Answer:
13x ÷ 760 - 13x
Explanation:
The compuatation is shown below:
Data provided in the question
Price per cookie = X
And, the quantity of cookies sold is
q = D(x) = 760 - 13x
Based on the above information, the price elasticity of demand equal to 1 is
We have to use the derivative
D'x = -13
Now the elasticity is
= x. D'x ÷ D(x)
= {x. (-13)} ÷ {760 - 13x}
= 13x ÷ 760 - 13x
Answer: Total Cost = $37,900
Explanation:
Responsibility accounting refers to a system where managers of different departments in a company are responsible and held accountable for the management of the controllable costs in their department.
Here the controllable costs on the manager, Jose Ruiz are Cost of parts, the Mechanics wages and Shop supplies.
Calculating the total costs that would appear on a responsibility accounting for the service department would be :
Particulars Amount
Cost of parts $22,400
Mechanics’ wages $14,300
Shop supplies $1,200
Total Cost $37,900
Answer:
$86.20
Explanation:
Total return from stock = Current price * expected return
Total return from stock = 80*14%
Total return from stock = $11.20
Dividend already realized = $5
Capital gain = $11.20 - $5
Capital gain = $6.20
End of one year price = Beginning price + capital gain
End of one year price = $80 + $6.20
End of one year price = $86.20
Therefore, at the end of one year price is $86.20
Answer:
Work in Process—Labeling $196,000; Work in Process—Canning $196,000.
Explanation:
Conversion costs are to be accounted for on 50,000 units transferred to the Labelling department at a cost of $3.92 per equivalent unit.
Total conversion cost = 50,000 * 3.92
= $196,000
This would be transferred from the Work in progress account for the Canning department so that account would be credited and the Labelling department Work in progress account which is receiving it would be debited.
DR Work in Process—Labeling...................................... $196,000
CR Work in Process—Canning........................................................ $196,000.
Answer:
I think it is A but I am not completly sure please tell me what the correct awnser if i am wrong
Explanation:
