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Question:
The Kaiserburger fast-food operates to the following pre-determined standards:
Raw material 50 kg @2.5 125 Direct labour 14 hrs @ 4.75 66.50
The Actual results are as follows:
Production 150 units Direct material purchased 7,000 kg @ a cost of Rs 18,200 Opening stock direct materials 1,300 kg Closing stock direct materials 850 kg Wages paid for 2020 hrs Rs 9898
Required:
(a) Determine the following variances: (i) Material price variance (ii) Material usage variance (iii) Labour rate variance (iv) Labour efficiency variance Briefly describe three causes for each why material price variance and labour rate variance occur.
Name FIVE factors that can influence an individual when deciding whether or not to purchase a product. The degree to which the product satisfies a need or a want. The social
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Size of an advertising agency Size:- Both large size-agencies as well as small size agencies are available each has its own merits and demerits. Large-agencies have broad ran
Question 1: What is the Food Production Cycle? Explain in detail the process of production, sales and service with regard to supervision, quality and control procedures. Qu
Q-2 Explain Henry Assael Model of buying decision behaviour along with the diagram”.
Discuss the Henry Assael model on buying decision behaviour.
Definition: If C be the circle of curvature at any point P on a curve, then a chord of C through P in a given direction is called the chord of curvature in that direction. The Len
Read the journal article Lafferty, B. A., & Hult, G. T. M. (2001) ‘A synthesis of contemporary market orientation perspectives’, European Journal of Marketing, 35 (1/2), pp. 92–109
discuss about the consumer mind is a black box
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