Answer:
The total budgeted fixed selling and administrative expenses for February is $170,400. The answer is D.
The calculation is as follows:
a) Advertising - $50,100
b) Executive Salaries -$60,100
c) Depreciation - $20,100
d) Others - $40,100
Total = $170,400.
Explanation:
To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.
Fixed costs are costs which do not vary according to the level of production or activity.
Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.
Answer:
$1.40
Explanation:
Per cent change in price = ($2.02– $1.85)/$1.85 = +9%
Per cent change in demand = (1000 – 850)/1000 = –15%
The elasticity is = ln(1 + per cent change in quantity sold)/ln(1 + per cent change in price)
= ln(1 – 0.15)/ln(1 + 0.09)
= –0.16252/0.08618
= –1.886
Variable cost = $660/1000
Profit-maximising price = [–1.886/(–1.886+1)]*$0.66 = $1.40
The answer is: .Standardizing interview process to reduce bias and non-traditional credentials
To achieve diversity, it is important to know that not all people experience the same thing in life due to The difference in their background.
Because of this , it is important to set a standardized interview process so all candidates could prepare for the same thing and to include non-traditional credentials to cover the people that may experience more hardship than others (such as poor economic background, living in high crime rate area, etc)
<span>If the quantity demanded for a good rises as the price falls, then the curve representing this relationship will be: </span><span> impossible to determine.
even though the relationship between the quantity demanded and the nature of the price still correct, we need at least the some sort of illustration of the actual amount of quantity and the price to be able to draw the graph</span>