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3 years ago

As jamal's income rises, his demand for pizza does not change. it follows that, for jamal, pizza is a(n)

1 answer:

8 0

<span>The pizza is a neutral good. A neutral good is a good whose demand is not changed even though the income provided by the good is changed. A person's income can go either up or down, but their desire to buy more or less of Jamal's pizza will not change, so pizza sales will not go up or down. Demand and income are not tied to each other.</span>

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1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted d

melamori03 [73]

Answer:

a. $17.44 per hour

b. $43,600 ; $104,640

Explanation:

The computation is shown below:

a. Single plantwide overhead rate equals to

= Total Overhead Amount ÷ Budgeted Direct Labor Hours

where,

Total overhead amount is

= $625,000 + $900,000 + $105,000 + $175,000 + $300,000 + $75,000

= $2,180,000

And, the budgeted direct labor hours is 125,000

So, the overhead rate is

= $2,180,000 ÷ 125,000

= $17.44 per hour

2. Now the overhead cost is

For Deluxe model

= 2,500 direct labor hours × $17.44 per hour

= $43,600

For basic model

= 6,000 direct labor hours × $17.44 per hour

= $104,640

7 0

2 years ago

What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?

Pavel [41]

The major factor that contributes to the decline of occupations in industries such as textile and clothing is due to the change of technology. Through the technological advancement, innovators are able to machines that work twice as fast as human beings.

7 0

3 years ago

Read 2 more answers

Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern

ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

The United Kingdom employment equality law is an organization of law that legislates against prejudice-based activities in the workplace.

The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

5 0

2 years ago

Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet. Refer to the lists of

uysha [10]

Answer:

Explanation:

Stockholder's Equity

Paid in Capital:

Common Stock $48,000,000

Paid in Capital in excess of Par - Common Stock $6,400,000

Paid in Capital from sale of Treasury Stock $4,500,000

[58,900,000]

Total Paid in Capital $58,900,000

Retained earnings $63,680,000

Total Paid in Capital & Retained Earnings $122,580,000

Deduct: Treasury Stock $5,200,000

Total Stockholder's Equity $117,380,000

7 0

3 years ago

Luke was interested in developing a communication budget for the holistic vitamin shop he will be opening in 30 days. He is plan

PolarNik [594]

Answer:

Objective-and-task method.

Explanation:

With the available information, objective-and-task method would be best for Luke to pursue to develop his communication program. Objective and task method is a marketing strategy that focuses on allocating an amount of money for its marketing or advertisement budget based on peculiarities and set objectives, instead of choosing an arbitrary amount of money.

The objective-and-task method is the most logical budget method, as an organization sets its promotional budget on what it wishes to achieve specifically, meaning it's goal oriented and not based on sales revenues.

7 0

2 years ago