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3 years ago

Looking at the relationship between elasticity and total revenue, we can say that

Business

1 answer:

pishuonlain [190]3 years ago

8 0

Looking at the relationship between elasticity and total revenue, we can say that the option that is right to chose is

e. None of the above

Explanation:

Relationship between elasticity of the product revenue and the good price is so that there are a lot of variables to determine its effect on the total revenue of that said product.

This can be the demand supply change as well as the demand cost and the production cost of the production that must be taken into account before we begin to find a relation between their elasticity.

This makes them more vulnerable to change and thus leaves little chance to determine a relation,

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Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st

olga2289 [7]

Answer:

Cost of goods sold is $9,620

Explanation:

First step prepare the Cost of Goods Manufactured Account

Direct materials $ 9,100

Direct labor $ 2,800

Manufacturing overhead applied $ 4,800

Total Manufacturing Costs $16,700

Add Opening Work In Process $ 5,800

Less Closing Work In Process $ 0

Cost of Goods Manufactured $22,500

Next we need to calculate the cost of goods sold as follows :

Opening Finished Goods Inventory $0

Add Cost of Goods Manufactured $22,500

Less Closing Finished Goods Inventory ($12,500)

Cost of goods sold $10,000

Less Over-applied Overheads ($380)

Adjusted Cost of goods sold $9,620

Finished Goods Inventory = $22,500 × 100/180

= $12,500

Thus Cost of goods sold is $9,620

4 0

3 years ago

Non-typical business problems with causes and effects that are rapidly changing are typically handled by which type of informati

DanielleElmas [232]

Answer:

DSS.

Explanation:

3 0

3 years ago

Which of the following best represents the misallocation of resources that would occur under a price ceiling on bottled water fo

solong [7]

Answer:

A family in a distant state gives bottled water to its dog, but a family in the hurricane area cannot find bottled water to drink.

Explanation: Hurricane is a natural phenomenon which occurs as a result of violent storms developing and accumulating in a given area, Hurricane can be very devastating destroying lives and properties. the most misallocation of resource considering the options is when a dog in A family in a distant state gives takes bottled water, but a family in the hurricane area cannot find bottled water to drink.

3 0

3 years ago

DUE TODAY PLEASE HELP T^T

Sindrei [870]

Answer:

TRUE TRUE TRUE

Explanation:

:) :) :) :) :) :)

5 0

2 years ago

Read 2 more answers

During step 3 of activity-based costing, activity overhead cost pool rates are used to assign overhead costs to final cost objec

Tom [10]

Answer:

Proper determination of activity rates depends on the following :

A. Proper determination of factor which drive cost

B. Proper measurement of activities

Explanation:

Predetermined Activity Rates = Overhead Cost / Total Cost Driver units

Thus it is important to measure correctly the overheads incurred for each Activity that exist that accumulated overheads.

It is also important to determine correct cost drivers for those overheads identified to absorb costs correctly into outputs.

8 0

3 years ago