Answer:
Explanation:
Forecast usage = 50 %
Actual Usage = 52%
smoothing constant = 0.10
⇒ 50 + 0.10 (52 - 50)
⇒ 50 + 0.10 (2)
⇒ 50 + 0.2 = 50.20
Answer:
Ceteris paribus assumption: Demand curves relate the prices and quantities demanded assuming no other factors change
Explanation:
Ceteris paribus is a Latin phrase meaning “other things being equal”. If all else is not held equal, then the laws of supply and demand will not necessarily hold.
Demand is the amount of some product a consumer is willing and able to purchase at each price.
IMPACT THE SUBSTITUTION EFFECT AND THE REAL INCOME
A substitute is a good or service that can be used in place of another good or service. A lower price for a substitute decreases demand for the other product and increases the quantity demanded for tomatoes
A change in the price of a good or service causes a movement along a specific demand curve, and it typically leads to some change in the quantity demanded, but it does not shift the demand curve.
Answer:
What I would do is make sure it is a good quality item and see if it is worth my money after that I would go to the cashier and buy my product.
Explanation:
Answer:
The best future earnings outcome would come from getting the official degree even if you do not attend any classes.
In the labor market, a degree from the world's best university holds great prestige and increases enormously the possibilities of being hired to high-paying jobs. However, you should make sure that you actually take the courses that you are supposed to have learned while "attending".
The other option is worse because while you would easily be able to demonstrate knowledge and competence, few companies would even consider to hire you if you do not hold a degree.
Answer:
Total Overhead Cost is $ 510,000 for 78,000 direct labor hours
Explanation:
Corrington Manufacturing Company
Fixed Budget 80,000 direct labor hours
Variable Overhead $400,000
Fixed Overhead $120,000
Flexible Budget 78,000 direct labor hours
Variable Over head = $ 400,000/ 80,000 * 78,000= $ 390,000
Fixed Overhead $120,000
Total Overhead Cost is <u> $ 510,000 </u> for 78,000 direct labor hours
First we divide the variable overhead with the budgeted number of direct labor hours and then multiply it with the flexible labour hours to get the variable overhead at this activity level . The fixed overhead does not change.
