Answer:
C.second option
Explanation:
The computation is shown below
The present value of option 1 is $100,000
And, the present value of option 2 is
= $94,000 + $10,000 × Present value of discounting factor(8%,3)
= $94,000 + ($10,000 ÷ 1.08^3)
= $101,938.32
So as we can see that the option 2 has the highest present value so the right option is c.
Fess earned from providing services and the aumounts of merhandise sold. hope this is the right awser and I love to help you anytime
Answer:
b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.
Explanation:
Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:
= 
= % Change in Quantity Demanded / % Change in Price
So when absolute value is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.
<u>Note</u>: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much is larger than 1. But b is the still the best answer among the options.
Answer:
$93,750
Explanation:
Required: "<em>Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours."</em>
<em />
Total estimated overhead costs (A) = 150,000
Total labor hours (B) = 15,000 + 9,000 = 24,000
Overhead allocation rate (C) = A/B = 150,000/24,000
Overhead allocation rate (C) = $6.25 Per labor hour
Total labor hours used by Fabric case (D) = 15,000 Hours
Overhead assigned to the fabric case (C*D) = $6.25 Per labor hour * 15,000 Hours = $93,750
