Scientific endeavors only come from the desire to meet societal needs

The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase

umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. The best option is the one with the higher sales revenue.

Sales revenue= selling price * number of units

Current:

Sales revenue= 5.5*2,200= $12,100

Proposal:

Sales revenue= 7.5*1,800= $13,500

It is more profitable to raise the selling price by $2.

7 0

3 years ago

David��s salary totals $79,000 per year. he can expect to pay federal income tax at a rate of 23.60%. how much money will david

Slav-nsk [51]

C. $18,644 is the correst answer. Hope this helped

8 0

3 years ago

Read 2 more answers

Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 29.20 Total

Umnica [9.8K]

Answer:

std rate $30.64
efficiency variance $6,128.00

Explanation:

We will work the rate variance to obtain the standard rate:

$(standard\:rate-actual\:rate) \times actual \: hours DL \: rate \: variance$

actual rate $29.20

actual hours 11,700

difference $1.44

rate variance $16,800.00

$(standard\:rate-29.2) \times 11,700 = 16,700$

$(standard\:rate= 16,700 \div 11,700 +29.2$

std rate $30.64

Now we can solve for the labor efficiency variance:

$(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance$

std hours 11700

actual hours 11500

std rate $30.64

difference 200

efficiency variance $6,128.00

The diference is positive, sothe variance is favorable.

4 0

3 years ago

If the expected sales volume for the current period is 7,000 units, the desired ending inventory is 400 units, and the beginning

Ksivusya [100]

Answer:

7,000 units

Explanation:

Calculation for the number of units set forth in the production budget, representing total production for the current period

Using this formula

Number of units =Current period +Ending inventory - Beginning inventory

Where,

Current period =7,000 units

Ending inventory=400 units

Beginning inventory =400 units

Let make plug in the formula above

Number of units =7,000 units + 400 units-400 units

Number of units =7,000 units

Therefore the Number of units will be 7,000 units

5 0

3 years ago

When the value of investment A changes more and faster than the value of investments B and C, investment A has a higher _____.

Talja [164]

I think the most appropriate answer would be D. As other answers has nothing to do with this question.

I hope it helped you!

4 0

3 years ago