Answer:
D) is 20% above expectations.
Explanation:
The Augusta Division was supposed to earn a net profit of $1,000,000 (= $2,000,000 - $1,000,000). Since the division's manager and his/her team were able to cut reduce fixed costs to $900,000 and increase contribution margin to $2,100,000 (either by increasing selling price or reducing variable costs), then the division earned a net profit of $1,200,000 (= $2,100,000 - $900,000). This net profit is 20% higher than expected, therefore the manager's (and his/her team's) overall performance was 20% above expectations.
Answer:
D. the demand for Nike running shoes is less elastic than the demand for shoes.
Explanation:
In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes
So, the option d is correct
Answer: Assembly Department
Explanation:
Missing part of question is attached below.
Cutting Department
Under the direct method, the Cutting Department is allocated $62,000 of the Janitorial cost and $126,750 of the Cafeteria cost for a total of:
= 62,000 + 126,750
= $188,750
Assembly department
Allocated $248,000 of the Janitorial cost and $42,450 of Cafeteria:
= 248,000 + 42,450
= $290,450
<em>Assembly Department is therefore the department that is allocated the most support department costs under the direct method. </em>
Answer:
The company was rated 5 stars more by Men
Explanation:
Given that
General population = 67/350
Men = 40/175
In checking the percentage ratio, we have
a. General population
= (67/350) × 100
= 19.14%
b. Men population
= (40/175) × 100
= 22.85%
Thus, seeing that 22.85% > 19.14%, therefore, company was rated 5 stars more among the men population.
US commerce in goods and services that are now being produced is outlined in the balance of payments statement's current account section.
<h3>What does a favorable or unfavorable trade balance mean?</h3>
A surplus in trade is shown by a positive trade balance, while a deficit in trade is indicated by a negative trade balance. The BOT is crucial in figuring out a nation's current account. The following equation can be used to determine the trade balance: The value of goods and services sold to customers in other nations is known as the value of exports.
<h3>The balance of payments categorizes transactions into which accounts?</h3>
Transactions are split between the current account and the capital account in the balance of payments. When a distinct, typically very modest capital account is reported separately, the capital account is occasionally referred to as the financial account. Transactions in commodities and services are included in the current account.
<h3>What is the current trade balance?</h3>
For a country, the trade balance includes both exports and imports. This element makes up the majority of the current account, which is also the balance of payments' biggest component. Trade deficits are beneficial for emerging countries even if the majority of countries want to avoid them.
Learn more about balance of trade:
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