Answer:
The correct option is B
Explanation:
The short-run supply curve is the curve which shows or represent the marginal cost curve portion and that lies or stated above the average variable cost curve.
And when the prices of market increases, then the firm or organization will supply more of its products as per the law of supply.
So, the short-run supply curve represents the supplied quantity through all the firms in the market at each price but when every firm will plant and the number of firms will remain the same.
Answer:
c. 130% of direct labor cost
Explanation:
Note : Manufacturing overhead is allocated based on direct labor cost in the Trimming Department.
Where,
Budgeted Overheads are $416,000
Total Direct Labor Cost are $320,000
Therefore,
Predetermined Overhead Rate = Budgeted Overheads ÷ Total Direct Labor Cost
= $416,000 ÷ $320,000
= $1.30 or 130 %
The predetermined manufacturing overhead rate for the Trimming Department is 130 %
Answer: Two things are being exemplified here;
1.) Pay structure
2.) Job structure
Explanation: A pay structure in an organisation defines what an employee will earn based on some factors such as; efficiency; length of time; value; position. (the difference in pay between an entry-level recruiter and an entry-level assembler)
While a job structure defines the different levels employees in an organisation are in and who they report to. (as well as the difference between an entry-level recruiter, the HR manager, and the organization's Vice President)
Answer:
1.11
Explanation:
New price = 1.75
Old price = 1.25
Price percentage= 1.75-1.25/1.25
= 0.5/1.25
= 0.4
New quantity = 18,000
Old quantity= 10,000
Quantity percentage, = 18000-10/000/18000
= 8000/18000
= 0.44
Price elasticity= 0.44/0.4
= 1.11
Hence price elasticity is 1.11
Answer:
The annual YTM will be = 6.133735546% rounded off to 6.13%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon payment
F is the Face value of the bond
P is the current value of the bond
n is the number of years to maturity
Coupon payment = 1000 * 0.06 * 6/12 = 30
Number of periods remaining till maturity = 11 * 2 = 22
semi annual YTM = [ (30 + (1000 - 989 / 22)) / (1000 + 989 / 2)
semi annual YTM = 0.03066867773 or 3.066867773% rounded off to 3.07%
The annual YTM will be = 3.066867773% * 2 = 6.133735546% rounded off to 6.13%
