Answer:
$19,648
Explanation:
The computation of the ending work in process after considering the allocation of any under applied or over applied is shown below:
But for that first we have to find out the percentage of allocated overhead which is given below:
= Work in process manufacturing overhead applied ÷ Total manufacturing overhead applied
= $5,830 ÷ $51,920
= 11%
And, the over applied manufacturing overhead is $4,200
So, its allocation is
= $4,200 × 11%
= $462
Now the ending work in process is
= $20,110 - $462
= $19,648
Answer:
Consumer surplus increases by $2
Explanation:
The consumer surplus can be defined as the benefit that consumers gain when they pay less for a good that they are willing to pay more for.
a). Determine the final demand as follows;
Price elasticity of demand=% change in price/% change in demand
where;
price elasticity of demand=-1
% change in price={(Final price-initial price)/initial price}×100
Final price=$24
initial price=$25
% change in price=(24-25)/25=(1/25)×100=-4%
% change in demand=x
replacing in the original expression;
-1=-4/x
x=4%
% change in quantity={final quantity-initial quantity/initial quantity}×100
let final quantity=y
4%={(y-100)/100}×100
0.04=(y-100)/100
4=y-100
y=4+100=104
final quantity=104 units
Consumer surplus=(1/2)×change in price×change in quantity
where;
change in price=25-24=1
change in quantity=104-100=4
Consumer surplus=(1/2)×1×4=2
Consumer surplus increases by $2
Checking account fit the description above. Checking account gives the owner unrestricted access to his account but have no or low interest rate.<span />
Answer:
The question is incomplete, it misses the option. The options are the following:
A. New-task
B. Straight rebuy
C. Modified rebuy
D. Contracted purchase
E. Limited modified buy
And the correct answer is the option A: New-task.
Explanation:
To begin with, in the field of business, the expresion of<em> ''new-task''</em> refers to the buying situation where the buyer purchases a product or a service for the very first time and therefore that he has no idea what to expect next accordingly to that new task because he has no information about it. Therefore that the buyer is looking for the help of Elizabeth in this case who represents a consultant that will help the buyer in this buying situation in order to try to make the best choice as possible.
Answer:
product owner
Explanation:
The Scrum method is a framework for developing, delivering, and sustaining complex products in many fields of including research, sales, marketing and advanced technologies as seen below. In this methodology, the individual responsible for the business value of the project and for deciding what work to do is the product owner. This individual is usually the project's key stakeholder which gives him the responsibility of providing the vision of what the product should ultimately be to the rest of the team..
