Answer:
d. $73,500
Explanation:
The computation of the estimated total manufacturing overhead for the customizing department is shown below:
= Total fixed manufacturing overhead cost + Variable manufacturing overhead cost
where,
the variable manufacturing overhead cost = Customized Direct labor-hours × Variable manufacturing overhead per direct labor-hour
= 7,000 units × $5
= $35,000
And, the Total fixed manufacturing overhead cost is $38,500
Now put these values to the above formula
So, the answer would be equal to
= $38,500 + ($7,000 hours × $5 per hour)
= $38,500 + $35,000
= $73,500
Answer:
Nominal rate of return= 0.0596 = 5.96%
Explanation:
Giving the following information:
Inflation averaged 3.46%
The real rate of return was 2.5%
<u>To calculate the nominal rate of return, we need to use the following formula:</u>
Real rate of return= nominal rate of return - inflation rate
Nominal rate of return= real rate of retunr + infaltion rate
Nominal rate of return= 0.0346 + 0.025
Nominal rate of return= 0.0596 = 5.96%
<u>Solution</u>: The correct answer is option D
<u>Explanation</u>:
The following formula is applied for calculating elasticity of demand:
![\mathrm{e}=\left[\left(\mathrm{Q}_{2}-\mathrm{Q}_{1}\right) /\left\{\left(\mathrm{Q}_{1}+\mathrm{Q}_{2}\right) / 2\right\}\right] /\left[\left(\mathrm{P}_{2}-\mathrm{P}_{1}\right) /\left\{\left(\mathrm{P}_{1}+\mathrm{P}_{2}\right) / 2\right\}\right]](https://tex.z-dn.net/?f=%5Cmathrm%7Be%7D%3D%5Cleft%5B%5Cleft%28%5Cmathrm%7BQ%7D_%7B2%7D-%5Cmathrm%7BQ%7D_%7B1%7D%5Cright%29%20%2F%5Cleft%5C%7B%5Cleft%28%5Cmathrm%7BQ%7D_%7B1%7D%2B%5Cmathrm%7BQ%7D_%7B2%7D%5Cright%29%20%2F%202%5Cright%5C%7D%5Cright%5D%20%2F%5Cleft%5B%5Cleft%28%5Cmathrm%7BP%7D_%7B2%7D-%5Cmathrm%7BP%7D_%7B1%7D%5Cright%29%20%2F%5Cleft%5C%7B%5Cleft%28%5Cmathrm%7BP%7D_%7B1%7D%2B%5Cmathrm%7BP%7D_%7B2%7D%5Cright%29%20%2F%202%5Cright%5C%7D%5Cright%5D)
Here, Q2 = 2 million
Q1 = 4 million
P2 = $3
P1 = $2
![\begin{array}{l}\mathrm{e}=[(2-4) /\{(4+2) / 2\}] /[(\$ 3-\$ 2) /\{(\$ 2+\$ 3) / 2\}] \\\mathrm{e}=[(-2) / 3] /[1 / 2.50]\end{array}](https://tex.z-dn.net/?f=%5Cbegin%7Barray%7D%7Bl%7D%5Cmathrm%7Be%7D%3D%5B%282-4%29%20%2F%5C%7B%284%2B2%29%20%2F%202%5C%7D%5D%20%2F%5B%28%5C%24%203-%5C%24%202%29%20%2F%5C%7B%28%5C%24%202%2B%5C%24%203%29%20%2F%202%5C%7D%5D%20%5C%5C%5Cmathrm%7Be%7D%3D%5B%28-2%29%20%2F%203%5D%20%2F%5B1%20%2F%202.50%5D%5Cend%7Barray%7D)
e = - 1.67
Thus, the absolute value is 1.67.
The ginger ale is price elastic because the absolute value is higher than 1. An increase in price will decrease its total revenue.
Thus, the following statement is true: (d) The demand for ginger ale is price elastic, so an increase in the price of ginger ale will decrease the total revenue of ginger ale producers.
I'm pretty sure it's 76 because 40% has to be turned into a decimal which is 0.4 and then you multiply that by 190 and you get 76
Answer:
c.Go Green and Save Greenbacks!
Explanation:
This heading is short and straight to the point. It innovatively uses phrases like "Go green" (to urge people to be involved in sustainability efforts), and "save greenbacks" (to save money).
So this heading conveys that when you go into environmentally friendly practices you spend less. Saving the environment in a cost-efficient way.
