Answer:
B:Stick with headings and captions
Answer:
Option E It is multiplied by the material unit cost to calculate the per unit carrying cost.
Explanation:
The reason is that the carrying cost which is also known as holding cost is the cost of holding a unit material for a year and this can be calculated as:
Holding Cost is also given in percentage of material price and is calculate by multiplying it with the material unit cost to calculate the holding cost per unit per year.
So the option E is correct.
Answer:
A. unit elastic
Explanation:
The price elasticity of supply can be calculated by a formula as below:
+) Price elasticity of supply = Changes in supplied quantity/ Changes in prices <em> = (%ΔQs)/(%ΔP)</em>
When price = $1, the quantity supplied is: Qs = p = 1
When price = $3, the quantity supplied is: Qs = p = 3
So that when price increases from $1 to $3, the quantity supplied changes from 1 to 3.
=> Changes in supplied quantity is: 3 -1 = 2
Changes in price is: $3 - $1 = $2
<em>=> Price elasticity of supply = 2/2 =1 </em>
When the price elasticity of supply is equal exactly to 1, the product is considered to be <em>unit - elastic. </em>
<em>So that A is the true answer.</em>
Answer:
The flexible budget for sales = $195,000
Explanation:
<em>A flexible budget is that which is prepared for actual level of activity achieved. It is used for control purpose to determine how where the a business is doing in terms of performance .</em>
The flexible budgeted is usually prepared at the end of the period to which it relates. In other words, it is prepared in retrospect. And it uses the assumptions of the fixed budget.
The flexible budget for sales = actual sales in units × Standard selling price
= 15,000× $13.00 = $195,000
The flexible budget for sales = $195,000
The price of one country's currency expressed in terms of another country's currency is: A. by definition, one unit of currency. ... A. exchange rate between the U.S. dollar and another currency. B. exchange rate between two currencies, neither of which is generally the U.S. dollar.21