the risk free raterpM is the risk premium on market

r = 0.062 + 0.21 * 0.069

r = 0.07649 or 7.649%

TB MC Qu. 9-251 Turrubiates Corporation makes a product that ... Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 6.7 liters per unit Standard price $ 1.20 per liter Standard cost $ 8.04 per unit The company budgeted for production of 2,500 units in April, but actual production was 2,600 units. The company used 18,000 liters of direct material to produce this output. The company purchased 18,800 liters of the direct material at $1.30 per liter. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for April is:

Answers

Answer:

Direct material quantity variance= $696 unfavorable

Explanation:

Giving the following information:

Standard quantity 6.7 liters per unit

Standard price $ 1.20 per liter

Actual production was 2,600 units.

The company used 18,000 liters of direct material to produce this output.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 6.7*2,600= 17,420

Direct material quantity variance= (17,420 - 18,000)*1.2

Direct material quantity variance= $696 unfavorable

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Cloud computing gives you the ability to expand and reduce resources according to your specific service requirement.a. Trueb. False Please help with this A sequence of 1 million iid symbols(+1 and +2), Xi, are transmitted through a channel and summed to produce a new random variable W. Assume that the probability of transmitting a +1 is 0.4. Show your worka) Determine the expected value for W b) Determine the variance of W Which compromise led to the South's agreement to accept Hamilton's plan? A) state debts would not be paid B) The Bank of the United States would be located in Georgia. C) The United States capital would be moved further south. D) Three-fifths of state debt would be paid. Find the doubling time of an investment earning 8% interest if interest is compounded continuously. The doubling time of an investment earning 8% interest if interest is compounded continuously is ____ years. One way to calculate the target heart rate of a physically fit adult during exercise is given by the formula h=0.8( 220x ), where h is the number of heartbeats per minute and x is the age of the person in years. Which formula is equivalent and gives the age of the person in terms of the number of heartbeats per minute? ChemistryWhat is a chemical reaction Brian invested his savings in two investment funds. The $8000 that he invested in Fund A returned a 4% profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 2% profit? Solve for x: 7 > x/4 which of these expressions are equivalent to p/3? A. p-2/3 B. 1/3p C. p-3 D. 3/p E. 3p/p For lunch, Kile can eat a sandwich with either ham or a bologna and with or without cheese. Kile also has the choice of drinking water or juice with his sandwich. The total number of lunches Kile can choose is A mass m = 0.7 kg is released from rest at the origin 0. The mass falls under the influence of gravity. When the mass reaches point A, it is a distance x below the origin 0; when the mass reaches point B it is a distance of 3 x below the origin 0. What is vB/vA? What most likely accounts for the difference in the debt level in the last year of the Bush presidency (1992) and the last year of the Clinton presidency (2000)?Clinton supported government-funded social programs, while Bush minimized them. Clinton introduced more open-trading policies, while Bush increased military spending. Clinton enacted more regulations, while Bush only enacted the Clean Air Act and Americans with Disabilities Act. Clinton presided over economic growth with higher taxes, while the economy under Bush did poorly. A population of bacteria P is changing at a rate of dP/dt = 3000/1+0.25t where t is the time in days. The initial population (when t=0) is 1000. Write an equation that gives the population at any time t. Then find the population when t = 3 days. To find (x y) dx + (x + y) dy directly, we must parameterize C. Since C is a circle with radius 2 centered at the origin, then a parameterization is the following. (Use t as the independent variable.) x = 2 cos(t) y = 2 sin(t) 0 t 2 With this parameterization, find the followingsdy=_____dx=_____ Economic profit in the long run is: Group of answer choices possible for both a pure monopoly and a pure competitor. possible for a pure monopoly but not for a pure competitor. impossible for both a pure monopolist and a pure competitor. only possible when barriers to entry are nonexistent. which expression have a value of 2/3 A: 8+(24 divided by 12) X 4B:8+24 divided by (12X4)C: 8+24 divided 12X4D: (8+24) divided (12X4) For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $314,000 budget; $300,800 actual. In the second quarter, budgeted sales were $381,000, and actual sales were $391,000.Prepare a static budget report for the second quarter and for the year to date.CROIX COMPANYSales Budget ReportFor the Quarter Ended June 30, 2017Second Quarter Year to DateProduct Line Budget Actual Difference Budget Actual Difference Find the derivative of the function f(x) = (x3 - 2x + 1)(x 3) using the product rule.then by distributing and make sure they are the same answer Matter is anything that has mass and takes upspace.Which of the following is an example ofmatter?A. ear phonesB. musicC. sunlightD. heat