Answer:
The correct answer is (a)
Explanation:
In the United States, professionalism is the key and time is considered as an important factor. Maryanne is always late which means she needs to improve this habit because in the United States the attitude towards time is Folkway. Folkways are the traditions or norms that are followed by everyone in daily lives they are known as social norms.
Answer:
-1.25
Explanation:
Given that
Q1 of tomatoes = 3
Q2 of tomatoes = 5
P1 = 1.50
P2 = 1
Using midpoint formula
Recall that
Midpoint = [(Q2 - Q1)/(Q2 + Q1/2)] ÷ [(P2 - P1)/(P2 + P1/2)]
Thus
(5 - 3)/(5+3/2) ÷ (1 - 1.5)/(1 + 1.5/2)
= 2/4 ÷ -0.5/1.25
= 0.5 ÷ -0.4
= - 1.25
The cross price elasticity of demand is -1.25 and they are thus compliments.
The break-even point of Warner Company is 3,500 units.
Here, we are going to calculate the break-even point of Warner Company.
Product Product Mix Contribution margin Weighted Average unit
[1] per unit[2} contribution margin[1*2]
A 40% $8 $3.2
B 60% $4 <u>$2.4</u>
Total <u>$5,6</u>
- Formula for Break Even point is <em>Fixed cost / Weighted average unit contribution margin</em>
Break-even point = $196,000 / $5,6
Break-even point = 3,500 units
Therefore, the break-even point of Warner Company is 3,500 units.
See similar solution here
<em>brainly.com/question/15308013</em>
Answer:
1. $8.25
2. $313,500
Explanation:
Given that,
Variable overhead cost per direct labor-hour = $2.00
Total fixed overhead cost per year = $250,000
Budgeted standard direct labor-hours (denominator level of activity) = 40,000
Actual direct labor-hours = 39,000
Standard direct labor-hours allowed for the actual output = 38,000
1. Total overhead cost at denominator level of activity:
= Total fixed overhead + Total variable overhead
= $250,000 + (40,000 × $2.00
)
= $250,000 + $80,000
= $330,000
Predetermined overhead rate:
= Total overhead cost at denominator level of activity ÷ Budgeted standard direct labor-hours
= $330,000 ÷ 40,000
= $8.25
2. Overhead applied:
= Standard direct labor-hours allowed for the actual output × Predetermined overhead rate
= 38,000 × $8.25
= $313,500
Answer:
Annual depreciation= $16,020
Explanation:
Giving the following information:
Purchase price= $174,500
Salvage value= $14,300
Useful life= 10 years
T<u>o calculate the depreciable base, we need to use the following formula:</u>
<u></u>
Depreciable base= purchase price - salvage value
Depreciable base= 174,500 - 14,300
Depreciable base= $160,200
N<u>ow, we can determine the annual depreciation:</u>
Annual depreciation= depreciable base /estimated life (years)
Annual depreciation= 160,200 / 10
Annual depreciation= $16,020
