Answer:
The equivalent units for conversion cost are 28080.
Explanation:
Firstly, we need to find our how much units are being sold
Units Sold= physical units - ending units
Units sold= 31500 - 11400 = 20100
Then we need to add units sold with percentage completion of ending units in order to find out equivalent units for conversion cost
Formula:
Equivalent units for conv. cost= units sold + (%completion of ending units)
Equivalent units for conv. cost= 20100 + ( 70% ×11400)
Equivalent units for conv. cost= 20100 + 7980
Equivalent units for conv. cost= 28080
Answer:
The answer is 0.4
Explanation:
The formula for total debt ratio is total debt ÷ total assets.
Total debt equals current debt plus total long-term debt.
To find total debt(liability), remember Asset = Liability + Equity.
Therefore, Liability (debt) will be Asset - equity
$1,123,900 - $679,400
Total debt(liability) = $444,500
So, total debt ratio will be:
$444,500/$1,123,900
=0.4
This ratio means 0.4 or 40 percent of the company asset is financed by debt.
The reason that the elasticity of demand is 0.62 for business and 0.12 for economy is because the economy class is more elastic than that of the business.
When the flight ticket of those flying business class is raised, they would not be affected much because they are rich and can afford it. They do not care much about the raise in price.
For the average flyer using the economy flight, raising the price of the ticket would affect him and he may end up reducing his demand for it.
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Answer:
No options are given, but the most commonly used survey response methods are:
- Multiple choice questions = generally easy to code
- Rating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent
- Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult either
- Dropdown questions. = similar to multiple choice questions
- Open-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.
- Demographic questions = similar to multiple choice
- Ranking questions = similar to scaled questions
Answer:
Vision Statement
Explanation:
The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT {Strengths , Weakness , Opportunities , and Threats } analysis. Once the SWOT is complete , the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization's work , called <u>Vision Statement.</u>
Vision Statement is a important point in strategical planning. It tells what an organization intended to achieve or we can say it highlight the objective of the organization .
Vision Statement should we s<u>hort , simple and clearly specified.</u> It plays an i<em>mportant role</em> in an organization .
