Having enough on that credit
Answer:
$6,400
Explanation:
Re-write the Question for Easier Understanding
Purchasing Maintenance Fabrication Assembly
$32,000 $18,0000 $96,000 $62,0000
(No of Purchase Orders) 16 4
(Sq Foot of Space) 3,300 2,700
Find:
Amount of Purchasing Department Expense to be allocated to Assembly.
- The Question clearly states that Purchasing Department's expenses are allocaated based on the Operating Department's Purchase Order
- Since total Purchase Order is 20 and Assembly's purchase order is 4
- Assembly's allocation of Purchasing Expense= Assembly's Purchase Order/ Total Purchase Order × Purchase Department Expense
=Total Purchase Order= Fabrication (16) + Assembly (4)= 20
=Purchase Order for Assemby= 4
=Purchasing Department Expense= $32,000
- =(4/20)× $32,000
- =0.2 × $32,000
- = $6,400
Answer:
d) Application
Explanation:
Critical thinking can be defined as the ability of an individual to establish clear and reflective thinking on any subject, whose focus is on making their own decisions and finding out what they want to believe in, rather than just accepting what they see or it is heard as an absolute truth.
Therefore, the most appropriate alternative to this question, about what is the level of critical thinking achieved when you can remember
something you know about a subject, is the application level.
Applying information occurs when a person makes use of information previously learned and understood, therefore the application of information on a new subject, helps in transferring solutions from one problem to solving another problem.
Answer:
Paul = $616.44
Amy = $1883.56
Explanation:
Given
Full Amount = $2,500
There are 90 days between January 1, 2018 and April.
Calculating the amount generated by Paul;
Paul = $2,500 * 90/365
Paul = $616.4383561643835
Paul = $616.44 ---- Approximated
There are (365-90)days left after April 2, 2018 till December 31, 2018
Calculating Amount Generated by Amy
Amy = $2,500 * (365-90)/365
Amy = $2,500 * 275/365
Amy = $1883.561643835616
Amy = $1883.56 --- Approximated
That is the total allowable deduction for Paul and Amy
Answer:
Gasoline consumption will decrease by a small amount.
Explanation:
A coefficient of elasticity of less than one indicates that demand is inelastic.
Inelastic demand means that there's little or no change in quantity demanded when there's a change in the price of a product.
Quantity demanded has little or no sensitivity to changes in price.
If the coefficient of elasticity is greater than one, demand is elastic.
Elastic demand is when a small change in price has a greater effect on the quantity demanded.
If the coefficient of elasticity were equal to one, it means that demand is unit elastic.
Unit elastic demand means a change in price leads to the same proportional change on quantity demanded.
I hope my answer helps you
