Answer:
6,000
Explanation:
Bellue incorporated manufactures a single product
The variable costing net operating income is $92,400
The inventory is 3100 units
The fixed manufacturing overhead cost is $1
Therefore the absorption cost can be calculated as follows
= 9200-1 x3200
= 9200- 3200
= 6000
Hence the absorption cos is $6,000
Answer:
B.
Explanation:
When the reasons are confidential, excessively complicated, or ir-relevant to the reader.
Answer:
11.25; 8.75
Explanation:
On weekends,
Inverse demand function: P = 20 – 0.001Q
On weekdays,
Inverse demand function: P = 15 – 0.002Q
Let quantity demanded tickets on weekend be Q1 and quantity demanded tickets on weekday be Q2,
Profit function:
= [(20 - 0.001Q1) × Q1] + [(15 - 0.002Q2) × Q2] - [25,000 + 2.5(Q1 + Q2)]
For maximizing profit, Differentiating profit w.r.t Q1 and Q2,
⇒ (20 - 0.002Q1) - 2.5 = 0
⇒ (15 - 0.004Q2) - 2.5 = 0
Hence, solving for Q1 and Q2, we get
Q1 = 8,750
Q2 = 3,125
Therefore,
Price during weekends: P = 20 - (0.001 × 8,750)
= 11.25
Price during weekdays: P = 15 - (0.002 × 3,125)
= 8.75
Answer:
Equilibrium quantity will increase but we cannot say for sure what will happen to equilibrium price.
Explanation:
Last statement is correct:
Whenever the supply and demand moves in the same direction that is if one increases other also increases or vice-versa.
Then, the quantity can be determined but the price cannot be determined.
As with decrease in the supply, the quantity supplied will be less, and since demand is also less, the quantity at equilibrium will also be less, and will be identified properly.
But as we discuss the price, it not only depends on the demand and supply, but would depend on consumer as well as producer behavior.
The consumer wants to buy at less price, but the producer will tend to sale it at a higher price, therefor, with this pressure which is inverse in nature, the degree or range of price can be identified but that the price cannot be determined, it might increase or decrease.
Answer:
<u>Technical</u><u> </u><u>profe</u><u>ssion </u><u>is</u><u> </u><u>a</u><u> </u><u>highly</u><u> </u><u>skill</u><u> </u><u>based</u><u> </u><u>profession</u><u> </u><u>in</u><u> </u><u>which </u><u>a</u><u> </u><u>practical </u><u>know</u><u>ledge</u><u> </u><u>is </u><u>required.</u>
<h3>
<u>Importance</u><u>:</u></h3>
The technical profession has always been important as it has replaced the society from nomadic to the modern era. It has widened the limit of the human innovation , development and creativity. The facilities of medicine , surgical works, Communication, computer technology, transportation system etc are the result of technical profession. Life has become easier due to them. There is high demand for technical professionals in our country both in public and private sectors.
To become a technical professional is a difficult task. In order to become a technical professional, one should have to attain a certain level of education, technical skills, work experience as well as acceptance from the government or government recognized bodies.
Hope this helps...
Good luck on your assignment..