2 years ago

True or false?

Business

1 answer:

valentina_108 [34]2 years ago

6 0

True total utility always decreases when marginal utility is present

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2 years ago

Calculate direct material variances when the quantity purchased equals the quantity used

Rudiy27

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

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

Direct material price variance= (1.96 - 1.92)*87,500

Direct material price variance= $3,500 favorable

Actual cost= 168,000 / 87,500 = $1.92

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

Direct material quantity variance= (3,500*24 - 87,500)*1.96

Direct material quantity variance= $6,860 unfavorable

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2 years ago

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1 year ago

If the nominal rate of interest is 4.35 percent and the expected rate of inflation is 1.63 percent, what is the real rate of int

Bond [772]

Answer:

Real rate interest = 2.675

Explanation:

given data

nominal rate of interest = 4.35 % = 0.0435

rate of inflation = 1.63 % = 0.0163

to find out

what is the real rate of interest

solution

we get here real rate of interest that is express as

Real rate interest = (1 + nominal rate) ÷ (1 + inflation rate) - 1 ...................1

put here value we get

Real rate interest = $\frac{1+0.0435}{1+0.0163}$ - 1

Real rate interest = 1.026763751 - 1

Real rate interest = 0.026763751

Real rate interest = 2.675

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