Answer: Increase in demand
Explanation: Change in demand occurs when factors affecting demand other the its price changes. While, a change in quantity demanded occurs when the price of the good changes other things constant. Since, jones cola and tucker cola are substitutes to each other. A rise in the price of jones cola will shift demand towards tucker cola. This, will lead to a rightward shift in the demand curve for tucker cola and an increase in demand for tucker cola.
Answer:
$329 unfavorable
Explanation:
The fixed manufacturing overhead volume variance shows how much the actual production differs from the budgeted production.
Fixed manufacturing overhead volume variance is computed as;
= Actual output at budgeted rate - Budgeted fixed overhead
= (4,830 × $4.70) - ($4.70 × 4,900)
= $22,701 - $23030
= $329 unfavorable
Therefore, the overall fixed manufacturing volume variance for the month is $329 unfavorable
Answer:
in roms 425
in dollars 24,650
Explanation:
Operating fixed cost
salaries 5,500
utilities 1,200
depreciation 1,300
maintenance <u>4,325</u>
Total Fixed cost 12,325
Contribution per room:
$58 per night
-$10 maid
-$19 other
Contribution = 29
12,325/29 = 425 rooms
29/58 = 0.5
12,325/0.5 = 24,650
Also can be done:
BEPunits x Price per unit
425 x 58 = 24,650
fixed expenses ........... it makes sense
Answer: 10.79%
Explanation:
Based on the information given, the return in year 1 will be:
= (22.5 + 2)/21 - 1
= 1.1136 - 1
= 0.1136
= 11.36%
The return in year 2 will be:
= (22.8 + 2)/22.5 - 1
= 1.1022 - 1
= 0.1022
= 10.22%
Therefore weighted return will be:
= (11.36% + 10.22%)/2
= 21.58%/2
= 10.79%
