Answer:
increase.
Explanation:
When the supply curve shifts out, supply increases and price falls. When the demand curve increases, the demand increases and price increases. The overall effect on demand would be an increase in demand.
I hope my answer helps you
Answer:
C. Three
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
So, in the above question, there are 3 transactions which are to be considered as operating activities that includes Purchased $12,000 in supplies, Provide services to customers for $27,000, and Paid the utility bill of $750
Answer:
(a)
Mathematical Equation for break-even
F = QP - QV
Where
F = fixed cost
Q = Break-even quantity
P = Selling price
V = Variable cost
F = Q ( P - V )
Q = F / ( P - V )
Q = $319,800 / ( $650 - $450 )
Q = $319,800 / $200
Q = 1,599 units
(b)
Contribution Margin = Price per unit - Variable cost per unit
Contribution Margin = $650 - $450 = $200
Break-even Point in Units = Fixed Cost / Contribution margin per unit
Break-even Point in Units = $319,800 / $200 = 1,599 units
Explanation:
Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.
Contribution per unit method use the contribution of each unit to calculate the break-even point.
Answer:
d) quality management
Explanation:
Continuous improvement
Continuous improvement in the overall performance of the Organization should be a permanent objective of the Organization.
This implies:
The continuous improvement of the quality management system is to increase the probability of increasing the satisfaction of Clients and other interested parties.
The following are actions aimed at improvement:
- analysis and evaluation of the existing situation to identify areas for improvement;
- the establishment of the objectives for improvement;
- the search for possible solutions to achieve the objectives;
- the evaluation of these solutions and their selection;
- the implementation of the selected solution;
- the measurement, verification, analysis and evaluation of the results of the implementation to determine that the objectives have been achieved;
- the formalization of the changes.
