Answer:
c. $3,379
Explanation:
<em>Calculate the Product Costs first as follows:</em>
Direct Materials :
Milling $ 450
Customizing $ 190
Direct Labor :
Milling $ 580
Customizing $ 570
Variable Overheads :
Variable manufacturing overhead : Milling ($ 1.30
×70) $ 91
Variable manufacturing overhead : Customizing ($ 5.00×60) $300
Fixed Overheads :
Milling ( $ 153,400/ 26,000 × 70) $413
Customizing ( $ 18,500/5,000 × 60) $222
Total Cost $2,816
<em>To find Selling Price add a 20% Mark -up on Cost</em>
Total Cost $2,816.00
Add Mark-up 20% $563.20
Selling Price $3,379.20
Answer:
B. 1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks
Explanation:
Both Karena and Nathan are counted as unemployed according to the U.S labor force statistics.
Unemployment refers to the inability of a willing and able Individual who falls in the labor force category of a country to get a suitable job.
The labor force age group of countries differ from each other but it is usually between the age of 18-65 years.
Unemployment is a situation in which a person who is willing to work coupled and has ability(phycal, emotional) to work does not get a job.
There are different types of unemployment which includes:
1. Structural unemployment
2. Cyclical unemployment
3. Seasonal unemployment
4. Frictional unemployment
5. Underemployment
Answer:
0.60
Explanation:
The midpoint formula is used to calculate elasticity by using average percentage in both price and quantity.
The formula is given below:
Percentage change in quantity =<u> (Q2 -Q1) </u> x 100
(Q2 + Q1) / 2
Percentage change in price = <u> (P2 -P1) </u> x 100
(P2 + P1) / 2
Elasticity =<u> Percentage change in price__</u>
Percentage change in quantity
Inserting the data:
Percentage change in quantity =<u> (30 -20) </u> x 100 = <u>10</u> x 100 = 40%
(30 + 20) /2 25
Percentage change in price = <u>($20 - $10)</u> x 100 = <u>10</u> x 100 = 66.6%
($20 + $10) /2 15
Elasticity of supply = <u>40%</u>
66.6%
= 0.60
The Coca-Cola Company sells its products to bottling and canning operations, distributers, fountain wholesalers and some fountain retailers. They then distribute them to retail outlets, corner stores, restaurants, petrol stations and many more.
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Answer:
B
Explanation:
the company is achieving its financial and strategic objectives and whether it is an above-average industry performer.