Corporations Questions and Answers

Example's of TNC's (Transnational Corporations)?

What are some examples of Transnational Corporations?(Companies which deliver service in more than one country - for those of you who don't know what they are). I already hold McDonalds, Cadbury's & Nestle.
Thank you in finance :)


Answers: 1 Wal-Mart Stores
2 BP
3 Exxon Mobil
4 Royal Dutch/Shell Group
5 General Motors
6 Daimler Chrysler
7 Toyota Motor
8 Ford Motor
9 General Electric
10 Total
11 Chevron Texaco
12 ConocoPhillip
13 AXA
14 Allianz
15 Volkswagen

The site below names you 50 TNCs.

How can i franchise a Disney Store?




Answers: You can't. Disney no longer owns the Disney Store chain. It was sold to the same company that owns the Build-A-Bear stores. Even if Disney still actually owned the Disney Stores, it is not something that is franchised out like a Taco Bell.

You can sell authentic Disney merchandise with your own store though.
you'd probably need a million dollars if they had franchises - not borrowed money either

Materials Price Variance? Please Help!?

Blaster, Inc., manufactures portable radios. Each radio requires 3 unit of Part XBEZ52, which has a standard cost of $1.45 per section. During May, the company purchased 12,000 units of the piece for a total of $18,000. Also during May, the company manufactured 3,000 radios, using 10,000 units of Part XBEZ52.

During May, the materials price variance for the Part XBEZ52 be:

a. $450 Unfavorable
b. $450 Favorable
c. $600 Unfavorable
d. $600 Favorable


Answers: A) $450 Unfavourable

Standard costing is based on using a bill of materials. So the certainty that they used more of part XBEZ52 than the BOM indicated is irrelevant. That would be asorbed surrounded by a scrap report.

so 3,000 radios require 9,000 XBEZ52 parts
each XBEZ52 be acquired for $1.50 ($18k / 12k) whereas standard be $1.45. This gives a $0.05 opposed price per unit.

so 9,000 XBEZ52 required multiplied by $0.05 = $450 Unfavourable
c. $600 unfavorable. $0.05 unfavorable variance per part x 12,000 units purchased during the month. The variance is calculated at the time of purchase, not the time that the parts are used within manufacturing.

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