He income elasticity of demand for haircuts is 1.5, and the income elasticity of demand for food is 0.14. you take a weekend job, and the income you have to spend on food and haircuts doubles. if the prices of food and haircuts remain the same, you will a. more than double your expenditure on haircuts and less than double your expenditure on food b. double your expenditure on haircuts and double your expenditure on food c. increase your expenditure on haircuts by 1.5 percent and increase your expenditure on food by 0.14 percent d. increase your expenditure on haircuts by 150 percent and increase your expenditure on food by 140 percent e. not change your expenditure on either food or haircuts because you don't need to have your hair cut more frequently and you already have enough to

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

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Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes