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DIA [1.3K]
3 years ago
8

AHHHHHHHHHHH IDK WHAQT TO DO I HAVE FOUR DAYS TO COMPLETE 12 ASSIGNMENTS AND FIVE MIDTERMS I AM BEYOND STRESS SOMEONE SHOOT ME N

OW PLEASE
Business
1 answer:
ikadub [295]3 years ago
8 0
Maybe you should start working on them now because if you don’t then it’s going to be on you. And you’ll have to redo whatever the class
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The Commerce Ministry of a country conducts regular surveys on goods and services sold within the country. Researchers at the Mi
denpristay [2]

Answer:

The correct option is C.

Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.

Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.

Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.

Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.

6 0
3 years ago
This tax pays for benefits that workers and families receive for either Social Security or Medicare: A) Excise tax B) State inco
madam [21]
I thinks it's B, it's whichever comes out of your pay check
4 0
3 years ago
A typical source document could be Question 8 options: A) a computer data entry screen. B) the company's financial statements. C
Simora [160]

Answer:

Both A and B  

Explanation:

The original record that contains details that substantiates or supports the original document which will be entered in accounting system is called source document.  

They describe basis facts such as amount, purpose and date.

Cancelled checks, credit card receipts and supplies invoices, cash register tapes are examples of source documents.

7 0
3 years ago
Biltz Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. During
strojnjashka [21]

Answer:

Underapplied overhead= $109,500

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate=  525,000 / 150,000

Predetermined manufacturing overhead rate=  $3.5 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 3.5*135,000

Allocated MOH= $472,500

<u>Finally, the under/over applied overhead:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 582,000 - 472,500

Underapplied overhead= $109,500

8 0
3 years ago
A business that is controlled by a small group of people who share the risks
MArishka [77]

Answer:

a partnership business type

6 0
2 years ago
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