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Nesterboy [21]
2 years ago
12

An inward, left shift in the supply curve (a decrease in supply) for pianos could be caused by _____.

Business
1 answer:
irina1246 [14]2 years ago
8 0
C. An increase in the price of piano parts(raw materials). Makes the firm purchase less raw materials(piano parts) to manufacture less finished goods(pianos) therefore less products(pianos) will be supplied.
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Amos Rubber company manufactures tires. They reported the following information from their operations last period: Cost of Direc
Hunter-Best [27]

Answer:

The per-unit cost under absorption costing is greater than the variable per-unit cost by $1.50.

Explanation:

Units costs under variable costing include only the variable manufacturing costs.

<u>Manufacturing Costs - Variable Costing</u>

Direct Materials used in production:   $35,000

Cost of Direct Labor wages:                $40,000

Variable Manufacturing Overhead:     $30,000

Total Costs                                           $105,000

Unit Cost = $105,000/ 50,000

                = $2.10

Units costs under absorption costing include both the variable manufacturing costs and fixed manufacturing costs.

<u>Manufacturing Costs - Absorption Costing</u>

Direct Materials used in production:   $35,000

Cost of Direct Labor wages:                $40,000

Variable Manufacturing Overhead:     $30,000

Fixed Manufacturing Overhead:          $75,000

Total Costs                                           $180,000

Unit Cost = $180,000/ 50,000

                = $3.60

Difference :

Unit Cost - Absorption Costing      $3.60

Less Unit Cost - Variable Costing  $2.10

Difference                                        $1.50

Conclusion :

The per-unit cost under absorption costing is greater than the variable per-unit cost by $1.50.

5 0
4 years ago
Which of the following international operations strategies uses decentralized authority with substantial autonomy at each busine
Alexeev081 [22]

Answer:

C. multidomestic

Explanation:

In a multidomestic international operations strategy, foreign branches of a multi national corporation decide their own strategy as per that country's needs, tastes, traditions and culture.

In such cases, the strategies adopted at branches could be entirely different from those employed by the parent company.

Such a strategy ensures a greater degree of independence or autonomy and at the same time, allows delegation of authority to the lowest level i.e decentralization.

Delegation refers to assigning of authority by a superior to his immediate subordinate. When delegation is carried out to the lowest organizational level, it is referred to as decentralization.

3 0
4 years ago
There is a large transportation network in order to get from the point of manufacture to the point of sale
daser333 [38]

Answer:

True

Explanation:

It is TRUE that there is an extensive transportation network to get from the point of manufacture to the end of the sale.

After the product is manufactured in the factory, it will go through or bought by different wholesalers who will have to sell to a group of retailers, all in various places, before being sold to final consumers.

In most cases, there is usually a long list of retailers before the goods reached the final consumers. This movement of goods between all the stakeholders involved can go through various locations, states, or regions before it finally gets consumed.

Hence, in this case, the correct answer is "TRUE."

8 0
3 years ago
Roro, Inc. paid $7,200 to renew its only insurance policy for three years on March 1, Year 5, the effective date of the policy.
max2010maxim [7]

Answer:

Insurance expense amount is $500

Prepaid insurance amount is $7,000

Explanation:

The prepaid insurance amounts to $300, on March 31, before the adjustment, that represents the remaining portion of the policy before the renewal. And this amount must have expired by the March 31, as there is only a single insurance policy and which will be renewed on March 1.

The $300 is involves in the insurance expense for the 3 months that ended on March 31, and in addition, 1 month coverage is there.

Therefore, amount of $200 ($7,200/ 36 months), which is involves in the insurance expense for the 3 months. In aggregate $500 of the insurance expense is acknowledged.

Prepaid insurance left out balance on March 31, is $7,000 ($7,200 - $200).

5 0
3 years ago
The ability to provide field-level help is often referred to as:
madam [21]
<span>This is often referred to as context-sensitive help. It is help that refers to a single situation and state, and depends on the situation, or 'context', of the circumstances. This is because fields are specialized, and general knowledge is usually not applicable to specific sets of circumstances.</span>
7 0
4 years ago
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