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2 years ago

Cost-volume-profit analysis is used to predict how changes in _____ levels affect profit.

Business

1 answer:

Ne4ueva [31]2 years ago

7 0

Answer: Cost and sales

Cost-volume-profit analysis is used to predict how changes in COST and SALES levels affect profit and requires the following four inputs: number of units sold, sales price per unit, variable cost per unit, and fixed costs.

Explanation:

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Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may

Artemon [7]

Answer:

b. decrease in the demand for televisions today.

Explanation:

Since it is generally believed that, consumers buy more quantity of a particular commodity or product when the price of such commodity is lower and that they buy less, when the price is higher, which is a simple illustration of the law of demand.

Therefore, if people think that the price of televisions will decrease in the near future, that belief may cause a "decrease in the demand for televisions today."

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3 years ago

Which of the following is an example of how citizens can participate in national political processes?

Dmitry_Shevchenko [17]

Answer is B. Vote in the governor election.

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3 years ago

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Suppose the price of apples falls from $30 to #20, and the number of apples sold increases from 70 to 80. What is (the absolute

TiliK225 [7]

Answer:

The correct answer is option d.

Explanation:

The price elasticity of demand for apples will be

= $\frac{change\ in\ quantity\ demanded}{change\ in\ price}$

= $\frac{\frac{Q2-Q1}{Q1} }{\frac{P2-P1}{P1} }$

= $\frac{\frac{80-70}{70} }{\frac{20-30}{30} }$

= $\frac{\frac{10}{70} }{\frac{-10}{30} }$

= -0.43

The elasticity of demand is less than 1, this indicates that the demand is inelastic.

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3 years ago

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Ringo Industries has the following information regarding direct materials:Actual pounds purchased and used58,000Standard quantit

bulgar [2K]

Answer:

Actual Price = $5.75 per pound

Explanation:

Provided Actual Usage = 58,000 pounds

Standard = 4 pounds per finished goods,

Provided finished goods = 15,000 units

Standard Raw Material = 15,000 $\times$ 4 pounds = 60,000 pounds

Provided Direct Material Efficiency Variance is Favorable

= (Standard Usage - Actual Usage) $\times$ Standard Price

= (60,000 - 58,000) $\times$ Standard Price = $10,500

=2,000 $\times$ SP = $10,500

Standard Price = $10,500/2,000 = $5.25

Direct Material Price Variance = (Actual Price - Budgeted Price) $\times$ Actual Quantity

We will calculate Actual Price using the above data,

(Actual Price (AP) - $5.25) $\times$ 58,000 = $29,000 Unfavorable

As This variance is unfavorable, which means Actual Price is higher than Budgeted Price

AP - $5.25 = $29,000/58,000 = $0.5

Actual Price = $0.5 + $5.25 = $5.75 per pound

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4 years ago

Select the things are considered psychological influences on the purchase decision process? (select all that apply) multiple sel

nekit [7.7K]

The psychological influences that are known to have an effect on the reason why people carry out purchase decisions are:

Value,
beliefs,
attitudes

Learning

<h3>What is meant by the term purchase decision?</h3>

The term purchase decision has to do with all of the decisions that are known to affect the ways' that humans would have to carry out the buying and other purchase of goods and services. The purchase decisions may have to do with all that has to do with buying minor goods that are as little as a pair of slippers and the major goods that would require better planning such as the purchase of a house.

Hence we can say that The psychologial influences that are knwon to have an effect on the reason why people carry out purchase decisions are:

Value,
beliefs,
attitudes

Learning

Read more on purchase decisions here

brainly.com/question/7029808

#SPJ1

Complete question

Which of the following are considered psychological influences on the purchase decision process? (Check all that apply.)

Value, beliefs, and attitudes

Learning

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2 years ago