The following direct materials data pertain to the operations of AEE Manufacturing Company for the month of March: Standard materials price P10.00 per pound
Actual quantity of material purchased and used 32,800 pounds

The standard cost card shows that a finished product contains 4 pounds of material. The 32,800 pounds were purchased in March at a discount of 5% from the standard price. In March, 8,000 units of finished product were manufactured.

Instruction: Using the format presented in the text, calculate the total variance.

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.