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2 years ago

When firms are said to be price takers, it implies that if a firm raises its price,.

Business

1 answer:

Alex73 [517]2 years ago

4 0

Answer:

when films are said to be prize takers in implies that if you raises its price a buyers will go else where

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The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta

Naddik [55]

Answer:

$11.165 unfavorable

Explanation:

The formula to compute the variable overhead efficiency variance is shown below:

= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour

where,

Actual direct labor hours is 2,975

And, the standard direct labor hours equal to

= 250 units × 9

= 2,250

Now put these values to the above formula

So, the value would equal to

= (2,975 - 2,250) × $15.40

= $11.165 unfavorable

6 0

3 years ago

Griffin goat far inc has sales of 666000, depreciation expense of 72000, interest expense of 46000, nad a tax rate of 24 percent

Helen [10]

In a condition where Griffin Goat Far Inc., has sales of 666000, depreciation expense of 72000, interest expense of 46000, and a tax rate of 24 percent, the net income of this firm will be $416,480.

<h3>What is the significance of net income?</h3>

The net income can be referred to or considered as the surplus difference between the gross income and the expenses plus taxes of an organization for a given period.

Using the given information, it can be interpreted that,

Net Income = 666,000 – (72,000 + 46,000) – 24%

Net Income = 666,000 – 118,000 – 24%

Net Income = 548,000 – 24%

Net Income = $416,480

Therefore, the significance regarding the net income has been aforementioned.

Learn more about net income here:

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6 0

1 year ago

The yield to maturity (YTM) on 1-year zero-coupon bonds is 8% and the YTM on 2-year zeros is 9%. The yield to maturity on 2-year

yarga [219]

Answer:

Arbitrage opportunity may exists as the ZCBs selling at different price at same time due to change in their YTM .

The PV of 100 face value zcb with different ytm are different , in this case.

for one year maturity with face value 100 current price = fv/ pv at 8% = 92.59

for Two year maturity with face value 100 current price = fv / Pv at 9% for two years = 84.167 , if the bond holder sell the bond after 1 year only, the price = 91.74 .

a) The arbitrage opportunity exist with buy two bond with face value 100 with maturity of 1 year and face value 110 with maturity of 2 years.

b) profit 0.01 , as difference between PV of both bond at their YTM rate.

3 0

3 years ago

What type of relationship do a lawyer and a client have?

VMariaS [17]

Business related purpose. There is no serious connection just lawyer to client and client to lawyer

7 0

3 years ago

Nancy has been asked to prepare a presentation for her class that compares the market share data of three breakfast cereals from

tresset_1 [31]

Bar graph and ur welcome bby