Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 50,000 pounds Standard price of direct materials $ 4.00 per pound Material price variance $ 9,000 Unfavorable Material quantity variance $ 9,000 Favorable The actual price per pound of direct materials purchased in June was .

$4.18

Explanation:

Material price variance = (Standard price - Actual price) * Actual quantity

-9,000 = (4 - P) * 50,000

-9,000 = 200,000 - 50,000P

50,000P = 200,000 + 9,000

P = 209,000/50,000

P = $4.18

leaders serve followers, rather than vice versa.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

In Business management, servant leadership emphasizes the notion that leaders serve followers, rather than vice versa.