Answer:
$93,840
Explanation:
Calculation to determine how much is the total budgeted variable selling and administrative expenses for October
October Total budgeted variable selling and administrative expenses=
(0.6 + 1.2 + 0.3 + 0.35) x 7200 +6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=2.45x 7200 +6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=$17,640+6000 + 39,000 + 7,200 + 24,000
October Total budgeted variable selling and administrative expenses=$93,840
Therefore the total budgeted variable selling and administrative expenses for October is $93,840
Answer:
Laissez-faire
Explanation:
A non-authoritarian leadership style. Laissez faire leaders try to give the least possible guidance to subordinates, and try to achieve control through less obvious means. They believe that people excel when they are left alone to respond to their responsibilities and obligations in their own ways
Answer:
individualism
Explanation:
A post-conventional level of morality is most likely to be found in cultures that value individualism.
An example of post-conventional level of morality is the refusal to pay taxes or levies by an individual due to the fact that his/her conscience wouldn't let him/her support a tyrannical government or leadership.
Answer:
94% and 2934
Explanation:
The computation of the four-firm concentration ratio for this industry is
= (Total four firms market shares in an industry ) ÷ (Total firm market shares in an industry)
= (45% + 22% + 17% + 10%) ÷ (45% + 22% + 17% + 10% + 6%)
= 94% ÷ 100%
= 94%
Now the Herfindahl Index is the sum of square of all firm market share
= 45^2 + 22^2 + 17^2 + 10^2 + 6^2
= 2934
Answer:
The average cost per tractor is $236
Explanation:
The average cost is calculated by dividing the sum of variable costs and fixed costs by the quantity of units produced.
Average cost per unit = Total cost of production/Quantity of units produced
Plowin' Supply plans to make 15,000 tractors with fixed costs are $ 540,000 and variable costs are $200 per tractor.
Total variable costs = 15,000 x $200 = $3,000,000
Total cost = Total variable costs + Fixed costs = $3,000,000 + $540,000 = $3,540,000
Average cost per tractor = $3,540,000/15,000 = $236
