Answer:
Under applied overhead of $3,010
Explanation:
Actual manufacturing overhead
$31,910
Less:
Applied manufacturing overhead
($28,900)
Under applied overhead
$3,010
The difference between actual overhead incurred and the overhead applied is under applied or over applied manufacturing overhead.
With regards to the above, it is under applied manufacturing overhead because applied overhead is less than actual overhead.
Answer:
$1,150 worth of items
Explanation:
Given that,
Club offers membership = $115
Discount of all brand name purchase = 10%
Therefore, to cover the cost of membership,
You would have to purchase = 115 ÷ 0.10
= 1,150.
So, you have to buy items worth $1,150 to cover the cost of the membership.
Note that,
Discounts are a reduction in the original cost of a commodity, usually done in order to attract customers.
The elasticity of demand for college and university education is elastic. Thus, if the price of education is high, low-income students would decide not to get education. In order to incentivise low-income students, schools offer financial aid.
<h3>What does the elasticity of demand mean?</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
Answer:
True
Explanation:
Routinized response behavior is the decision making process used by consumers when they buy frequently purchased, low cost items that require very little search and decision effort.
Convenience goods are low cost goods that are purchased frequently with very little search and decision effort, e.g. candy, cold drinks, etc.
Answer:
portfolio's standard deviation = 0.3256
Explanation:
Stock Expected Return Standard Deviation Wi
A 10% 30% 0.2
B 20% 40% 0.8
covariance = [(10% - 10%) x (20% - 20%)] / (2 - 1) = 0
portfolio's standard deviation = (stock A's Wi² x variance) + (stock B's Wi² x variance) + (2 x covariance x weight A x weight B)
portfolio's standard deviation = √{(0.2² x 0.09) + (0.8² x 0.16) + 0} = √(0.0036 + 0.1024) = √0.106 = 0.3256
