Answer:
This determination belongs to "W" in SWOT analysis.
Explanation:
SWOT is an analyzing technique of the organizations. It stands for Strength, Weakness, Opportunities, and Threats. Here, strength includes various resources in which the company is doing better whereas weaknesses include the inefficiency of the company. Opportunity refers to various other alternatives for the company and threat includes various possibilities or situations that can harm the company, for example, emerging competition. Therefore, we can say that not having sufficient funds is a part of “W” in the SWOT analysis.
Answer and Explanation:
The computation is shown below:
1. The standard cost for each one is as follows
For Direct materials, it is
= 9.6 pounds × $4.55 Per pound
= $43.68
For Direct labour, it is
= 1 hour × $15.80 per hour
= $15.8
For Variable manufacturing overhead, it is
= 1 hour × $3.40 per hour
= $3.40
For Fixed Manufacturing overhead, it is
= 1 hour × $6 per hour
= $6
2. The standard cost of one flower pot is shown below:
= $43.68 + $15.80 + $3.40 + $6
= $68.88
Answer:
$91,100
Explanation:
Calculation to determine the total cost of merchandise purchased
Using this formula
Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount
Let plug in the formula
Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000
Total cost of merchandise purchased= $91,100
Therefore the total cost of merchandise purchased is $91,100
Answer:
less than zero
Explanation:
According to the law of demand, an increase in price reflects in a decrease in demad. That is, price and demand are inversely proportional. Since ax is associated with the price of good X, it must be negative to accurately describe that behavior in the demand function.
Thus, ax will be: less than zero.
Answer:CPI, GDP Deflator
Explanation:CPI(consumer price index) is a macroeconomic measure used to determine the level of inflation in countries like the United States of America.
GDP Deflator is also a macroeconomic measure that measures the price level of all the new products produced domestically within a country in a specified year or period.
Both GDP DEFLATOR AND CPI ARE VERY USEFUL IN DETERMINING THE PERFORMANCE OF AN ECONOMY AS GDP DEFLATOR MEASURES DEFLATION,CPI MEASURES PRICE INFLATION IN A SPECIFIC OR BASE YEAR UNDER REVIEW.
