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ValentinkaMS [17]

2 years ago

12

Consider the information below for a purely competitive firm : if output is two units, then mr > mc > avc and output shoul

d be _________ .

1 answer:

just olya [345]2 years ago

4 0

Consider the information below for a purely competitive firm : if output is two units, then mr > mc > avc and output should be <u>increased</u>.

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Which loan type requires you to make loan payments while you’re attending school?

allsm [11]

Student Loans is the correct answer

8 0

3 years ago

Last month Peggy Company had a $42,028 profit on sales of $331,200. Fixed costs are $83,828 a month. What sales revenue is neede

valina [46]

Answer:

Break-even Sales revenue =$220,600

Explanation:

<em>B</em><em>reakeven point is the level of activity that equates the total cost to the total revenue.</em>

<em>At the break-even point the business makes no profit and no loss</em>.

Break-even point = Total fixed cost for the period / Contribution margin ratio

<em>Contribution margin = total contribution/ total sales</em>

<em>Contribution = Fixed cost + profit</em>

Contribution = $42,028 + $83,828

= $125,856.00

<em>Contribution to sales ratio</em>

= (125,856.00 /331, 200) × 100

= 38%

Break-even sales revenue = $83,828/0.38

=$220,600

3 0

4 years ago

Read 2 more answers

Zira Co. reports the following production budget for the next four months. April May June July Production (units) 642 670 676 65

Liula [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Production (units):

April= 642

May= 670

June= 676

July= 656

Each finished unit requires four pounds of raw materials.

Desired ending inventory= 40% of next month’s production needs.

Beginning raw materials= 1,027 pounds.

Direct materials= $4 per pound.

We need to use the following formula to calculate the purchases:

Purchases= production + desired ending inventory - beginning inventory

<u>April (In pounds):</u>

Production= 642*4= 2,568

Ending inventory= (670*4)*0.4= 1,072

Beginning inventory= (1,027)

Total= 2,613

Total cost= 2,613*4= $10,452

<u>May (In pounds):</u>

Production= 670*4= 2,680

Ending inventory= (676*4)*0.4= 1,082

Beginning inventory= (1,072)

Total= 2,690

Total cost= 2,690*4= $10,760

<u>June (In pounds):</u>

Production= 676*4= 2,704

Ending inventory= (656*4)*0.4= 1,050

Beginning inventory= (1,082)

Total= 2,672

Total cost= 2,672*4= $10,688

8 0

3 years ago

Zira Co. reports the following production budget for the next four months. April May June July Production (units) 455 570 560 54

soldier1979 [14.2K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The production budget for the next four months.

April= 455 units

May= 570 units

June= 560

July= 540 units

Each finished unit requires five pounds of raw materials.

The company wants to end each month with raw materials inventory equal to 30% of next month’s production needs.

Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound.

Materials required= Production for the month + ending inventory - beginning inventory

April (In pounds):

Production for the month= 455*5= 2,275

Ending inventory= 570*0.30= 171*5= 855

Beginning inventory= (63)

Total pounds= 3,067

Total cost= 3,067*4= $12,268

May (in pounds):

Production for the month= 570*5= 2,850

Ending inventory= 560*0.30= 168*5= 840

Beginning inventory= (855)

Total pounds= 2,835

Total cost= 2,835*4= $11,340

June (in pounds):

Production for the month= 560*5= 2,800

Ending inventory= 540*0.30= 162*5= 810

Beginning inventory= (840)

Total pounds= 2,770

Total cost= $11,080

3 0

3 years ago

In an economy where the money supply and aggregate demand have been decreased by the central bank, you know that the central ban

natima [27]

In an economy where the money supply and aggregate demand have been decreased by the central bank, you know that the central bank is using a contractionary monetary policy.

In an economy, changes in the money supply leads to changes in aggregate demand. An increase in the money supply increases aggregate demand and a decrease in the money supply decreases aggregate demand.

When a central bank takes action in order to decrease the money supply and increase the interest rate, it is following a contractionary monetary policy. Thus, the central bank requires Southern to hold 10% of deposits as reserves.

Hence, the decrease in the money supply reduces income and raises the interest rate.

To learn more about aggregate demand here:

brainly.com/question/24319248

#SPJ4

4 0

2 years ago