If you are planning to place an ad in a local newspaper with a size of 5 inches long by 4 columns wide and the newspaper's rate per column inch is $18, the ad will cost $360.
Solution: <span>5 inches x 4 columns = 20
20 column inch x $18 = $360</span>
Answer:
0.2
0.8
40
2
2000
Explanation:
Marginal propensity to consume is the proportion of disposable income that is spent on consumption
Marginal propensity to consume = amount consumed / disposable income
Marginal propensity to save is the proportion of disposable income that is saved
Marginal propensity to save = amount saved / disposable income
MPC + MPS = 1
Answer:
Sales volume variance $26,250 Favorable
Explanation:
<em>The sales volume variance is calculated as the difference between the budgeted and the actual sales volume multiplied by he standard contribution per unit</em>
Units
Budgeted sales units 225,000
Actual sales units <u> 230,000</u>
Sales volume 5,000 favorable
Standard contribution(9-3.75) <u> × $5.25</u>
Sales volume variance <u> $ 26,250 </u>
Sales volume variance $26,250 Favorable
<em>Note standard contribution = standard selling price - standard variable cost</em>
The answer to this question is B
<span>Gaetano Vinaccia invented the six string guitar.</span>
