Answer:
Predetermined overhead rate = $6.5 per hour
Explanation:
Predetermined overhead absorption rate is used to charged indirect costs (overheads) to production units
The Pre-determined overhead absorption rate =
Budgeted overhead/Budgeted machine hours
Estimated overhead
= 50,000+ 25,000+ 75,000 +125,000 + 25,000 +25,000
= $325
,000
Budgeted machine hours = 50,000
Predetermined overhead rate = $325
,000/50,000 hours
= $6.5 per hour
Answer:
-0.136 and $528
Explanation:
Given that
p = 50 - 0.5Q
where,
Q = 88
So, p equals to
= 50 - 0.5 × 88
= 50 - 44
= $6
As it is mentioned that
p = 50 - 0.5Q
0.5Q = 50 - p
Q = 100 - 2p
And we know that
Price elasticity of demand is
= Percentage Change in quantity demanded ÷ Percentage Change in price
So,
= -2 × (6 ÷ 88)
= -0.136
And, the revenue is
= Price × Quantity
= $6 × 88
= $528
Answer:
The correct answer is C.) how well a brand is recognized by potential customers.
Explanation:
Answer: The overriding aim in building a management team should be to replace weak executives who lack strong skills in closely supervising the people who work under them
Explanation: The success of an organization is dependent on several factors including the presence of strategic and result oriented executive within its workforce. This is a vital and important aspect of building and organization capable of withstanding the competirmtuve nature of the market. Being strategic requires smartness, knowledge, experience, expertise and skills in other to make proactive suggestions required to execute groundbreaking projects.
Hence, based on the options provided above, the aim of strategic execution should not be focused on replacing executives who are perceived as being weak.
