It is called A COST DRIVER. A cost driver refers to any factor that causes a change in the cost of an activity. Cost driver is used to assign overhead costs to the quantity of a particular goods that is manufactured. Example of a cost driver is direct labour hours input into a production operation.
Answer:We use the Large Function. the general formula is =LARGE(first cell:last cell,3) .Please refer to the explanation section for details
Explanation:
Let us assume
A 1 = $1,250, A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600
Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;
=LARGE(A1:A2,3)
Answer:
The registration fee for this used car is $45.60.
Explanation:
Since the sale price of the used car is $5,700, to calculate the registration fee, simply multiply the selling price by the registration rate of 0.8% (0.008):
F = 5,700 * 0.008
F= $45.60
The registration fee is $45.60.
Answer:
Closed shop
Explanation:
A closed shop involves an agreement where the employer only recruits Union members. The workers must remain Union members as long as they work with the employer.
Legality of closed shop varies from country to country.
I'm this instance, Atalanta Industries agrees to hire only those workers who were already members of the Electrical Union. This is a closed shop situation.
Closed shop was declared illegal by the Taft-Hartley act in 1947.
Answer:
an increase in the price of natural gas will increase demand for his electrical heating systems
Explanation:
In this question, electrical heat pumps and natural gas are substitutes
Substitute goods are goods that can be used in place of another good.
if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
If the price of natural gas increases, the quantity demanded of natural gas would reduce in line with the law of demand. According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded
As a result of the increase in price of natural gas, consumers would increase their demand for electric heat pump and there would be an increase in demand for the good
