APR is typically higher than the interest rate because
*
1 point
APR is only associated with smaller loans
the interest rate only factors in the principle
interest rate is a better picture of the coast as a whole
APR includes fees and other costs

Marketing plans that cover marketing activities from two to five years into the future are called "long-term marketing plans."

These plans are essential for businesses that want to ensure they have a clear path for achieving their long-term goals and objectives.

Long-term marketing plans provide a framework for the development and execution of marketing strategies that align with the company's vision and mission.

Long-term marketing plans typically include an analysis of the market and competition, an assessment of the company's strengths and weaknesses, and a detailed action plan for achieving marketing objectives over the next few years.

These plans often involve setting long-term goals and objectives, identifying target markets, developing marketing strategies, and creating a detailed action plan to achieve those goals.

By developing a long-term marketing plan, businesses can ensure that their marketing efforts are aligned with their long-term goals, which can lead to increased profitability and success in the marketplace.

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Designing an effective new hire training process is crucial for the success of any organization. It helps new employees to understand their roles and responsibilities, gain knowledge about the company culture and values, and become productive members of the team as soon as possible.

Kirk's goal of designing an effective new hire training process in his department can be achieved by following some key steps. Firstly, Kirk needs to analyze the job responsibilities of the new hires in his department and determine what skills and knowledge they need to be successful in their roles. He should also consider the company's goals and values and how they align with the department's objectives. Secondly, Kirk should consider the training delivery method. It is important to determine the most effective way to deliver training, whether it be in-person, online, or a combination of both. Kirk should also consider the duration of the training, frequency of training sessions, and how the training will be evaluated to ensure that it is effective. Thirdly, Kirk should design the training materials. He should make sure that the materials are comprehensive, easy to understand, and engaging. The materials should also be designed to meet the needs of different learning styles, including visual, auditory, and kinesthetic.
Finally, Kirk should monitor the effectiveness of the training process regularly. This will help him to make adjustments as needed and ensure that the training is meeting its objectives. It is also important to solicit feedback from new hires to ensure that the training is meeting their needs.
In conclusion, designing an effective new hire training process requires careful planning and consideration. By analyzing the job responsibilities, determining the delivery method, designing training materials, and monitoring the effectiveness of the training, Kirk can develop an effective training process that will help new hires succeed in their roles.

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Answer:

a procedure used to teach a whole behavior by first training its parts is called Shaping

The statement "It is based on customer evaluations of the quality of goods and services" is true regarding the American Customer Satisfaction Index.

The American Customer Satisfaction Index (ACSI) is a measure of customer satisfaction with the quality of goods and services provided by various companies. It is based on surveys of customers and their evaluations of their experiences with products and services. The ACSI covers a range of industries, including retail, healthcare, finance, and government services.

The ACSI is not limited to evaluating only domestic firms, but includes both domestic and foreign companies that operate in the United States. It is also updated on a rolling basis throughout the year, with data collected quarterly and reported annually.

The ACSI is an effective tool for quantifying the value that customers place on products and services, as it is based on direct feedback from customers. It provides a way for companies to track changes in customer satisfaction over time and to identify areas for improvement.

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The correct order of the five sages of the creative process is as follows: preparation, incubation, insight, evaluation, and elaboration. In the preparation stage, you gather information and set the stage for your creative process.

This stage involves research, brainstorming, and setting goals. In the incubation stage, you step away from the problem and allow your mind to wander. This is a critical stage, as it allows your subconscious mind to work on the problem and generate new ideas.

The insight stage is when you have an "aha!" moment and come up with a solution to your problem. The evaluation stage involves assessing and refining your idea to ensure it is feasible and meets your goals. Finally, in the elaboration stage, you flesh out your idea and bring it to life.

This involves developing a plan, creating a prototype, and testing your idea. By following these five stages, you can enhance your creativity and develop innovative solutions to problems.

