An economy produces only apples and oranges. The base year is 2012, and the table gives the quantities produced and the prices

Dustin and Quinn were given an apple pie and a chocolate cake, and need to divide them. Dustin values the apple pie at $6 and th

MatroZZZ [7]

Answer:

Quinn values the apple pie at $4 and the chocolate cake at $10 = total $14

since one "half" will only be chocolate, he needs $7 out of chocolate = 7/10 of the chocolate cake.
the other "half" will include 3/10 of chocolate cake and the whole apple pie = (3/10 x $10) + $4 = $3 + $4 = $7

If Dustin chooses the second "half" he will receive 3/10 of chocolate cake and the whole apple pie = (3/10 x $4) + $6 = $1.20 + $6 = $7.20

8 0

3 years ago

Berne, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per

Vladimir [108]

Answer and Explanation:

As per the data given in the question,

Flexible manufacturing overhead budget

Activity level :

Machine hours 2,000 hours 3,000 hours 4,000 hours

Variable costs :

Indirect labor $5 $10,000 $15,000 $20,000

Indirect material $2.50 $5,000 $7,500 $10,000

Maintenance $0.80 $1,600 $2,400 $3,200

Utilities $0.30 $600 $900 $1,200

Total variable cost $22,600 $25,800 $34,400

Fixed costs :

Supervision $800 $800 $800

Insurance $200 $200 $200

Property taxes $300 $300 $300

Depreciation $900 $900 $900

Total Fixed cost $2,200 $2,200 $2,200

Total Cost $24,800 $28,000 $36,600

3 0

3 years ago

Marketers segment broad markets into smaller target segments based on a variety of _____.

scZoUnD [109]

Market segmentation is the process of dividing a larger market into smaller groups (segments). Marketers segment broad markets into smaller target segments based on a variety of based on meaningfully shared characteristics.
These characteristics can be behavioral, geographic and demographic.

7 0

3 years ago

Kaskin, Inc., stock has a beta of 1.2 and Quinn, Inc., stock has a beta of 0.6. Which of the following statements is most accura

Anastaziya [24]

Answer:

The equilibrium expected rate of return is higher for Kaskin than for Quinn.

Explanation:

Option A “The equilibrium expected rate of return is higher for Kaskin than for Quinn” is more accurate because the expected return is calculated by multiplying the risk premium with beta value and then adding with risk-free return. However, if the beta value is high, then the magnitude after multiplying with the risk premium will be high. Moreover, is magnitude will be added to risk-free return to find the expected return. Thus, it can be seen that Kaskin has high beta 1.2 as compared to Quinn’s beta value 0.6. So, the Kaskin has a higher expected return.

6 0

3 years ago

Bond co. is using the target cost approach on a new product. information gathered so far reveals: expected annual sales 400,000

Bezzdna [24]

The target selling price per unit is $0.77, According the accounting books I have search,using this solution: ($168,000 divided by 400,000) + $0.35= $0.77.Target costing is an approach in most company to know a product’s life cycle cost in which it is sufficient to develop specified functionality and quality.

5 0

3 years ago