Answer:
Fewer
Explanation:
A side effect of high gas prices is that discretionary spending of consumers goes down as they spend relatively more of their income on gasoline. Higher prices also mean that shoppers will tend to drive less - including to places like to mall or shopping center.
Explanation:
Revenue minus cost of sales is equal to gross profit
so inventory purchase, beginning inventory and ending inventory are in cost of sales
Formula will be Revenu-cost of sales (beginning inventory + purchased inventory - ending inventory )=Gross profit
So 500000-(40000+x-45000)=150000
then you can make x as the subjects of the formula and you can easily get the answer
Answer:
(D) $48 per machine hour
Explanation:
The predetermined overhead rate is given by total estimated overhead divided by the total estimated machine hours
Total estimated overhead = $7,584,000
Total estimated machine hours = 158,000 hours
Predetermined rate = $7,584,000 ÷ 158,000 hours = $48 per machine hour
A decrease in the price of grapes will INCREASE the total surplus in the market for red meat. Two goods are said to be complement if using more of one will lead to using more of the other. A decrease in the price of grapes will increase the demand for grapes and this in turn will result in increase in demand for red meat. If the demand for red meat is increased, the total surplus for red meat will also increase.
