Truth in Lending Disclosure is _____

Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.

avanturin [10]

Answer:

$335,428

Explanation:

The computation of the plane operating cost is shown below:

Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)

= $41,490 + ( $2,839 × 101 flights) + ($23 × 313 passengers)

= $41,490 + $286,739 + $7,199

= $335,428

We only considered the planned activity as we have to compute the plane operating cost for the planning budget

8 0

3 years ago

Suppose that on Valentine's Day, the demand for both roses and greeting cards increases by the same percentage amount. However,

BigorU [14]

Answer:

Based on the information supply of cards is more elastic (price sensitive) than that of roses

Explanation:

Price elasticity of supply is defined as the sensitivity of quantity supplied to changes in price.

The formula is given below

Price elasticity of supply= Change in quantity supplied ÷ Change in price

In this scenario the demand for both roses and cards increases, however the price of roses increases more.

This implies that the denominator in the formula is higher in roses resulting in smaller price elasticity of supply.

The elasticity of supply for cards is higher than that of roses, so it is more sensitive to changes in price.

Cards can be stored from year to year so the labour for maintaining a stock of cards is low with resultant low price.

On the other hand roses require care to grow. It requires watering, application of chemicals to treat infestation and so on. So suppliers tend to push the extra cost of growing roses to the buyers

6 0

3 years ago

Read 2 more answers

The 151 member governments of the World Bank are expected to increase the bank's funding by $75 billion, though some United Stat

Sonja [21]

Answer:

The correct option is option C from the below options.

Explanation:

As the question was not complete, the complete question is found online and is attached here with.

Also the options are not given which are as below:

(A) an obstacle to Congressional passage being the concern

(B) a concern as an obstacle to Congressional passage

(C) as an obstacle to Congressional passage the concern

(D) the concern, an obstacle to Congressional passage,

(E) as an obstacle for Congress to pass it the concern

Option A is incorrect as it is not an obstacle.

Option B is incorrect as it is not a concern to an obstacle

Option C is correct as the issue is acting as an obstacle.

Option D is incorrect as the two phrases are not being related.

Option E is incorrect as the concern and obstacle are not correlated.

6 0

3 years ago

When you listen carefully to directions you are given, it saves time for _________.

Juli2301 [7.4K]

Answer is C , when you actually listen to the person it saves to,e for them because they don't really have to go over it again ; and for you , you don't have to sit there confused or have to ask for more help . Good luck <3

5 0

3 years ago

Read 2 more answers

22) BS Company is considering eliminating the following product line: Product AXP Sales $ 80,000 Less variable costs: Raw materi

Naily [24]

Answer:

Avoidable costs= $60,000

Explanation:

Giving the following formula:

Raw materials 50,000

Direct labor 10,000

Facility-level costs allocated to products 30,000

<u>We were not provided with information regarding the fixed allocated costs. If none of the fixed allocated costs are avoidable, only the variable cost will not be incurred if the product is eliminated.</u>

Avoidable costs= $60,000

8 0

3 years ago

Truth in Lending Disclosure is ______.