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Answer:

True

Explanation:

The Baby Boom is defined by economists and demographers as the 64 million infants born between 1946 and 1961 -- those who are now between the ages of 24 and 39.

While the impact of the Baby Boom generation may be higher interest rates, some economists also credit the youth generation with forcing businesses to invest in new plant and equipment to create more goods. They say this, in turn, has created added demand for credit.

A pure market economy relies on market forces, guided by the "invisible hand," to allocate resources and determine prices.

A pure market economy is a theoretical economic system in which all resources are privately owned, and market forces are the primary determinant of economic activity. In this system, prices are determined by supply and demand, and resources are allocated based on the ability and willingness of consumers to pay for them. The concept of the "invisible hand" refers to the idea that, in a free market, self-interested individuals acting in their own self-interest will ultimately lead to the most efficient allocation of resources and the greatest overall economic benefit for society.

While a pure market economy can lead to efficient resource allocation, it also has several drawbacks. For example, it may not provide essential goods and services, such as healthcare or education, to those who cannot afford them. In addition, market failures can occur, when the free market does not allocate resources efficiently or fairly, such as in the case of externalities or monopolies. As such, many modern economies incorporate elements of both market and government intervention to ensure a more balanced approach to resource allocation and economic growth.

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The market indifference demand curve for a product can be derived by adding the individual demand curves of all consumers in the market.

To infer the interest bend for an individual, we can utilize a lack of concern bend and a financial plan requirement chart. The lack of interest bend shows the mix of two merchandise that give a similar degree of fulfillment, and the spending plan requirement shows the blends of products that can be bought with the singular's pay.

By consolidating these two diagrams, we can find the ideal utilization point where the aloofness bend is digression to the spending plan requirement.

The incline of the spending plan imperative addresses the value proportion of the two products, and the slant of the lack of interest bend addresses the minor pace of replacement between the two merchandise.

To infer the market request bend with two shoppers, we can add their singular interest bends evenly to get the complete amount requested at each cost. This is on the grounds that the market request is just the amount of individual requests at each cost.

For instance, if purchaser A requests 10 units of a decent at $5, and customer B requests 15 units at $5, then the market interest at $5 would be 25 units. We can proceed with this cycle at each cost to get the market request bend.

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Santiago Designs uses a cost-plus pricing policy to ensure it maintains affordability while still generating reasonable revenue.

Santiago Designs Inc. is a company known for its quality interior decorations, customized service, and affordable prices.

Given the high demand for its service, Santiago's management could price its products higher, but it prefers to price its products such that it will earn a reasonable revenue. Santiago Designs bases its pricing policy on cost-plus pricing.

Step 1: Calculate the cost of production or service delivery, which includes material costs, labor costs, and overhead expenses.
Step 2: Determine the desired profit margin or markup percentage that the company aims to achieve.
Step 3: Multiply the total cost by the desired markup percentage to calculate the markup amount.
Step 4: Add the markup amount to the total cost to arrive at the final selling price.

In conclusion, Santiago Designs uses a cost-plus pricing policy to ensure it maintains affordability while still generating reasonable revenue.

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The exception to a finder of lost property obtaining title by possession is when the property is considered to be "mislaid." Mislaid property is defined as property that is intentionally placed by the owner in a location where it is expected to be found, but the owner then forgets where they placed it.

In this case, the owner of the property has not abandoned it and still has a rightful claim to it. Therefore, the finder of mislaid property must take reasonable steps to locate and notify the owner of the property. If the owner does not claim the property within a certain amount of time, then the finder may be able to claim title to the property by possession. However, this can vary depending on the jurisdiction and specific circumstances of the case.

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The job category in which workers are mostly women is elementary school teachers.

According to statistics, elementary school teachers are predominantly female. In fact, in the United States, the percentage of female teachers at the elementary level is around 81%. While there are certainly women in other job categories, such as corporate managers and physicians, they are not as heavily represented as elementary school teachers. College professors, on the other hand, are more evenly split between male and female.

In the given options, the job category where workers are mostly women is b-elementary school teachers. According to various studies and statistics, women comprise a significant majority of the workforce in elementary education. This is due to a variety of factors, including historical societal expectations and the nurturing nature typically associated with women.
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Market value weights are more relevant than book value weights.

Market value weights are more relevant because they reflect the current value of a company's assets and liabilities based on the stock market's perception of its future cash flows. Book value weights, on the other hand, are based on historical accounting values and may not reflect the true current value of the company. Market value weights provide a more accurate representation of a company's financial position and are used to calculate important financial ratios such as return on equity and cost of capital.

Additionally, market value weights are more useful for investors and analysts when making investment decisions as they provide a more accurate picture of a company's overall value. Therefore, market value weights should be given more consideration over book value weights.

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False. While domestic producers may support the policy, it is not necessarily true that it is not a good policy from the standpoint of US welfare.

The impact of the policy on US welfare would depend on various factors, such as the nature of the policy, the industry it affects, and its impact on employment, prices, and international relations.

It is possible that a policy that benefits domestic producers may harm consumers, who would have to pay higher prices for goods. In turn, this could lead to a decline in demand and potentially result in job losses. Furthermore, policies that are protectionist in nature could lead to retaliation from other countries, which could harm US exports and international relations. Therefore, it is important to consider all these factors when evaluating the impact of a policy on US welfare.

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TRUE. if you want to become a better listener, your first step is to stop talking.

If you want to become a better listener, your first step is to stop talking. By ceasing your own speaking, you can begin to focus on what the other person is saying. Often, people who struggle with listening tend to interrupt or think about their own response while the other person is speaking. By refraining from speaking and actively engaging in the listening process, you can improve your ability to understand others' perspectives and communicate more effectively. In addition to stopping talking, other tips for improving listening skills include asking open-ended questions, providing feedback, and maintaining eye contact. By practicing active listening, you can enhance your relationships with others, build trust, and promote effective communication.

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The correct statement regarding the business market is that many sets of business purchases are made for one set of consumer purchases.

This means that the demand for business goods and services is derived from the demand for consumer goods and services. For example, a company that produces computer chips will sell its products to computer manufacturers, who will then use the chips to produce computers that will be sold to consumers. Therefore, the demand for computer chips is directly related to the demand for computers by consumers.

In terms of the other statements, A is incorrect as business buying decisions are often more complex due to factors such as multiple decision-makers and long-term relationships. B is also incorrect as the business market can be larger in terms of dollars spent as businesses often purchase goods and services in large quantities. C is not necessarily true as the number of buyers in the consumer market can be much larger than in the business market. D is also incorrect as the relationship between buyers and sellers in the business market can be highly dependent on each other due to the need for ongoing supply and partnership.

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The correct answer is D) Human resources and employment.

The business functions for the payroll and personnel cycle typically include the following:

A) Payment of payroll: This involves the actual disbursement of funds to employees for their wages or salaries.

B) Timekeeping and payroll preparation: This includes tracking employee hours worked, calculating earnings based on pay rates and hours, and preparing the payroll.

C) Reconciliation of payroll account: This involves reconciling payroll records and accounts to ensure accuracy and identify any discrepancies.

D) Human resources and employment, while related to personnel management, is not typically considered a part of the payroll and personnel cycle. Human resources and employment functions usually encompass activities such as recruitment, hiring, training, performance management, and employee benefits administration. These functions are more focused on the overall management of the workforce and may interact with payroll and personnel processes, but they are not directly part of the payroll cycle itself.

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False. While getting an order may be the ultimate goal of a sales dialogue, it should not be the only objective included in the planning. Sales dialogue should be about building relationships and providing value to the customer.

If the focus is solely on getting an order, the salesperson may come across as pushy and only interested in their own needs rather than the needs of the customer. Additionally, a focus solely on getting an order may result in missed opportunities for cross-selling or upselling, which can increase the value of the sale and benefit the customer.

