Answer:
$97,920
Explanation:
Budgeted direct material cost per unit $ 12.8
Actual level of activity 7,650
Direct material in the flexible budget $ 97,920
Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear increases.
If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.
Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.
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The answer is "<span>Refer to Fact Pattern 16-1. Between Grain and Hearty, there is a</span><span> written contract".
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An agreement is a verbal or written consent to do work in return for some advantage, for the most part an payment. A written contract is an agreement made on a printed record that has been marked by both the moneylender and the borrower. Composed contracts are lawfully official and less demanding to implement than oral contracts.
Answer:
$86.13
Explanation:
The computation of the current share price is shown below:
Given that
Dividend just Paid (D0) is $3.10
and Required Return (R ) 13%
Now
Dividend Paid in 1st year = $3.10 (1.25) = $3.875
Dividend Paid in 2ndyear = $3.875 (1.25) = $4.844
Dividend Paid in3rd year = $4.844 (1.25) = $6.055
Dividend Paid in 4th year = $6.055 (1.07) = $6.47
Now
Stock Price in 3rd year (P3) = D4 ÷ (R - g)
= $6.47 ÷ (0.13- 0.07)
= $107.83
Now the Current Share Price(P0) is
Current Share Price (P0) = $3.875 ÷ (1.13) + $4.844 ÷ (1.13)^2 + $6.055 ÷ (1.13)^3 + $107.83 ÷ (1.13)^3
= $3.42 +$3.79 + $4.19 + $74.73
= $86.13
Answer:[email protected]$65=$650
[email protected]$65=$975
...... Total =. 1625
Explanation:
Since the stock records are kept on periodic base that's at irregular interval on LIFO it's assumed that the. closing stock of inventory will be the opening stock since purchases were made during the year for production.
