Answer:
a.$0.017.
Explanation:
Fulton and Sons, Inc. use high-low method to calculate costs. This is one of the methods to estimate cost. This method analyzes high level of activity and low level of activity and then compares it with cost at each level of activity. The variable cost per copy will be calculated by the formula given below,
The variable cost per copy = (High Cost - Low cost) / (High units - Low units)
= $470 - $420 / 13,000 - 10,000
= $50 / 3000
= $0.017 per copy.
Answer:
Equilibrium price = Decreases
Equilibrium quantity = Indeterminate
Explanation:
Here, we suppose that tea and coffee are substitute goods and we know that substitute goods have a positive cross price elasticity of demand.
So, if there is a fall in the price of tea then as a result the demand for coffee decreases which shifts the demand curve of coffee leftwards.
And, there is a fall in the price of coffee beans due to the better weather condition and coffee beans are used as an ingredient for producing coffee.
Hence, there is a fall in the cost of production of coffee which increases the supply of coffee and shifts the supply curve of coffee rightwards.
Therefore, there is a fall in the equilibrium price level of coffee and the effect of these shifts on the equilibrium quantity is indeterminate because that will be dependent upon the magnitude of the shifts of both the curves.
Answer:
$746.77
Explanation:
Calculation to Determine Hank's net pay for the week
Gross Pay $1320.00
Straight Time Pay 940.00
(40 × $23.50.)
Overtime pay 105.75
[ (43-40)× $23.50 ×1.5)]
Less Federal Income tax (198.00)
(15% × $1320.00)
Less OASDI and Medicare (100.98)
(7.65% × $1320.00)
Net Pay $746.77
Therefore Hank's net pay for the week will be $746.77
Answer:
<em><u>Customer Relationship Management.</u></em>
Explanation:
Customer relationship management is a strategic business tool that helps lower costs and increase revenue and build customer loyalty. It is a system whose focus is on customer experience optimization, it connects the entire team through one device, stores and manages current and potential customer information such as address, phone, email and all points of interaction with the company. Simplifies tasks for effective lead tracking, Provides instant recommendations. Customizes, and expands as your organization grows.
The benefits of the customer relationship management system are:
- the optimization of processes and manual efforts,
- the organization of contacts,
- the acceleration of sales,
- increased customer satisfaction,
- error correction,
- better customer service.
Managing customer interaction with the company is essential to strengthening the brand and creating a value relationship with the customer.
Answer:
Luis can be classified as actively engaged.
Explanation:
Members of an organization can be classified according to their level of engagement with the organization:
- Actively Disengaged
- Actively Engaged: employees that perform their work with passion and are emotionally attached to the organization.
- Not Engaged