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3 years ago

How to calculate percent from percentage points?

1 answer:

6 0

Percentage points refer to an increase or decrease of a percentage rather than an increase or decrease of a raw number. For example, an increase from 10 to 11 would be an increase of 10 percent. However, an increase from 10 percent to 11 percent is an increase of just 1 percentage point. Each percentage point can be subdivided into 100 basis points, For example, an increase of 0.5 percentage points would also equal and increase of 50 basis points.

Enter the final percentage amount in the calculator. For example, if interest rates rose from 4.7 percent to 5.3 percent, enter the final amount of "5.3" into the calculator.

Push the subtraction sign on the calculator.

Enter the original percentage. In this example, enter "4.7."

Push the equals sign to find the difference as measured in percentage points. Completing this example, when you push equals sign, your calculator will display "0.6," meaning the amount increased by 0.6 percentage points.

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Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

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Answer and Explanation:

The computation is shown below:

Direct Material Price Variance = Actual material cost - Actual Quantity × Standard Price

For Silver

= $13848 - 577 × 23

= $577 (U)

For Crystal

= $2926 - 7700 × 0.40

= $154 (F)

Direct Material Quantity Variance = (Actual Quantity - Standard Quantity) × Standard Price

For Silver

= (577 - 1530 × 0.40) × 23

= $805 (F)

For Crystal

= (7700 - 1530 × 5) × 0.40

= $20 (U)

Direct Labor Rate Variance = Actual Cost - Actual Hours × Standard Rate

= $36915 - 3210 × 12

= $1605 (F)

And,

Direct Labor efficiency Variance = (Actual hours - Standard hours) × Standard Rate

= (3210 - 1530 × 2) × 12

= $1800 (U)

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2 years ago

Comparing ABC and Plantwide overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The contro

asambeis [7]

Answer:

$432,000 Setting up equipment ⇒ based on setup hours

$1,440,000 Other overhead ⇒ based on oven hours

product units produced setup hours oven hours

Fudge 8,000 6,400 1,600

Cookies 445,000 1,600 8,000

1) Activity rate:

a) setup hours = total setup costs / total setup hours = $432,000 / 8,000 hours = $54 per setup hour
b) oven hours = total other overhead costs / total oven hours = $1,440,000 / 9,600 hours = $150 per oven hour

2) total overhead assigned to fudge = (6,400 setup hours x $54 per setup hour) + (1,600 oven hours x $150 per oven hour) = $345,600 + $240,000 = $585,600

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3 years ago

Ideally, any group you join for business promotion should have at least how many members?

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500 HUNDRED IS THE AWNSER HOPE IT HELPS PLZ THANKS ME

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3 years ago

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Citrus Inc., a leading Internet service provider, provides its top managers with a bonus every year. However, this year the comp

barxatty [35]

Answer:

Extinction

Explanation:

Contingency of extinction occurs when previously reinforced behaviours are removed or changed as a result of changes in the environment. In this scenario, the behaviours that was changed in the current year was the payments of bonuses to top managers. The changes in the environment was the poor performance and average stock price dropping. It resulted in the top managers not receiving their annual bonuses this time.

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3 years ago

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In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. What is another way to

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Answer:

Market supply is much more elastic in the long run than the short run.

Explanation:

Here are the options to this question :

In the long run, average total cost is minimized

Market supply is much less elastic in the long run than the short run.

In the long run, price equals marginal cost.

Market supply is much more elastic in the long run than the short run.

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

When the supply curve is horizontal or nearly so, it means that supply is highly elastic. a small change in price would greatly affect the quantity supplied.

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3 years ago