Answer: Increased profit as opposed to making them internally.
Explanation:
Make or buy decisions are management decisions as to whether production components should be produced internally or outsourced.
Buy decision
Unit price= $34
Total unites= 19900
Total cost= $34*19900=$676,600
Make decision
$
Direct materials 178,000
Direct Labor. 380,000
Variable overhead. 104,000
Relevant fixed overhead 260,000
Total $922,000
Unit price for make=922000/19900
Unit price=$46.33
Since buying outside is more cheaper than producing internally, it will be more profitable to outsource(buy).
Answer:
Would unregulated markets produce too much or too little of Good X and Good Y, compared to the efficient output levels for these products?
Explanation:
Good X: Too Little
Good Y: Too Much
Answer:
B. A loan that is repaid in equal monthly payments for a specific period of time, usually several years.
C. A loan where you have to promise to give the bank your assets if you do not repay the loan.
Explanation:
A Consumer installment loan is also known as a closed end credit. It is a form of loan whereby the consumers are expected to pay back in a regular manner usually monthly over a period of time which could span between one to about forty years.
The loan is given based on how credit worthy the consumer is. Failure to pay back the loan after the stipulated time frame would result to the seizure of the consumer's property or assets by the lending institution. The lending institution could be a bank. A mortgage loan, and a car loan are examples of consumer installment loans.
Answer: the tariffs will vary depending on the classification.
Explanation:
Tariff is a form of tax that is usually imposed on the imports that are brought from other countries to a particular country.
With regards to information provided in the question, the classification of goods is significant because the tariffs will vary depending on the classification.
Classification systems have undergone several changes over a period of time to get proper categorization of the organism.
<h3>What is classification?</h3>
Classification can be told as the difference that can be between the plants and the animals which can be a based on various factors like the cell, discoveries, and the species.
Aristotle gave the first classification. He divided plants into three categories, RBC existence or disappearance was used to categorize animals. The recognized species cannot all be categorized using this technique.
Linnaeus created a two-kingdom categorization. Plant and Animalia are their constituent parts. But, there would have been numerous species that fell outside the realms.
Ernest Henkel divided on the basis of cells into a distinct dynasty, and so created a categorization of three kingdoms.
Copeland divided all prokaryotic creatures into a distinct kingdom called Monera, leading to the development of the Four-Kingdom.
R.H. Whittaker developed a five-kingdom method of categorization in 1969.
Learn more about classification systems, here:
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