Effective sales dialogue planning should focus on understanding the customer's needs and providing solutions that address those needs. This involves building rapport, asking open-ended questions, actively listening to the customer's responses, and tailoring the conversation to their specific situation. By doing this, the salesperson can establish trust and demonstrate their expertise, making the customer more likely to buy from them in the future. Sales dialogue should also focus on providing value to the customer beyond just the product or service being sold. This may include offering resources or insights that can help the customer in their business or personal life. By focusing on building relationships and providing value, the salesperson can create a positive experience for the customer, leading to repeat business and referrals.

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If $3 out of every $21 Jerry earns goes towards his car expense, the fraction that expresses how much of Jerry's money goes towards his car expense is 3/21, which can be simplified to 1/7.

Jerry earns $21, and out of that amount, $3 goes towards his car expense. We want to find the fraction that represents this portion of his earnings.

We can express this fraction as 3/21, where the numerator represents the portion going towards the car expense ($3) and the denominator represents Jerry's total earnings ($21).

To simplify the fraction, we can divide both the numerator and the denominator by their greatest common divisor, which is 3. This results in 1/7. Therefore, the fraction 1/7 is equivalent to the fraction that expresses how much of Jerry's money goes towards his car expense.

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To prevent the costly oversight from happening again, we need to make some changes in our procurement process. Currently, we are only working with a single select supplier for replacement parts, which is unusual in our industry.

To avoid such a situation, I suggest that we should shop around for 2-4 additional suppliers to build relationships with. One way to do that is to join a select where we can partner with other food manufacturers for more negotiating power to get better prices with proven suppliers.

Although our procurement needs might be a bit different than other food manufacturers, we can still find a solution. Suppliers use select techniques to adapt to the various needs of different B2B customers.

If we join an exchange that includes other pet food manufacturers, we will find a ready-made supply chain to meet our needs. By adopting these changes, we can diversify our supplier base and reduce the risk of any future supply chain disruptions, ultimately saving us time and money.

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Operating-positive, investing-positive, and financing-negative features are commonly found in the statement of cash flows for a firm in the growth stage of its life cycle. Here option B is the correct answer.

The statement of cash flows is an important financial statement that provides information about a company's cash inflows and outflows. In the growth stage of a company's lifecycle, the statement of cash flows typically has the following characteristics:

A) Operating-positive, investing-negative, financing-positive: This means that the company is generating positive cash flows from its core business operations, while investing in fixed assets such as property, plant, and equipment, and raising additional funds through financing activities such as issuing debt or equity. This is a common characteristic of companies that are growing rapidly and need to invest heavily in their operations to support future growth.

B) Operating-positive, investing-positive, financing-negative: This means that the company is generating positive cash flows from its core business operations, while also investing in its operations to support future growth, and not relying on external financing to fund its activities. This is a characteristic of companies that are growing rapidly but have strong cash reserves to fund their growth.

C) Operating-negative, investing-negative, financing-positive: This means that the company is not generating positive cash flows from its core business operations or investing in its operations, but is raising funds through financing activities to support its operations. This is a characteristic of companies that may be struggling to generate positive cash flows from their operations and need external financing to support their activities.

D) Operating-positive, investing-negative, financing-negative: This means that the company is generating positive cash flows from its core business operations, but not investing in its operations or raising funds through financing activities. This is a characteristic of companies that may be in a mature stage of their lifecycle and do not require significant investments or external financing.

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Complete question:

Which of the following characteristics are typically found in the statement of cash flows for a firm in the growth stage of its lifecycle?

A) operating-positive, investing-negative, financing-positive

B) operating-positive, investing-positive, financing-negative

C) operating-negative, investing-negative, financing-positive

D) operating-positive, investing-negative, financing-negative

False.

Today's buyers are increasingly busy and have less time to engage with salespeople.

Many  buyers prefer to research products and services online before making a purchase, which means they may only engage with salespeople after they have already made a decision or narrowed down their options.

