It's email on apex just got it right
Answer:
Option (D) is correct.
Explanation:
Unit product cost:
= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $10 + $25 + $15 + $20
= $70
Operating income using absorption costing:
= (500 units × $100) - (500 units × $70) - (500 units × $5) - $7,500
= $50,000 - $35,000 - $2,500 - $7,500
= $5,000
Answer: b) need for power.
Explanation:
Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.
To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.
Answer:
$0.35
Explanation:
The computation of the price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
So, Change in quantity demanded would be
= Q2 - Q1
= 40 - 30
= 10
Now, Average of quantity demanded
= (40 + 30) ÷ 2
= 35
Change in price
= P2 - P1
= $35 - $15
= $20
And, the average of price would be
= ($35 + $15) ÷ 2
= $25
Cross price elasticity of demand = (10 ÷ 35) ÷ ($20 ÷ $25)
= 0.28 ÷ $0.8
= $0.35
