Answer:
The flexible-budget variance for materials is $5,000 favorable.
Explanation:
In order to calculate the The flexible-budget variance for materials we have to use the following formula:
Flexible budget variance for materials = Budgeted material cost for actual production - Actual material cost
= (2,500*$97) - (2,500*$95)
= $242,500-$237,500
= $5,000
Hence, The flexible-budget variance for materials is $5,000 favorable.
<u>Marketing channels</u> <span>are sets of interdependent organizations participating in the process of making a product or service available for use or consumption. These organizations are crucial when it comes to products, given that they mediate between the producer and the consumer. They distribute these products to the end-user, or the consumer, so that they can buy these products and use them later on.</span>
Answer: Demand is Unit - Elastic over this price range.
Explanation:
When total revenue remains the same over various price level then the demand curve is unitary elastic.
Unit-Elastic demand - It depicts a demand curve which is perfectly responsiveness to changes in cost. That is, the amount of demand changes as indicated by a similar percentage changes in prices.
A demand curve with an elasticity of 1 is called as unitary elasticity of demand.
Hello there!
I am not 100% sure with this one but I would go with B
Damages to the rental car.
Out of all the options, B sounds better.
I really hope this helps!
Fourteen Months. So, a year and two months.
This was a challenging question if you don't have a calculator (which I didn't use)