Additionally , many buyers are skeptical of traditional sales tactics and prefer to engage with salespeople who can offer personalized solutions and insights, rather than simply pushing a product or service. Therefore, it is not true that today's buyers have an abundance of time and are keen to see salespeople.

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No, Friedman's suggestion to put a warning/disclaimer on the Ford Pinto would not have been sufficient to ethically justify the continued sale of the car.

Friedman's shareholder theory emphasizes that the primary responsibility of a company is to maximize shareholder value. However, in the case of the Ford Pinto, the ethical considerations go beyond the narrow focus on shareholder interests. The Pinto's design flaw, which made it prone to exploding upon rear-end collisions, posed a significant risk to the lives and safety of consumers.

While putting a warning/disclaimer on the car would provide some information to consumers, it would not address the fundamental ethical issue of knowingly selling a product that posed a serious danger to its users. Ethical justifications require actions that prioritize the well-being and safety of consumers over solely pursuing shareholder interests.

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Yes, the American government did fund public art projects during the Great Depression as part of President Franklin D. Roosevelt's New Deal programs.

These projects were aimed at creating jobs for artists and stimulating the economy by investing in public infrastructure and beautification.

The Public Works of Art Project (PWAP) was established in 1933, followed by the Works Progress Administration (WPA) in 1935.

These programs funded a variety of public art projects, including murals, sculptures, and other works of art that could be displayed in public buildings such as post offices, schools, and libraries.

The goal was to provide work for unemployed artists and also to make public spaces more beautiful and inspiring for communities across the country.

These programs were highly successful and provided employment for thousands of artists during the Great Depression, leaving a lasting legacy of public art throughout the United States.

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Elinor Ostrom's economic research promotes the idea that under certain conditions, resources can be managed by communities without the need for government intervention or privatization.

Elinor Ostrom, who won the Nobel Prize in Economics in 2009, challenged the traditional view that resources can only be managed effectively through government regulation or privatization. Her research focused on the concept of "common-pool resources" such as fisheries, forests, and irrigation systems, which are resources that are collectively owned but individually used.

Ostrom argued that under certain conditions, communities can effectively manage these resources through a system of rules and social norms that promote cooperation, communication, and trust among users. These conditions include clearly defined boundaries for the resource, a system for monitoring and enforcing rules, and a mechanism for conflict resolution.

By studying real-world examples of successful resource management by communities, Ostrom showed that local knowledge and social capital can be just as effective as government regulation or privatization in achieving sustainable outcomes. Her research has important implications for environmental policy and the management of natural resources, and has led to the development of new approaches such as community-based conservation and co-management.

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The rising share of GDP that healthcare expenditures consume is important because it affects the economy and the ability to fund other important areas.

The increasing cost of healthcare is a significant concern for healthcare stakeholders because it can lead to reduced access to care, lower quality of care, and decreased financial stability for individuals, businesses, and governments. As healthcare costs continue to rise, they consume a larger share of the GDP, which can impact other important areas of the economy. For example, if healthcare spending continues to increase, it could lead to reduced spending in areas such as education, infrastructure, and defense. Additionally, if healthcare costs are not controlled, it could result in higher taxes or reduced benefits for individuals and businesses.

Healthcare stakeholders must work together to find innovative solutions to control costs and improve the value of healthcare to ensure that the rising share of GDP spent on healthcare does not have negative consequences for the economy and society as a whole.

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The given statement "Under the perfect tender rule, if the tender is not perfect, the seller is obligated to try again."  is False because The perfect tender rule is a principle of contract law that applies to the sale of goods.

It requires that the seller delivers the goods that exactly conform to the buyer's requirements and sp five, damaged, or not as specified. If the seller delivers goods that do not conform to the buyer's requirements, the buyer has the right to reject the goods.

The seller may then have the opportunity to cure the defect by delivering the correct goods within a reasonable time. However, the seller is not obligated to try again. The seller may also choose to refund the buyer's money or offer a substitute product that meets the buyer's requirements.

