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Answer:
d.$65,200
Explanation:
Calculation to determine what The total conversion costs for the period were
Direct labor $56,000
Add Factory overhead $9,200
Total conversion costs $65,200
($56,000+$9,200)
Therefore the total conversion costs for the period were $65,200
Answer:
Direct labor.
Direct materials.
Manufacturing supplies.
Wages for the production staff.
Fuel or power consumption.
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If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will set a lower price in the market that is more price elastic. Price elasticity is a tool used by economists to analyze how supply and demand for a product fluctuate in response to price changes.
Along with demand, supply also exhibits elasticity, which is referred to as price elasticity of supply. Price elasticity of supply is the correlation between price change and supply change. It is computed by subtracting the percentage change in price from the percentage change in quantity delivered.
To learn more about elasticity, click here.
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Answer:
a) You have found the critical path
Explanation:
The Time Cost Critical Path Method(CPM) in project management works by adding up/calculating duration of all tasks/activities in the project in order to find the longest time possible to complete the project. It is a method to estimate project duration using a flow chart that shows a network of tasks and estimated duration(start and finish times). The critical path is reached when project time is at the maximum/longest time of completion.
