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Andrew [12]
2 years ago
15

When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies

Business
1 answer:
abruzzese [7]2 years ago
7 0

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

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Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a
damaskus [11]

Answer:

$288 (F)

Explanation:

In order to calculate activity variance we subtract actual results from the flexible budget. Moreover, the flexible budget is determined by taken into account both fixed and variable expense of the activity. This is shown below:

Flexible Budget of Selling and Administrative Expense = 25,900 + (2.1 x 5,980) = $38,458

Variance = 38,170 - 38,458 = $288 (F)

Because the actual expense is less than the flexible budget, the variance is favorable (F).

Note: Variable flexible budget is calculated by multiplying the variable rate with the actual units produced.

5 0
3 years ago
Cowtown Creamery, Inc., needs a certain part for its pasteurizing equipment to continue its operations and orders one for $3,000
Vlada [557]

Answer:

(B) $10,000.

Explanation:

As in the given transaction, the customer already told the company that he wants the product by Tuesday or the company has to return the amount.  

Afterward, the company is unable to ship the part on time.  

So, the Cowtown can recover the amount of $10,000 instead of $13,000 as both parties are under the contract So, no one can escape from their responsibilities

4 0
3 years ago
Difference between transport business and drink business​
gtnhenbr [62]

Answer:

a transport business uses (preferably semi's) any vehicles to transport one item from one place to another. a drink business is a place/product ( drinks (soft or alcoholic) and you sell them to make a profit

transport business is both cheaper and easy to set up and run.

8 0
3 years ago
Jake retired from the police force. He started working an hour or two a day at a paid job in city's courthouse. Jake is A) emplo
fredd [130]

Answer:

The correct answer is letter "A": employed.

Explanation:

Employment is the state in which an individual works independently or for someone else and obtains compensation for the duties performed regardless of the number of hours or days by week that person works. Employment could be informal (usually when the employee does not have payroll benefits) or formal (when the company that person works for offers employees wage, health benefits and a specific number of working hours per week).

5 0
3 years ago
You can avoid storage and assaying problems by investing in
Zanzabum

Answer:

gold bullion coins

Explanation:

quizlet

3 0
3 years ago
Read 2 more answers
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