Answer:
Follows are the solution to the given points:
Explanation:
In point 1:
The pre-determined overhead rate value:
In point 2:
Calculating the total manufacturing cost:
In point 3:
The unit product cost:
In point 4:
Calculating the selling price per unit:
Answer:
options-based planning
Explanation:
Options-based planning is defined as one that focuses on what could go wrong in a given business venture. Resources are now used to mitigate the projected issues that can arise.
In the give scenario Plastbolt is trying to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns.
So they have an option of going ahead with the venture that has better returns.
A tax imposed on apples will be paid largely by THE SELLERS OF THE APPLES. The demand for apples being elastic means that small changes in price will cause large changes in quantity consumed. The supply for apples being inelastic means that the quantity supplied of apples is unaffected when the price of apple changes. This means that because of the imposed tax, the price of the apple will probably increase but since an increase in price will reduced the quantity bought, the sellers has to maintain the original price of the apples. In this case, the sellers of the apple will bear the larger parts of the imposed tax
Answer:
Degree of operating leverage= 1.4
Explanation:
Giving the following information:
Sales $6,160,000
Variable costs (4,620,000)
Contribution margin $1,540,000
Fixed costs (440,000)
Operating income $1,100,000
<u>To calculate the degree of operating leverage, we need to use the following formula:</u>
degree of operating leverage= Total contribution margin / operating income
degree of operating leverage= 1,540,000 / 1,100,000
degree of operating leverage= 1.4
Answer:
Kindly see Explanation
Explanation:
Raman is described above as being a government servant, this means Raman is an employee of the Federal or State Government. In other words, Raman works in a government runned establishment. Raman is in the civil service.
Radha who is described as an advocate could be explained as an individual who lends his or her voice in other to make others get heard or a protagonist of a certain course.Radha could be described as being into Law or judicial activities.
Amit who retails electronic goods could be described as being self-employed who is into buying and selling.
Difference between activities of Raman, Radha and Amit.
1.) Engagement sector:
Raman works in the civil service, while Radha work is inclined with the legal and activism process and Amit is into commerce.
EMPLOYER:
2.) Raman is clearly a government employee, Radha could work for Non-governmental or Volunteer organizations, while Amit is Self-employed.
DECISION-MAKING :
3.) Raman works based on defined government framework and rules, Radha as an advocate is more inclined towards promoting morality, While Amit will make decisions based on what is best for his business as an entrepreneur.
