Answer:
The answers are:
- a demand curve
- a demand schedule
Explanation:
A demand curve is a graph showing the relationship between the price of a product, e.g. TV, on the y axis, and the quantity demanded for that product at a certain price (on the x axis). It models the price-quantity demanded for a particular market.
A demand schedule illustrates the same price-quantity demanded relationship for a product as a demand curve, only that it is presented as a table chart instead of a graphic curve.
Answer:
So, accounting rate of return = 33 %
Explanation:
given data
net income after tax = $179,850
initial cost = $545,000
time = 7 year
salvage value = $34,000
we will get here the accounting rate of return
solution
as we know that accounting rate of return is express as
accounting rate of return = Net income ÷ initial investment .................1
put here value and we get
accounting rate of return = 
So, accounting rate of return = 33 %
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
Answer:
c)
Explanation:
Administrative law is the body of law that controls all of the activities as well as the administrative agencies of a specific government. Administrative law includes the rules, orders, and decisions of the Federal Trade Commission. This branch of public law can also enforce certain regulatory agenda that has already been made.
Answer:
$34,000 Units
Step by Step Explanation:
Direct Material Quantity Variance
= SP x (AQ – SQ Allowed)
Therefore:
SQ allowed: $56,000 units x 4 lbs = $224,000 lbs.
Direct Material Quantity Variance: $8.50 x ($228,000 lbs – $224,000 lbs) = $34,000 Units
The direct material quality variance is $34,000 Units
