Answer:
Excess supply as well as excess demand in market A
Explanation:
Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.
When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.
Answer:
Option "A" is the correct answer to the following statement.
Explanation:
In the modern era, everyone relates himself with surveys reports easily, If a speaker uses survey reports during his lectures every individual attracts numerical provided data. this will create a suitable environment for the speaker.
In an immediate environment, the speaker tries to attract individuals by providing them survey reports which authorized his opinion.
<span>A customer touch point for abacus airlines would be an item such as reservation desk.
A customer touch point is a point in the process where a consumer and the organization exchange information, finish providing the service, or handle transactions. At the reservation desk, the customer and the business are focusing on the business and service transactions. </span>
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Each ceiling fan has 20 separate parts.
The direct materials cost is $ 85
Each ceiling fan requires 3 hours of machine time to manufacture.
Activity (Allocation Base) - Predetermined Overhead Allocation Rate
Materials handling (Number of parts) - $0.04
Machining (Machine hours) - $7.8
Assembling (Number of parts) - $0.35
Packaging (Number of finished units) - $3
Total unitary cost= direct material + allocated overhead
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Total unitary cost= 85 + (0.04*20 + 7.8*3 + 0.35*20 + 3*1)= $119.2
Answer:
decrease
Explanation:
Break-even point is use to determine the minimum number of units a company needs to sell in order to fully cover the fixed costs. The formula for break-even point is ;
Break- even point = Fixed cost/ (Selling price - Variable cost)
When fixed cost(FC) is decreased while variable cost (VC) and selling price is kept at the same level, the numerator will be smaller making the break- even point to decrease.