If actual direct materials costs are greater than standard direct materials costs, it means that
A. the actual unit price of raw materials or the actual quantities of raw materials used was greater than the standard unit price or standard quantities of raw materials expected.
B. actual costs were calculated incorrectly.
C. the purchasing agent or the production foreman is inefficient.
D. the actual unit price of direct materials was greater than the standard unit price of direct materials.
Answers: 3
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The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
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Business, 22.06.2019 23:30
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If actual direct materials costs are greater than standard direct materials costs, it means that
A....
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