Answer:
Mark- up = 26.05%
Explanation:
<em>Absorption costing is method of costing where overheads are charged to units produced using volume-based bases. e.g machine hours, labour hours e.t.c. Units are valued using full cost per unit </em>
Full cost per unit= Direct material cost + direct labor cost + variable manufacturing overhead + fixed manufacturing overhead
Note that the selling and administrative expenses are period cost which are not to be considered as production cost, hence they are excluded.
Full cost per unit= 34 + 27 +15 +43 = 119
ROI per unit/profit per unit = 31
Mark- up under absorption costing is profit expressed as a percentage of of the full cost.
Mark- up = 31/119 × 100 = 26.05%
Mark- up = 26.05%
Answer:
. d. shows the relationship between the unemployment rate and the size of the negative GDP gap.
Explanation:
Okun's law examines the relationship between unemployment rate and the gross national product of the US.
When unemployment falls by 1%, GNP rises by 3%
I hope my answer helps you
The correct answer is that the colon is being correctly used in the third choice.
The colon is being used correctly in the sentence: The kitchen assistants helped the chef by: chopping onions, blending spices, and plating the food. This is a correct use of a colon because it is being used to introduce a list of items.
Answer:
D). Working Class.
Explanation:
Working class citizens are said to earn from $15000 to $45000 per annum. Therefore Eddie and Dustin fall in this circle.
Social classes are hierarchical groupings of individuals that are usually based on wealth, educational attainment, occupation, income, or membership in a subculture or social network. Many Americans recognize a simple three tier model that includes the upper class, the middle class, and the lower or working class. Meanwhile, some scholars deny the very existence of discrete social classes in American society.