Answer: $90
Explanation: This problem can be solved by using following equation :-
Let John's hourly wage rate be J, Mary's hourly wage rate be M and Dennis hourly wage rate be D, therefore :-
Mary's rate will be :-
M = 2J............equation 1
AND,
J + D = $60 ..... equation 2
Similarly,
D = 1/3J
Now,putting the value of D in equation 2 we get,
J + 1/3J = $60
J = $45
Putting the values of J in equation equation 1 we get,
M = 2 * $45
= $90
So, Mary's hourly wage rate is $90
Answer:
Decrease
Explanation:
Given that
Change in quantity demanded = 6%
change in price = 14%
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)
= 6% ÷ 14%
= 0.42
Price elasticity of demand is greater than 1 that which means demand is elastic. Therefore the increase in price, the revenue will decrease because demand is elastic.
Answer:
$84,000
Explanation:
The computation of August cash disbursement for manufacturing overhead is seen below;
Direct labor hour
5,600
Variable overhead per hour
$5.4
Variable manufacturing overhead
$30,240
Fixed manufacturing overhead
$69,440
Total manufacturing overhead
$99,680
Less: Depreciation
$15,680
Cash disbursement for manufacturing overhead
$84,000
Answer:
b. False
Explanation:
It is the opposite, when several systems operate in parallel, total system capacity is the lowest value of the individual system capacities.
For e.g., sectors A, B and C operate in parallel. Sector A can handle 100 units per hour, sector B can handle 150 units per hour and sector C can handle 75 units per hour. The system's capacity is 75 units per hour. If you want to operate at 100 units per hour, a queue will in sector C.
