Business, 12.02.2020 04:57 legrandschool1oxa0sd

Sandy's Sandwich Sitdown priced its lunch treats at $2.00, they sold 250 per day. When the price was $3.00, they sold 200 per day. Based on this information and using the average-values formula, the absolute value of the price elasticity of demand for lunch treats is:

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 15:00

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

Answers: 3

Answer

Business, 22.06.2019 16:00

In microeconomics, the point at which supply and demand meet is called the blank price

Answers: 3

Answer

Business, 22.06.2019 21:30

The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was

Answers: 1

Answer

Business, 23.06.2019 01:00

Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?

Answers: 2

Answer

You know the right answer?

Sandy's Sandwich Sitdown priced its lunch treats at $2.00, they sold 250 per day. When the price was...

Questions