1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Strike441 [17]
1 year ago
7

The weekly demand for an item in a retail store follows a uniform distribution over the range 70 to 83. What would be the weekly

demand if its corresponding computer-generated value is 0. 5?
Business
1 answer:
Lelechka [254]1 year ago
7 0

The weekly demand would be 76.5. Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as their willingness to pay a certain price for items.

When the price of a good or service rises, the quantity demanded falls. To meet demand, multiple stocking strategies are frequently required. Similarly, lowering the price of items or services raises the quantity demanded.

Demand is a concept that both consumers and businesses are familiar with because it makes sense and occurs naturally throughout almost any day. When prices rise, such as when the seasons change, shoppers buy fewer items, or none at all.

To learn more about demand, click here

brainly.com/question/24300739

#SPJ4

You might be interested in
In​ ________, goals set by top managers flow down through the organization and become subgoals for each organizational area.
STatiana [176]

Answer:

traditional goal setting

Explanation:

This is traditional goal setting because the goals flow from the top down. Each organisational area then incorporates them from the top down.

3 0
3 years ago
Marigold Batteries is a division of Enterprise Corporation. The division manufactures and sells a long-life battery used in a wi
Sholpan [36]

Answer:

Marigold Batteries

A Division of Enterprise Corporation

1) Income Statement, absorption costing:

                                           60,000 Units  90,000 Units

Sales revenue                     $1,980,000     $2,970,000

Manufacturing costs:

Variable manufacturing costs 780,000        1,170,000

Fixed manufacturing costs     540,000         540,000

Total manufacturing costs $1,320,000      $1,710,000

Gross profit                           $660,000    $1,260,000

Expenses:

Variable selling and admin    300,000         450,000

Fixed selling and admin          50,000            50,000

Total expenses                    $350,000       $500,000

Net income                           $310,000       $760,000

2) Income Statement, variable costing:

                                           60,000 Units  90,000 Units

Sales revenue                     $1,980,000     $2,970,000

Variable costs:

Variable manufacturing costs 780,000         1,170,000

Variable selling and admin     300,000          450,000

Total variable costs            $1,080,000     $1,620,000

Contribution margin            $900,000      $1,350,000

Fixed costs:

Fixed manufacturing costs    540,000         540,000

Fixed selling and admin          50,000            50,000

Total fixed costs                  $590,000       $590,000

Net income                           $310,000       $760,000

Explanation:

a) Data and Calculations:

Selling price per unit = $32

Expected unit sales             60,000         90,000

Production units                  60,000         90,000

Beginning inventory  = 0

Selling price per unit = $33

Variable manufacturing costs = $13 per unit

Fixed manufacturing costs = $540,000

Variable selling and administrative expenses = $5

Fixed selling and administrative expenses = $50,000

b) The key difference lies with the treatment of fixed and variable costs.  With absorption costing, the fixed manufacturing costs are included in the costs of products.  With variable costing, they are treated as period costs or expenses.  Also, with variable costing, variable selling and administrative costs are included in the variable costs of the products.  The variable costing method calculates the contribution margin before deducting the fixed expenses to arrive at the net income.  On the other hand, the absorption costing method calculates the gross profit instead of the contribution margin.

5 0
3 years ago
he initials GAAP stand for a. Generally Accepted Accounting Principles b. Generally Accepted Accounting Practices c. General Acc
Bess [88]

Answer:

Correct option is (a)

Explanation:

GAAP is the abbreviation for Generally Accepted Accounting Principles. These are guiding principles that help in recording accounting transactions. These are developed over the course of time and includes comprehensive guidelines used by accountants over the years in preparing financial statements.

GAAP ensures reliability and comparability of financial statements.

5 0
3 years ago
Mr. Drucker uses a periodic review system to manage the inventory in his dry goods store. He likes to maintain 15 sacks of sugar
ElenaW [278]

yes

Explanation:

because thays tuff stuff idk

7 0
2 years ago
Thompson argues that civil liberties thrive only when the public demands them and understands that they are at risk of losing th
nataly862011 [7]

Answer: A. True

Explanation:

Clive Thompson on Why the Next Civil Rights Battle Will Be Over the Mind shared the above.

According to C. Thompson he said "That means we need to stop seeing this stuff as science fiction and start thinking about how we'll react to it. Otherwise, we could all lose our minds."

8 0
2 years ago
Other questions:
  • If you want an indication of the direction a business is​ taking, you would use A. vertical analysis. B. trend percentages. C. b
    6·1 answer
  • Sally is not feeling well so her mother takes her to the doctor. The doctor tells her she has strep throat, gives her medication
    11·2 answers
  • In 2008, Upper Crust had cash flows from investing activities of −$270,000 and cash flows from financing activities of −$163,000
    6·1 answer
  • A business owner who wants to make adjustments to her company's production would make use
    6·1 answer
  • On November 1, Mason Corp. issued $800,000 of its 10-year, 8% term bonds dated October 1. The bonds were sold to yield 10%, with
    12·1 answer
  • I know this is very off topic and I might get banned for this but... I just got a guinea pig. He is Black and Brown with ,like o
    14·2 answers
  • Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?
    6·2 answers
  • Pizza is a product. As you have learned, services are marketed differently. Hypothesize about how the service at your restaurant
    6·1 answer
  • Appraisers rely on recently completed transactions of similar properties to guide their selection of the cap rate to be used to
    14·1 answer
  • In _____, a defined target population is ordered in some way, usually in the form of a taxpayer roll, customer list, or membersh
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!