Answer:
$3.40 per kilogram
Explanation:
Calculation for the standard price per kilogram for the raw material
Using this formula
Standard price per kilogram=(Raw Material total cost +Materials price variance)/Raw material kilograms
Let plug in the formula
Standard price per kilogram=($21,920+$1,370)/6,850
Standard price per kilogram=$23,290/6,850
Standard price per kilogram=$3.40 per kilogram
Therefore the standard price per kilogram for the raw material will be $3.40
Answer:
average cost is increasing
Explanation:
Answer:
Maybe a thank you letter?
I’m not sure if its correct
Explanation:
The correct answer is: "I would recommend her not to increase the price, because with an elastic demand function this will cause a great decrease in the quantity demanded by consumers".
The demand function represents the quantity of a certain good or service that consumers are willing to purchase in the market at different price levels. The law of demand states that there is an inverse relationship between price and quantity demanded (ceteris paribus, hence, given that the rest remains equal). <u>Therefore, when the price charged decreases, the amount that consumers are willing to purchase increases. </u>
In turn, the elasticity of the demand function measures the sensitiveness of the quantity demanded by consumers when there is a certain price change. If the demand function is elastic it means that a price variation would generate an even larger variation (in the inverse direction of course!) in the quantity demanded. <u>This is the case of the lemonade stand therefore the girl should not increase prices because this will not help her to reach her objective quicke</u>r, as she would loss a greater proportion of units sold than the size of the price increase that would have allowed her to earn more per unit.
The SDLC process models achieves the above function is Incremental model. Thus, option (d) is correct.
<h3>What is risk?</h3>
Risk refers to the chance of happening something wrong. It involves the uncertainty about the after effects of the acts. For the businessman, risk is the reward for profit.
Incrementalism Model SDLC is a subset of a bigger system that divides a project into releases and then incrementally adds capability to each build.
This technique prioritizes the demands of the system, which are then achieved in groups.
Therefore, it can be concluded that option (d) is correct.
Learn more about risk here:
brainly.com/question/27754423
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Your question is incomplete, but most probably the full question was….
List of options:-
Select one:
a. Spiral Model
b. RAD model
c. Waterfall model
d. Incremental model
