For this case, the first thing you should do is define the variables of the problem.
We have then:
x: amount of soap.
y: amount of coffee.
The budgetary restriction in this case is the following inequality:
3.50x + 14y <= 70
answer:
3.50x + 14y <= 70
Answer:
B. the productivity of the asset varies significantly from one period to another
Explanation:
Unit of activity method is a method or technique used in calculating depreciation. This method is used when the value of the asset been measured is more closely related to the productivity capacity than the number of years in use. In this technique of calculating depreciation of an asset, the amount of depreciation charged to an expense varies in direct proportion to the amount of asset usage.
It is calculated using the following formula
DE = [( Original value - Salvage value) / estimated production capabilities] × Units per year.
Where
DE = Depreciation expense.
Answer: 9.08%
Explanation:
Using the Gordon Growth model, a required return on a stock can be calculated if the stock price, next dividend and constant growth rate is given.
Stock Price = 
37 = 
37(r - 0.04) = 1.88
r - 0.04 = 1.88/37
r = 1.88/37 + 0.04
r = 9.08%
When income rises, demand for a normal good will go up and demand for an inferior good will go down (because people would rather spend their extra money on the normal/better products).
Answer:
Direct material quantity variance= $41,440 unfavorable
Explanation:
Giving the following information:
Standard quantity per unit= 12,000/14,000= 0.86 pounds per unit
Standard cost of $14 per pound.
Used 15,000 pounds of direct material with a cost of $30 per pound to produce 14,000 units of finished product.
To calculate the direct material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (0.86*14,000 - 15,000)*14
Direct material quantity variance= $41,440 unfavorable
