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3 years ago

Consider the following statements regarding the economic pricing model:

Business

1 answer:

Setler79 [48]3 years ago

6 0

Answer:

C. I and III.

Explanation:

The demand curve is affected by many variables that can change in a relatively short period of time, for example, consumers' income. Even if a company is able to measure the demand curve, it cannot be sure for how long that result holds true. Managerial accounting is designed to measure historical costs generally associated to a certain production range.

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Diamond Boot Factory normally sells its specialty boots for $22 a pair. An offer to buy 120 boots for $18 per pair was made by a

Art [367]

Answer:

Differential income = $960

Explanation:

In a special order decision , the offer should be accepted if the sales revenue from the order is greater than the relevant costs of the special orders.

The relevant costs of the special order = variable cost + additional cost of special stitching machine

Sales revenue (120× $18) 2,160

The relevant costs of the special order

= (120×8) + (120×2) (1,200)

Differential income 960

3 0

3 years ago

The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, & $26,432. What is the mean

Temka [501]

Answer:

$13,130.4

Explanation:

Mean is a measure of average. It is used to calculate the average of a given set of data.

Mean = Sum of Terms/Number of Terms

Monthly Mean Rental Cost = Total rental cost / Number of rents

= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5

= $65652/5

=$13,130.4

7 0

3 years ago

Read 2 more answers

Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs ar

andrey2020 [161]

Answer:

Relevant Revenue = $576,000

Relevant Cost = $522,000

Explanation:

As per the data given in the question,

Variable cost = $29 per unit

Company received order of = 18,000 units

Cost of each product = $32

Only Relevant Revenue is the revenue from special order = Cost × units

= $32 × 18,000

= $576,000

Only Relevant Cost is the cost from special order = Variable cost × units

= $29 × 18,000

= $522,000

So,

Reject order Accept order Differential

Revenues 0 $576,000 $576,000

Cost :

Variable

manufacturing 0 $522,000 -$522,000

Income(loss) 0 $54000 $54000

8 0

3 years ago

When members of minority cultures feel that they have to behave in ways similar to the majority culture, this is called ________

lesya692 [45]

Answer:

a) biculturalism

Explanation:

Biculturalism refers to one culture in which the combinations of two cultures are added it could be in the same country. The two cultures must be different to make them one

Therefore in the given situation when the minority members feel that they have to behave in the same way as the majority culture so this we called as a biculturalism

Therefore the correct option is a.

6 0

3 years ago

30 points question is easy

White raven [17]

30 points question is easy

so?

3 0

2 years ago