Answer:
Bundle 1: Beer = 2; Pizza = 6
Bundle 2: Beer = 3; Pizza = 4
Bundle 3: Beer = 4; Pizza = 3
Bundle 4: Beer = 12; Pizza = 1
Explanation:
Given that;
Lisa utility function UF(X,Y) = 4XY
where;
X = beer
Y = Pizza
The utility level = 48
so, UF(X,Y) = 4XY
putting different values of X (i.e beer ) given to us in this equation, we can calculate the values of Y(i.e pizza) to fulfill the utility
So; when X (beer) = 2
48 = 4×2×Y
48 = 8Y
Y = 48/8
Y = 6
Thus, Bundle 1: Beer = 2; Pizza = 6
when X (beer) = 3
48 = 4×3×Y
48 = 12 Y
Y = 48/12
Y = 4
Thus; Bundle 2: Beer = 3; Pizza = 4
when X (beer) = 4
48 = 4×4×Y
48 = 16 Y
Y = 48/16
Y = 3
Thus; Bundle 3: Beer = 4; Pizza = 3
when X(beer) = 12
48 = 4×12×Y
48 = 48 Y
Y = 48/48
Y = 1
Thus; Bundle 4: Beer = 12; Pizza = 1
Answer:
E. Core; flexible
Explanation:
Georgia Crane is allowed to create her own work hours on a limited basis. She must be a work from 9 a.m. to 11 a.m. and 1 p.m. to 3 p.m. every day which represents CORE time, and we can choose which hours she will work between 8 a.m. and 6 p.m. around the required hours, which represents FLEXIBLE time. The total required time is eight hours per day.
Georgia Crane is required to work 8 hours in a day.
The core time is the time which is important for Georgia Crane to be at work every day, that is, from 9am to 11am( 2hours) and 1pm to 3pm(2 hours).
That is a total of 4hours.
She can choose between 8am to 6pm as flexible time.
Recall that she needs a total of 4hours more to complete her time for the day.
So 9am to 11am is fixed, 1pm to 3pm is also fixed.
Her total flexible hours for the day 8am to 9am( 1hour), or 11am to 1pm(2hours), or 3pm to 6pm(3hours).
Total flexible hours is 1+2+3=6hours
She is required to choose 4hours from the total flexible 6hours that is most convenient for her to work.
Answer:
Book value par common share will be $19.6
Explanation:
We have given number of preferred stock = 1000
Value of preferred stock = $10 par preferred stock
So preferred Stock = 1000 x $10 = $10000
Total Stockholder's equity = $500000
Thus Common stock value = $500000 - $10000 = $490000
Total number of common stock = 25000 shares
So the book value per common share is = 
Answer:
The correct answer to the following question is $36,000.
Explanation:
Given information -
Units anticipated to be produced - 300,000 units
Variable cost - $150,000
Fixed cost - $600,000
Beginning inventory - 5000 units
Ending inventory - 7000 units
Income under absorption costing - $40,000
Now under the absorption costing, rate of fixed overhead cost per unit -
Fixed cost / Number of units produced
= $600,000 / 300,000
= $2
In April ( under absorption costing ), the amount of fixed manufacturing overhead cost that was still embedded in ending inventory but were not expense -
Fixed overhead rate per unit x number of units produced but not sold
= $2 x 2000 ( 7000 units - 5000 units )
= $4000
So when we calculate the operating cost under variable costing this fixed overhead cost wold be subtracted from total income -
$40,000 - $4000
= $36,000 .
Answer:
Jackie's income, as she now needs to buy Converse and will have less to spend on other goods.
Explanation:
Jackie is a fashionista and so she would respond to trends. Since everyone around her is wearing converse, she would want to wear converses too. so her income would be affected as it would be reduced as she would buy the converse.
