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3 years ago

All of the following statements are true EXCEPT:_________.

Business

1 answer:

ale4655 [162]3 years ago

6 0

Answer:

D. the demand for Nike running shoes is less elastic than the demand for shoes.

Explanation:

In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes

So, the option d is correct

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Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u

dezoksy [38]

Answer:

$ 317,000

Explanation:

Octuber Production: 200,000

Variable Overhead: $ 0.80 per unit

Fixed Overhead: $ 157,000

Factory Overhead Budget for October:

Octuber Production x Variable Overhead = 200,000 x 0.80 = 160,000

Variable Overhead: $ 160,000

Fixed Overhead: $ 157,000

Total Overhead: $ 317,000 ( $ 160,000 + $ 157,000 )

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3 years ago

Barnes Corporation purchased 75 percent of Noblesâ€™ common stock for $262,500, which was acquired at book value. The fair value

Wittaler [7]

Solution:

Barnes Corporation purchased 75 percent of Nobles’ common stock

During the year, Nobles reports net income of $40,000.

Hence, 75% of net income of Nobbles is attributable to Barnes Corporation.

Barnes reports for income from subsidiary prior to consolidation

= 40,000 x 75%

= $30,000

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4 years ago

Determine the number of cycles per day and the production quantity per cycle for this set of vehicles: Product Daily Quantity A

PIT_PIT [208]

Answer:

The Number of cycles is 4

Product Daily Quantity Daily Unit per cycle

A 18 18/4 = 4.5 units

B 16 16/4 = 4 units

C 4 4/4 = 1 unit

D 16 16/4 = 4 units

3 0

3 years ago

In a supermarket, a vendor's restocking the shelves every Monday morning is an example of:________

attashe74 [19]

Answer:

it may be fixed order interval because the vendor is restocking every monday only.

7 0

3 years ago

Rene would like to explore a career that would allow her to work with customers or clients. Which two of the following careers a

natima [27]

I believe the answer is:

(B)radio announcer

(D)graphic designer

It is very common for Radio announcer to invite and interview guests and They are basically interacting with clients and fulfilled the client's wish regarding how their products need to be advertised.

Graphis designer, also require constant interaction with the customers in order to know whether the desing that is made by the designer is suitable with the image that the customers have in mind.

3 0

3 years ago

Read 2 more answers