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Sonbull [250]
2 years ago
7

The production possibilities curve is bowed out (curve) because

Business
2 answers:
Korolek [52]2 years ago
7 0

Answer:

as the price of a good increases,the quantity supplied decreases

Ann [662]2 years ago
6 0

Answer:

I think it's B

Explanation:

Because there are increasing opportunity costs of production.

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Information for Basic Factory, Inc., as if December 31 follows:
gavmur [86]

Answer:

Basic Factor, Inc.

Cost of Goods Manufactured statement for the year ended December 31:

Opening Raw Materials Inventory = $88,000

Direct Materials = $180,000

Total cost of raw materials available = $268,000

Less Closing Raw Materials Inventory = $68,000

Cost of raw materials used in production = $200,000

Opening goods in process inventory = $25,000

Cost of raw materials used in production = $200,000

Direct Labour = $88,000

Factory Supplies = $9,500

Total Direct Cost = $322,500

Less closing goods in process inventory = $29,800

Prime Cost = $292,700

add Fixed Factory Cost:

Depreciation of Equipment = $27,000

Factory Rent = $20,000

Factory Utilities = $16,000

Factory Insurance = $17,000

Cost of Manufactured Goods = $372,700

Explanation:

Cost of manufactured goods is the managerial accounting term used to describe the total cost incurred in producing goods.  It includes not only the variable costs, but also the fixed costs of production.

A step-by-step method of preparing the statement of Cost of Manufactured Goods (COGM) yields the costs of raw materials available for production, the cost of raw materials used, the total direct cost, and the prime cost.

8 0
3 years ago
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the u
stich3 [128]

Answer:

$30.39 per machine hour

Explanation:

Giannitti corporation has an estimated machine hours of 36,000

The estimated variable manufacturing overhead is $3.01 per machine hour

The estimated total fixed manufacturing overhead is $1,058,040

The first step is to calculate the the predetermined overhead rate

= 36,000 + 3.01 + 1,058,040

= $1,094,043.01

Therefore the predetermined overhead rate can be calculated as follows

= 1,094,043.01/36,000

= $30.39 per machine hour

Hence the predetermined overhead rate for the recently completed year is closest to $30.39 per machine hour

5 0
3 years ago
Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sal
ElenaW [278]

Answer:

Please find the attached file for the complete solution:

Explanation:

3 0
2 years ago
Norris Enterprises, an all-equity firm, has a beta of 2.0. The chief financial officer is evaluating a project with an expected
Genrish500 [490]

Answer:

d. The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.

Explanation:

The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.

4 0
3 years ago
Compared to the B2C process, the information search and alternative evaluation steps in the B2B process are: decentralized. less
ivolga24 [154]

Answer:

The correct answer is More formal and structured.

Explanation:

Also known as Business-to-consumer, that is why its acronym B2C refers to the commercial activity between a business and an individual consumer.

While this applies to any type of direct sales business to the consumer, it has been associated with online sales, also known as e-commerce. The e-commerce took off significantly in the late 1990s, with the Christmas shopping season of 1998 identified as the first “Christmas e-tail”. That year Amazon surpassed the billion in sales for the first time.

In recent years, the growth of those of online business-to-consumers have created significant challenges for businesses and services that are losing personal sales to their online competitors.

As a result, many businesses have established their own online presence to remain competitive. This has created opportunities for consumers, who can enjoy the convenience of ordering online while saving shipping costs with certain stores picking up or sending orders to the online store.

7 0
3 years ago
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