Budgeted direct materials quantity
4000 pounds
Actual direct materials quantity
4500 pounds
Direct materials quantity variance
4500-4000=500 pounds ( underapplied)
There are different aspects of demand curves. The answers is below;
- A cure for lung cancer is found: The demand curve, in this scenario, will shift to the right along as the cure for lung cancer is found which will also increase or move right.
- The price of cigars will also increases and the demand increases while the curve moves to the right
- Wages will also increase in states that grow tobacco, while the supply will decreases and the curve will moves left.
- A fertilizer that increases the yield per acre of tobacco is discovered, this will make supply increases and the curve moves to the right.
- There is a sharp increase in price of matches, lighters, and lighter fluid, This will make the demand decreases and the curve to go left.
- More states pass laws restricting smoking in restaurants and public places, this will make demand decreases and the curve to go left.
<h3 /><h3>Demand curve
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The demand curve is known as a curve that helps to give all the possible combinations of the price and quantity demanded of a product or service at a given time and in a graphically manner.
Learn more about curve from
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Answer:
Working Capital= $203,000
Current ratio= 1.7603
Explanation:
Working capital is the liquid assets that are available to a business for the day-to-day operations. It is calculated by getting the difference between current assets and current liability.
Current asset= $470,000
Current liabilities= $267,000
Working capital = Current Assets - Current Liabilities
Working Capital= 470,000-267,000
Working Capital= $203,000
Current ratio is a liquidity ratio that measures a business's ability to pay it's short term liabilities.
Current ratio= Current Assets/ Current Liabilities
Current ratio= 470,000/ 267,000
Current ratio= 1.7603
To: All employees
From: Nicole Jackson, Sr. Hiring Manager
Date: February 28, 2018
Subject: Change in dress code policy
Please note the following change in the dress code policy, which will take effect immediately. We request that employees not wear flip-flops or sandals while at work.
The way our employees dress at work represents our company’s culture and work ethic. While our office is business casual, flip-flops and sandals are not appropriate business casual shoes. Clients and visitors may interpret wearing this footwear as unprofessional.
We request that you help the company project a professional image.