Answer:
The demand that Le Jouet faces for toy trains in France is less elastic than in Russia.
Explanation:
This is the statement that best describes the panorama that Le Jouet faces in France. When comparing the markets of France and Russia, we learn that the demand for toy trains in France is less elastic than the demand in Russia. Price elasticity refers to a measure of responsiveness of consumers. This measures how responsive consumers are to a price change.
Answer:
Operating income will decrease.
Explanation:
The company's operating income is dependent on the production lines and in the short run the company might be cutting its expenses and losses by shutting down the production line but cutting a part of the company which can produce revenue is never a solution rather the company checks how they can cut down their expenses as they have unavoidable fixed expenses by this action it will seem that they will cut $21000 rental expense only and how much revenue will they will actually loose? a lot.
The company can even adjust on the space they rent or move t a cheaper cost and also work on the expenses that are unavoidable to decrease them and maximize on getting more revenue.
Answer:
Using the straight-line method, the book value at December 31, 2018 would be: A.$53,760.
Explanation:
Year 1 Year 2 Year 3 Year 4 Year 5
Cost 67200 53.760 40.320 26.880 13.440
Dep-Acu 13.440 13.440 13.440 13.440 13.440
Book Value 53.760 40.320 26.880 13.440 0
Answer:
The equivalent units produced is 7320
Explanation:
To get the units produced in this period we ignore the beginning inventory, we just add new transferred out +ending inventory
- 7,000 units were transferred out
- Al the end , we have 800 at 40%= 320
Adding the 3 items
UP=7000+320=7320
Answer:
D = $28,480
Explanation:
Variable factory overhead = $1.2 * 7900 units = $9480
Budgeted fixed factory overhead = $19000
Total budgeted overhead = $9480 + $19000
= $28,480
