Business, 29.10.2020 23:00 kingyogii

UNIT 6
Critical Thinking Questions
Please complete the following questions. Use a word processor to complete your work. Remember to use complete sentences and include both the questions and answers when you submit your work.
Submit your work as a file attachment using the dropbox.

The answers to the Critical Thinking Questions are worth 10 points.

1. While the banking industry and the marketing industry are very different, they also maintain a critical relationship with each other—why? Explain and analyze the critical relationship that exists between these two industries.
2. How does one calculate exchange rates? Provide an example and walk through the steps that are used to calculate exchange rates.

Answers: 2

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Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:

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Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same

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UNIT 6
Critical Thinking Questions
Please complete the following questions. Use a word p...