Answer:
D
Explanation:
Maria's time (resource) is limited so she has to choose between activities. This is known as trade off. Due to unlimited wants and limited resources available to fulfil the needs, humans must choose between activities.
This concept of trade off also gives rise to opportunity cost
opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
If Maria swims, she forgoes the opportunity to go bike riding or running
Answer:
Option (a) $17,000 U
Explanation:
Data provided in the question:
Budgeted fixed manufacturing overhead = $355,740
Budgeted hours = 49,000 labor-hours
Actual fixed manufacturing overhead = $372,740
Actual hours = 45,600 labor-hours
Now,
The fixed overhead budget variance
= Budgeted fixed manufacturing overhead - Actual fixed manufacturing overhead
= $355,740 - $372,740
= - $17,000
Here negative sign mean the Unfavorable
Hence,
Option (a) $17,000 U
Answer:
Profit (loss) 4611
Explanation:
Variable manufacturing cost per unit = Total variable manufacturing cost / Total number of units = 99750 / 15000 = 6.65.
Calculation of special order :
Sales (5300 * 7.80) = 41.340
(-) Variable manufacturing costs ( 5.300 * 6.65 ) = 35.245
(-) Export fees ( 5300 * 0.28) = 1.484
Profit (loss) 4.611
Answer: In such situation<u><em> Don's Fashions could conduct market research to validate their target market. </em></u>
Explanation: It's given that Don’s Fashions is noticing a downward trend in sales. The company has been reaching out using social media to connect with customers which they define as “fashion forward consumers between the ages of 15-30.” However, lately it seems that very few people are responding to the social media promotions.
Therefore at this particular stag<em><u>e they can decide to conduct a thorough market research to validate their target market and see it their marketing and strategies have been able to penetrate the market they were targeting</u></em>.
Answer:
Option A Increase in consumer wealth
Explanation:
The reason is that when the consumer wealth increases his purchasing power increases which enables him to opt to items which greater in value and also that the person starts satisfying his personal needs and wants which means that the person is spending more and if the person is spending more then the aggregate demand of the product and services will increase. Furthermore the increase in taxes, costs and value of US dollar decreases the demand because it increases the prices of the product and increase in price of the product or services decreases the demand of the product both in the domestic and international market. So the right option is A.
