Business, 17.09.2019 00:00 nora45102p45bzz
Label demand as elastic, unit elastic, or inelastic for each scenario. use the midpoint method when applicable to calculate the price elasticity of demand. contain yourself! , a plastic container company, raises the price of its signature lunchbox container from $3.00 to $4.00 . as a result, the quantity sold drops from 20,000 to 15,000. economists working for the united states have determined that the elasticity of demand for gasoline is 0.5 . capital metro decides to increase bus fare rates from $2.00 to $2.21 . consequently, the number of passengers who decide to take the bus in austin drops from an average of 70,000 riders a day to an average of 61,000 riders a day.
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Business, 21.06.2019 13:00
Among the advantages of corporations are the ease of raising financial capital, professional management, and a. rapid promotions b. lower taxes c. limited liability d. specialization
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Business, 22.06.2019 03:00
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 1
Business, 22.06.2019 04:50
Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.
Answers: 1
Label demand as elastic, unit elastic, or inelastic for each scenario. use the midpoint method when...
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