Answer:
The correct answer is option (B) perfectly inelastic
Explanation:
It is a known facts that anytime tax is imposed on any goods at any given time, the tax falls totally on the consumers provided the elasticity of demand is zero.
Since increase in tax doesn't affect the demand for goods and services, and no matter the increment in price from the supplier, the demand remains the same. Therefore, the demand curve for goods Y is said to be perfectly inelastic.
Answer:
$35,84 per machine hour
Explanation:
Plantwide overhead rate = Budgeted overheads ÷ Budgeted Activity
where,
Budgeted overheads = $3,600,000 + $880,000 = $4,480,000
Budgeted Activity = 125,000 machine hours
therefore,
Plantwide overhead rate = $4,480,000 ÷ 125,000
= $35,84 per machine hour
Answer:
D) consumption of higher-calorie items increased, contrary to the law's objective.
Explanation:
In the case when the federal government begins to print calories that are next to menu items so the higher calories item consumption would be rise that contrast to the objective of the law
So according to this, the option d is correct
and the rest of the options are incorrect
the same would be relevant
Answer:
$19
Explanation:
Data provided
Direct material = $18
Direct labor = $14
Variable overhead = $12
Offered price from outside supplier = $25
The calculation of Bonita Industries save is shown below:-
Total cost of production = Direct material + Direct labor + Variable overhead
= $18 + $14 + $12
= $44
Savings = Total cost of production - Offered price from outside supplier
= $44 - $25
= $19
