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4 years ago

What is fixed expense

1 answer:

3 0

A fixed expense<span> is an </span>expense<span> that will be the same total amount regardless of changes in the amount of sales, production, or some other place</span>

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If consumers consider beer and wine substitute goods, the products would have a __________ cross-elasticity of demand and an inc

pshichka [43]

Answer:

The correct to the first fill in the blank is positive and answer to second fill in the blank is increase .

Explanation:

Cross price elasticity of demand can be defined as the measurement of change in quantity demanded one good that is in response to the change in price of another good.

Cross price elasticity of demand is said to be positive when the gods are substitute, which means that if there is an increase in price of one good than there will increase in demand of other good, same way if there is decrease in price of one good than there will be decrease in demand of other good.

7 0

3 years ago

Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

Damm [24]

Answer:

silver

direct materials price variance = $1,050 favorable

direct materials quantity variance = $13,200 favorable

Crystals

direct materials price variance = $671 favorable

direct materials quantity variance =$1,327.50 favorable

direct labor

direct materials rate variance = $1,200 unfavorable

direct materials efficiency variance =$2,100 favorable

Explanation:

silver

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (350×$21,00)-(350×$24.00)

= $1,050 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (350×$24.00) -(1,500×0,60×$24.00)

= $13,200 favorable

Crystals

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (3,050×$0,23)-(3,050×$0.45)

= $671 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (3,050×$0.45) -(1,500×4.00×$0.45)

= $1,327.50 favorable

direct labor

direct materials rate variance = (Aq×Ap)-(Aq×Sp)

= (2,400×$14,50)-(2,400×$14.00)

= $1,200 unfavorable

direct materials efficiency variance = (Aq×Sp)-(Sq×Sp)

= (2,400×$14.00) -(1,500×1.50×$14.00)

= $2,100 favorable

4 0

4 years ago

You are considering purchasing a new truck that will cost you $34,000. The dealer offers you 1.9% APR within monthly compounding

dmitriy555 [2]

Answer: $31,513.65

my monthly payment (principal) would be closest to $31,514

Explanation:

Using compound interest formula below to find the principal

A = p (1 + r/n)^nt

A= amount = $34,000

r = annual nominal rate = 1.9% = 0.019

n = number of compounding ; monthly compounding means 12 interest payments in a year

P= principal

t= time in years 48months = 48/12years = 4years

34,000 = p (1 + 0.019/12)^12(4)

34,000 = p (1 + 0.00158333333)^48

34,000 = p ( 1.00158333333)^48

34,000 = 1.07889755p

Divide both sides by 1.07889755

P = $31,513.6502

≈$31,514 to nearest whole number.

5 0

4 years ago

1. The monthly market shares of General Electric Company for 12 consecutive months follow. Develop three-month and four-month mo

aleksklad [387]

Answer:

MSE for 3-month MA = 0.0790

for 4-month, it is 0.066

Hence, 4-month MA is better.

Explanation:

In statistics, the mean squared error, MSEor mean squared deviation (MSD) of an estimator that is of a procedure for estimating an unobserved quantity, measures the average of the squares of the errors, that is, the average squared difference between the estimated values and the actual value.

This is used to ascertain the preferred or better forecast from 2 or more given parameters.

Kindly check the attachment for the step by step explaination of the MSE forecast.

6 0

3 years ago

Gamma, Inc., has struggled for industry dominance with Ardent, Inc., its main competitor, for years. Gamma has gathered and anal

IgorLugansk [536]

Answer:

Option B, Causal ambiguity

Explanation:

Causal ambiguity defines the situation where there is lack of understanding of cause-and-effect interactions between resources and competitive advantage. This is the case with the Ardent having a competitive advantage over Gamma. It relates the ambiguity between resources and performance of available resources.

Option B is correct

3 0

3 years ago