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3 years ago

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If the total warehousing cost for the year amounts to $450,000, and 40 percent of the warehousing activity is associated with fi

nished goods and 60 percent with direct materials, how much of the cost would be charged as a product cost?
a. $270,000

1 answer:

photoshop1234 [79]3 years ago

3 0

The answer is A. $270,000.

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Suppose that demand for automobiles increases by 25% when consumers' incomes increase by 20%. what is the income elasticity of d

Shalnov [3]

Income elasticity of demand is a measure of responsiveness of the quantity of goods or services demanded to a change in the income of the people demanding the good. It is calculated as the ratio of the percentage change in the quantity demanded to the percentage change in income.
In this case, percentage change in quantity demanded is 25% and percentange change in income is 20%
Therefore, income elasticity = 25/20
= 1.25

3 0

3 years ago

Any such adverse action taken by an employer against an employee is also known as:.

german

People often do things due to different reasons. Any such adverse action taken by an employer against an employee is also known as Retaliation.

<h3>What is an adverse employment action?</h3>

An action is is known to be an adverse employment action if an employee have found that the action done was materially adverse.

Retaliation is known to take place when an employer takes an “adverse action” against an employee due to the fact that she/he has carried out an “protected legal right.”

Conclusively, A lot of state and federal laws often protect employees from employer retaliation of any kind.

Learn more about Retaliation from

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2 years ago

In spending all his income on beer and pizza, Fred finds that the marginal utility of the last pizza he consumed is 8, and the m

bagirrra123 [75]

Answer:

C) $3.00

Explanation:

since Fred has been able to maximize his utility by consuming both pizza and beer, the marginal utility per dollar of pizza and beer must be equal.

The price of a bottle of beer is $1.50 and Fred obtains 4 utils from consuming it. If the marginal utility of pizza is 8 units, it is equivalent to 2 beers. So the price of pizza must equal $1.50 x 2 = $3

6 0

4 years ago

Read 2 more answers

Marian received an extra principal payment on the loan her business made to another company. What activity does this exemplify?

grandymaker [24]

Marian received an extra principal payment on the loan her business made to another company. What activity is what is called investing activity.

<h3>What is meant by investing activity?</h3>

This is the term that has to do with all of the activities that a person would engage in that would be able to bring in an increase in cash.

This is an investment activity because we can see that she was the one that gave the loan, hence she would be receiving more money for the loan when it is paid back to her.

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2 years ago

Hanson Inc. has the following variable manufacturing overhead standard to manufacture one Zippy:

victus00 [196]

Answer:

Variable manufacturing overhead rate variance= $465 unfavorable

Variable overhead efficiency variance= $150 unfavorable

Explanation:

Giving the following information:

Standard:

1.5 standard hours per Zippy at $3.00 per direct labor hour

Actual:

1,550 hours to make

1,000 Zippies

$5,115 was spent

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 5,115/1,550= $3.3

Variable manufacturing overhead rate variance= (3 - 3.3)*1,550

Variable manufacturing overhead rate variance= $465 unfavorable

<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1.5*1,000 - 1,550)*3

Variable overhead efficiency variance= $150 unfavorable

3 0

3 years ago