It bettered their relationship
do you have answer choices
Answer:
$52,285
Explanation:
The computation of the total manufacturing cost assigned to Job P is shown below:-
Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied
= $13,000 + $21,000 + (2,300 × $7.95)
= $13,000 + $21,000 + $18,285
= $52,285
Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.
Answer:
c. It depends on the appraisal problem. The appraiser should apply all appropriate units of comparison, explain differences in wide variation in the results, and choose the most reliable unit.
Explanation:
The three (3) main methods used for the valuation or appraisal of real-estate properties are;
I. Income approach.
II. Cost approach.
III. Sales comparison approach.
A sales comparison approach can be defined as a real-estate appraisal technique that is typically based on comparing a property to other recently sold real-estate properties with similar characteristics. Thus, this appraisal method or technique requires that the real-estate property being appraised should be in current use and fall within the same area or locality as the other recently sold real-estate properties.
In the sales comparison approach, the appraised property should mimic the market behavior of other real-estate properties sold recently.
Answer:
2.20
Explanation:
The Price elasticity will be:
Δdemand/ΔPrice
<u>The mid point is used to calculate the increases.</u>
Δdemand = ΔQ/midpointQ
(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250
ΔQ = 300-200 = 100
Δdemand = 100/250 = 0.4
<u>Same procedure is applied with the Price numbers:</u>
Δprice = ΔP/midpointP
(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75
ΔP = 2.5-3 = 0.5
Δprice = 0.5 / 2.75 = 0.181818
FInally we calculate the price elasticity:
Δdemand/ΔPrice
0.4/0.1818181818 = 2.2
