I think the answer is True... correct me if I’m wrong
The correct answer is; Raise her prices on the car detailing or only wash cars.
Further Explanation:
It makes the most sense that Betty Lou raise the pricing on the car detailing. Since the materials cost more than the washing materials and car detailing takes more time, she is losing money in the long run.
If Betty doesn't want to raise her prices, she should only continue to wash cars since she can do this faster and make more money on average. This is the most efficient use of her resources. Betty can use advertising to get more clients and repeat clients that liked her car detailing will be willing to pay more for her services.
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Answer:
$0.30 per direct labor-hour
Explanation:
The computation of the variable cost per direct labor is shown below:
Variable cost per direct hour = (High maintenance cost incurred - low maintenance cost incurred) ÷ (High direct labor hours - low direct labor hours)
= ($4,000 - $1,900) ÷ (9,000 hours - 2,000 hours)
= $2,100 ÷ 7,000 hours
= $0.30 per direct labor-hour
Answer:
C. The short-run Phillips curve shifts upward and the long-run Phillips curve does not shift.
Answer:
(D) $ 1,450
Explanation:
The ending balance in allowance for uncollectible accounts is calculated by the following equation.
Opening Balance + Allowance for the year - Receivables written off = Ending Balance
$ 1,610 + $ 1,590 (0.5 % of sales on credit, $ 318,000 *0.5%) - $ 1,750 ( Receivables written off) = Adjusted allowance for uncollectible accounts <u>$ 1,450</u>
The amounts collected are not relevant in calculating the ending balalnce