Answer:
d. $487,750
Explanation:
Cost of goods manufactured
<em>Consider only the manufacturing costs</em>
Cost of goods manufactured = $145,000 + $200,000 + $ 170,000 + ($5.75 x 25,000) - $171,000
= $487,750
Note : Only overheads applied $143,750 ($5.75 x 25,000) are added to cost of goods manufactured instead of actual overheads.
Conclusion
the amount of cost of goods manufactured is $487,750
Answer: 3.2
Explanation:
The price elasticity of demand shows the change in quantity demanded of a good in response to a change in its price.
Price elasticity of demand = Change in quantity demand / Change in price
0.4 = Change in quantity demanded / 8
Change in quantity demanded = 0.4 * 8
= 3.2
Answer:
(C) Brown could seek an injunction against Watkins, on the basis of nuisance
Explanation:
The bugs and pests from Watkins grass clipping pile are a menace to his neighbour Brown.
Brown has tried extermination but the source of the problem, which is still there, makes his efforts futile.
Brown now has the right to seek an injunction - a court order controlling or restricting a person's behaviour - against Watkins on the basis of nuisance.
Watkins should comply
Answer:
d. $40 F
Explanation:
Calculation to determine what The variable overhead efficiency variance for June is
First step is to calculate the SH
SH = 2,500 units × 0.4 hour per unit
SH= 1,000 hours
Now let calculate the Variable overhead efficiency variance
Using this formula
Variable overhead efficiency variance = (AH - SH) × SR
Let plug in the formula
Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour
Variable overhead efficiency variance= $40 F
Therefore Variable overhead efficiency variance is $40 F
Answer:
The correct answer is letter "B": It is used to monitor shopper behavior to assess a product's performance.
Explanation:
Simulated Test Marketing or STM is a simulation of a real market place to evaluate consumers' reactions to a product that is going to be introduced or that is already in the market but some sort of assessment is necessary to boost its sales. STM is useful to estimate demand and conduct a market analysis.