Answer:
4
Explanation:
Note: The complete question is attached as picture below
Degree of Operating Leverage = Contribution/Operating Income
Degree of Operating Leverage = $48000 / $12000
Degree of Operating Leverage = 4
So. X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be 4
Answer:
Inbound quality inspection department of supply chain management
Explanation:
Purchasing department create purchase order for any product from supply.
once the order shipment reaches to plant, the quality of product is inspected whether product adheres to specification requested during purchase order creation. since product reaches to plant it is inbound logistic and hence inspection of those is termed as inbound logistic inspection.
Inbound logistic inspection is significant part of supply chain management.
There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world.
Answer:
From all indications,the two rents received have been posted wrongly, I want to believe that you are required to post the adjusting entries,hence my answer below:
The first $9000 was posted to deferred revenue,whereas only two months should have been
First rent:
DR Deferred revenue $3000
CR Revenue $3000
Second Rent
DR Revenue $6000
CR Deferred revenue $6000
Explanation:
The first $9000 was posted to deferred revenue,whereas only two months should have been deferred and December rent recognized as rent.
As far as the second rent is concerned only one month has been earned,as a result the revenue should be credited with just $3000 for December.
This then mean that revenue from the second property has been overstated in December by $6000,this necessitated by adjustment above.
Answer:
-2
Explanation:
To solve this question we can use Lerner's equation or Lerner's index which gives the relationship between elasticity of demand and profit maximizing cost and marginal cost:

Replacing 
Then we get that the elasticity of demand is 