The perfect tender rule is a strict standard that applies to the sale of goods. It places a significant burden on the seller to ensure that the goods are delivered as specified. However, it also provides important protections for the buyer, who may be relying on the goods for their business or personal needs.

In summary, under the perfect tender rule, if the tender is not perfect, the seller is not obligated to try again. The buyer has the right to reject the goods, and the seller may have the opportunity to cure the defect or offer a refund or substitute product.

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In general, first-mover advantages can arise from any of these sources except D) using an imitative strategy to introduce improved versions of competitors' new products.

First-mover advantages typically include A) technological leadership, which allows a company to be the first to develop and implement new technologies; B) preemption of strategically valuable assets, such as prime locations or key suppliers, which limits competitors' access to important resources; and

C) the creation of customer switching costs, which make it more difficult for competitors to gain customers once they have established loyalty to the first-mover's product.

An imitative strategy (D) is not considered a first-mover advantage, as it relies on copying or improving upon existing products, rather than being the first to introduce a product or service.

Hence, the correct answer is D.

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Answer:

A) closed-loop supply chain

Explanation:

A supply network that is planned to maximize both forward and reverse flows is referred to as a "closed-loop supply chain."

A system that circularly integrates forward and reverse logistics is known as a closed-loop supply chain.

A closed-loop supply chain optimises the flow of resources and products to reduce waste and increase value. Products are developed with recycling in mind. It entails the end user returning goods and materials to the producer so they can be recycled, mended, or refurbished. This lowers waste, conserves resources, opens up new business prospects, and lowers expenses.

Closed-loop supply chains are becoming more and more common in sectors including consumer products, autos, and electronics. By offering sustainable goods and services, businesses that use a closed-loop supply chain can boost their environmental performance, lower their carbon footprint, and gain a competitive edge.

Therefore, a closed-loop supply chain is a sustainable business strategy that enhances forward and reverse flows to build a supply chain that is more effective and environmentally beneficial.

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Cost reduction is the intangible benefit of information systems that are not included in the given options.

The given options include improved decision-making, increased organizational learning, improved asset utilization, and improved operations as intangible benefits of information systems. However, cost reduction is the intangible benefit of information systems that are not included in the options. Information systems can help reduce costs by automating processes, reducing errors, increasing efficiency, and improving communication within the organization. These cost reductions may not be immediately apparent but can be seen over time.

Intangible benefits refer to non-monetary advantages that are difficult to quantify. Improved decision-making, increased organizational learning, improved asset utilization, and improved operations are all intangible benefits, as they enhance the organization's performance but are not directly tied to financial metrics. Cost reduction, on the other hand, is a tangible benefit, as it can be easily quantified and directly affects the organization's bottom line.

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The direct materials purchase-price variance in July was $11,200 unfavorable.

To determine the direct materials purchase-price variance in July for Kilo Company, we can follow these steps:

1. Calculate the actual price per pound of direct materials purchased:
Actual price per pound = Total cost of direct materials purchased / Total pounds of direct materials purchased
Actual price per pound = $515,200 / 56,000 pounds
Actual price per pound = $9.20

2. Calculate the standard price per pound of direct materials used:
Standard cost allowed = $244,800
Total standard pounds used = 13,600 finished units * 2.0 pounds per unit
Total standard pounds used = 27,200 pounds
Standard price per pound = Standard cost allowed / Total standard pounds used
Standard price per pound = $244,800 / 27,200 pounds
Standard price per pound = $9.00

3. Calculate the direct materials purchase-price variance:
Direct materials purchase-price variance = (Actual price per pound - Standard price per pound) * Total pounds of direct materials purchased
Direct materials purchase-price variance = ($9.20 - $9.00) * 56,000 pounds
Direct materials purchase-price variance = $0.20 * 56,000 pounds
Direct materials purchase-price variance = $11,200 (unfavorable)

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