Answer:
April ending inventory cost= $121,875
Explanation:
As per the data given in the question,
Unit production cost Absorption cost Variable cost
Direct material $15 $15
Direct labor 10 10
Variable factory overhead 7.5 7.5
Fixed factory overhead 5
Total cost $37.5 $32.5
Finished goods inventory = 12,500 - 8,750 = 3,750
Finished goods inventory cost using absorption costing = 3,750 × $37.50
= $140,625
Finished goods inventory cost using variable costing = 3,750 × $32.50
= $121,875
Answer:
The correct answer is letter "D": National Credit Union Administration (NCUA).
Explanation:
The National Credit Union Administration or NCUA supervises the operations of federal credit unions across the United States of America. The main duty of the organization is to manage the <em>National Credit Union Share Insurance Fund</em> (<em>NCUSIF</em>) which insures the deposits of the federal credit unions in front of different issues that can take place.
Answer:
The correct answer is letter "A": relatively elastic.
Explanation:
Elasticity is the characteristic certain goods and services have of experiencing changes in quantity demanded as the prices change. Price elasticity of demand is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than 1, the demand is elastic.
Demand is relatively elastic when small changes in prices cause large changes in quantity demanded. This happens when the goods or services in reference have many substitutes and the cost of switching providers is low.
Thus, <em>if a 1% change in the price of a given product changes its quantity demanded by more than 1%, the product is relatively elastic.</em>
The answer in this question is $135,000.Solution to get the answer is For X the company earns $24/3 = $8/MH; for Y the company earns $18/2 = $9/MH; hence, the company would want to specialize in producing Y. The company can make 15,000/2 = 7,500 units of Y, earning a total CM of 7,500 x $18 = $135,000. (This can also be calculated as $9 x 15,000.)
<span>The idea of policy making taking place in response to a predetermined set of rules is referred to as </span>discretionary policy. In Macroeconomics, this<span> is an economic </span>policy<span> based on the ad hoc judgment of policymakers as opposed to </span>policy set<span> by </span>predetermined rules<span>. </span>
