For the first question it is the first answer
For the second question it is the last answer
For the third question it is the first answer
Answer:
E. A shift to the right of the demand curve
Explanation:
Demand curve can shift to the right if income of consumers increase or price of commodity falls generally. In this case the price fell due to lower production cost. The scenario is broad enough to cause demand to shift to the right.
Answer:
increase by $11,000
Explanation:
The computation of net operating income is shown below:-
Revenue = Sales per unit × Sales price per unit
= 3,000 × $70
= $210,000
Less variable costs = Sales per unit × Variable cost per unit
= 3,000 × $50
= $150,000
Fixed costs = $25,000
Net income = Revenue - Less variable costs - Fixed costs
= $210,000 - $150,000 - $25,000
= $35,000
Contribution margin per units = $70 - $50
= $20
Increase by 10%, it will be
$20 × (1 + 0.1)
= $22
If it decrease by 20%
= $25,000 × (1 - 0.20)
= $20,000
Net income = $3,000 × 22 - 20,000
= 46,000
So it was 35,000, with the changes it is 46,000. That increase by $11,000
they can expose product flaws. they can improve operating instructions. they can help clear up supply chain bottlenecks.
Answer:
its lower gross profit under the LIFO then the methode FIFO
Explanation: