Answer:
10% of the total tickets was not sold
Explanation:
Total number of seats in the stadium =Total number of tickets produces=30000
Total ticket sales=Cost per ticket×Number of tickets sold
where;
Cost per ticket=$55
Number of tickets sold=N
Total ticket sales=$1,485,000
Replacing in the expression above;
$1,485,000=55×N
N=1,485,000/55
N=27,000 tickets
Number of tickets sold=N=27000 tickets sold
Total number of tickets=Total tickets sold+Total tickets unsold
where;
Total number of tickets=30000
Total tickets sold=N=27000
Total tickets unsold=S
Replacing;
30000=27000+S
S=30000-27000
S=3000 tickets unsold
Percentage of tickets unsold=(Number of tickets unsold/Total number of tickets)×100
(3000/30000)×100=10%
10% of the total tickets was not sold
Answer:
The correct answer is option B.
The price of good will fall.
Explanation:
An import quota can be defined as a quantitative restriction on the import of a product. It is a trade restriction imposed by the government that puts physical limits on the volume of products that can be imported into a country.
The imposition of import quota causes the quantity of imported products to decline, As the supply of products gets reduced. The price of a product increases because of the leftward shift in the supply curve.
Answer:
See below
Explanation:
1. Total materials variance
= (Actual quantity - Actual price) - (Standard quantity × Standard price)
= $4,410 - [(160 × 9) × $1.9]
= $4,140 - $2,736
= $1,404 unfavorable
2. Materials price variance
= (Actual quantity × Actual price) - (Actual quantity × Standard price)
= $4,140 - (2,100 × $1.9)
= $4,140 - $3,990
= $150 unfavorable
3. Materials quantity variance
= (Actual quantity × Standard price) - (Standard quantity × Standard price)
= (2,100 × $1.9) - [(160 × 9) × $1.9]
= $3,990 - $2,736
= $1,254 unfavorable
4. Total labor variance
= (Actual hours × Actual rate) - (Standard hours - Standard rate)
= $6,664 - (160 × 4) × $10
= $6,664 - $6,400
= $264 unfavorable
Answer:
=$398.16
Explanation:
Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.
If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.
= 58% of 252 + 252
= (58/100 x 252 ) + $252
=$146.16 +252
=$398.16
Answer:
The correct answer is A
Explanation:
The principle of comity is the principle which is legal, that the political entities like courts, states or nations from different jurisdictions and it will mutually recognize or acknowledge the legislative of each other's executive and judicial acts.
So, Retail operations, US firm attain the judgement against Shinobu. Therefore, the court judgement will be enforced by Japan court will ground on the application of principle of comity.