Madden corporation manufactures tminus−shirts, which is its only product. the standards for tminus−shirts are as follows: standard direct materials cost per yard $ 8 standard direct materials quantity per tminus−shirt (yards) 1.5 during the month of may, the company produced 1,250 tminus−shirts. related production data for the month follows: actual yards of direct material purchased 1,400 actual direct materials total cost $ 15,500 what is the direct materials price variance for the month? a. $4,300 unfavorable b. $3,800 favorable c. $4,300 favorable d. $3,800 unfavorable

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

Why has the free enterprise system been modified to include some government intervention?

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve