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kakasveta [241]
3 years ago
5

Evaluation of the amount of costs incurred should be based on the actual volume of activity rather than the planned volume of ac

tivity. True False
Business
1 answer:
inna [77]3 years ago
8 0

Answer:

False

Explanation:

The Performance Evaluation may be defined as the formal as well as a productive procedure to help measure the work of the employee and results is based on their job responsibilities.

For any performance evaluation, the cost that is actually incurred should not be compared to the cost which would have been incurred to the actual volume of the activity or work rather than the planned activity.

Thus the answer is false.

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An external competitor to Construction (from another island) is offering to build the new homes for $1300 each. Here are facts a
cupoosta [38]

Answer:

a. The minimum transfer price (per home) that Construction would be willing to accept would be $1,270

b. The maximum transfer price (per home) Island Evaluations would be willing to accept would be $1,300

Explanation:

a. According to the given data If Construction accepts the proposal of Island Evaluations, then it has to foregone the profits which could have been earned if Construction accepted the proposal of local villagers to build an incline, a bridge and a campground.

Hence, minimum transfer price (per home) for Construction should be such that it covers the profit foregone as given above:

Now, profit foregone is calculated as per the table below:

Figures in $

Particulars Revenue Cost Profit

Incline        1400          600 800

Bridge         1500 950  550

Campground 2700 1200 1500

Total        5600 2750 2850

Therefore, the transfer price should be such which can generate a profit of $2,850 for Construction.

Therefore, total revenue which should be generated = Cost of building five new homes + Profit foregone

= 700*5 + 2850 = $6,350

Hence, minimum transfer price (per home) should be = 6350/5 = $1,270

b. The maximum transfer price (per home) that Island Evaluations will be willing to accept is $1,300 per home as quoted by the external competitor from another island.

4 0
2 years ago
The price of good X increases from $55 to $60, and quantity demanded decreases from 500 to 400. The price of good Y increases fr
nikklg [1K]

Answer:

demand curve for Good X is more elastic than the demand curve for Good Y

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

For good X,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 400 - 1 = 0.25 = 25%

Elasticity of demand = 25% / 8.33% = 3

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

For good Y,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 475 - 1 = 0.0526 = 5.26%

Elasticity of demand = 5.26% / 8.33% = 0.63

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

8 0
3 years ago
PLEASE QUICK 30 POINTS!!!!!! Which of the following programs completes similar functions as those completed by Microsoft® Publis
Misha Larkins [42]

<em>Answer:</em>

<em>D) Microsoft world</em>

<em>Explanation:</em>

<em>Because Microsoft Publisher is a graphic design application that is similar to Microsoft Word but differs in the fact that its emphasis lies more on page layout and design, and less on word composition and formatting. </em>

6 0
2 years ago
The corporate charter of Llama Co. authorized the issuance of 10 million, $1 par common shares. During 2016, its first year of o
kotegsom [21]

Answer:

$116 million

Explanation:

January 1                  8,000,000*(15-1)     =$112,000,000

December 28  Treasury stock sold    2,000,000*(20-18)=$4,000,000

Paid in Capital At December 31,2016                           $116,000,000

3 0
3 years ago
Answer the following questions in complete sentences “a, b, c, and d''
Oksi-84 [34.3K]
Im pretty sure it's a
7 0
2 years ago
Read 2 more answers
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