The answer is a part of the total product offered by LoRider.
Answer:
Product X is allocated with 87,500 dollar of the joint cost.
Explanation:
We allocate the values considering the weight of their sales value:
Joint cost: 250,000
We add up the sales values and then calcualte how much each product contributes to that.
Then we multiply that weight or percentage of sales revenue by the joint cost to get the allocated on each product.
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Answer:
The correct answer is: is relatively inelastic because there are very few substitutes for lightbulbs.
Explanation:
The demand for unit elasticity is an intermediate situation between an elastic and other inelastic demand curve, so that the price elasticity is equal to one, which means that in the face of variations in price, the total ingrowth (price per cantidad), if it decides, if the price increases, the demanded cantidad will diminish in an amount such that the previous and the present in the same ones. The same would occur in the case that the price had fallen, the song would increase so much that the ingrowth remained constant.
Answer:
$31,100
Explanation:
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300.
Therefore the amount of stockholders’ equity as of May 31 of the current year can be derived by the formula : Capital = Assets - Liabilities
<u>Assets</u>
Cash $20,500;
Accounts Receivable, $7,250;
Supplies, $650;
Equipment, $12,000
TOTAL = 40,400
<u>Liabilities</u>
Accounts Payable, $9,300.
Therefore stockholders’ equity = 40,400 - 9,300 = $31,100
