Answer:
Effect on income= $140 decrease
Explanation:
Giving the following formula:
Production costs:
Direct material= 10
Direct labor= 1.2
Variable overhead= $1.5
Selling price= $12
Number of units= 200
<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs. </u>
Effect on income= Units sold*unitary contribution margin
Effect on income= 200*(12 - 10 - 1.2 - 1.5)
Effect on income= $140 decrease
The correct answer is flex time.
Wayne is working under a system of flex time. Flex time is a system of working a set number of hours with the starting and finishing times chosen within agreed limits by the employee.
Answer: A customer strategy
Explanation: In simple words, it refers to a strategy under which an organisation tries to understand the needs and wants of the customers more carefully with the objective of maximizing their utility satisfaction.
Under this strategy, organisation tries to increase the financial value of their product that the customer percieves after buying it.
Hence the correct option is E.
Answer:
B. Banks would make fewer loans
Explanation:
The discount rate is the interest rate that commercial banks pay to the Federal Reserve for loans received. Banks usually borrow to cater to their short-term cash-flow requirements. The discount rate is higher than the inter bank rate or the fed funds rate(the rate that banks charge each other for loans).
An increase in the discount rate causes the inter bank rate to rise (the Fed controls both rates). It means commercial banks are borrowing money from the Fed and each other at a higher interest rate. Consequently, commercial banks charge a higher interest rate for loans advanced to customers. An increase in interest rates at the banks discourages customers from borrowing.
Answer:
The combo box includes a drop-down menu
Explanation:
A combo box contains a text box field, so choices not on the list can be typed in. The exception is when the DropDownStyle property is set to DropDownList. In that case, the control will select an item if you type its first letter. In addition, combo boxes save space on a form
