Answer:
Results are below.
Explanation:
Giving the following information:
Each unit of output requires 0.06 direct labor-hours.
The direct labor rate is $8.00 per direct labor-hour.
The production budget calls for producing 5,300 units in June and 5,800 units in July.
<u>Direct labor budget June:</u>
Direct labor hours= 5,300*0.06= 318
Direct labor cost= 318*8= $2,544
<u>Direct labor budget July:</u>
Direct labor hours= 5,800*0.06= 348
Direct labor cost= 348*8= $2,784
Answer:
A. That's the point where total revenue is maximized
Explanation:
Demand Curve is a downward sloping curve representing inverse relationship between price & quantity demanded.
Elasticity of Demand is the responsiveness of quantity demanded to price change. It can be measured geometrically on a demand curve point by :
Demand curve segment below the point / Demand curve segment above the point.
This way the elasticity keeps on decreasing as we move downwards on the demand curve [Ed=∞ to Ed >1 to Ed = 1 to Ed < 1 to Ed = 0] i.e [from perfectly elastic to elastic to unitary elastic to inelastic to perfectly inelastic demand].
If Demand is Elastic [Ed >1] : There is negative relationship between price and Total Revenue. This point is on the upper segment of demand curve as per geometric method, P- TR negative relationship implies that TR can be increased by decreasing Price.
If Demand is Inelastic [Ed <1] : There is positive relationship between price &total revenue. This point is on the lower segment of demand curve as per geometric method, P-TR positive relationship implies that TR can be increased by increasing price.
So: The best Total Revenue Maximising point is on the middle of demand curve where demand is unitary elastic [Ed=1] - as any other deviation from this point would create an incentive to change price to generate higher revenue.
Answer:
a. 10+5-19
b. 15-19=-4
Explanation:
This problem can be solved with a very simple rule that is, Bodmas stands for "brackets, orders, division, multiplication, addition, subtraction". if integers contain brackets ((), {}, []) then first solve bracket then powers and roots etc., then division, multiplication, addition and subtraction from your left to right.
PEMDAS is very similar to BODMAS and used in the USA.
PEMDAS means Parentheses, Exponents (powers and roots), Multiplication and Division, Addition and Subtraction.
At Walmart, the top 200 CDs account for more than 90 percent of the music sold: (A) TRUE
<h3>
What do we mean by Walmart?</h3>
- According to the Fortune Global 500 list in May 2022, Walmart is the world's largest company by revenue, with approximately US$570 billion in annual revenue.
- It is also the world's largest private employer, with 2.2 million employees.
- The Walton family controls the company, so it is a publicly traded family-owned business.
- In 1972, Walmart was listed on the New York Stock Exchange.
- By 1988, it had become the most profitable retailer in the United States, and by October 1989, it had become the biggest in terms of revenue.
- It is headquartered in Bentonville, Arkansas, and operates a chain of hypermarkets (also known as supercenters), discount department stores, and grocery stores throughout the United States.
- The top 200 CDs account for more than 90% of music sold at Walmart.
Therefore, the statement" at Walmart, the top 200 CDs account for more than 90 percent of the music sold" is (A) TRUE.
Know more about Walmart here:
brainly.com/question/6641095
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