A cash budget<span> is a </span>budget<span> or plan of expected </span>cash<span> receipts and disbursements during the period. These </span>cash<span> inflows and outflows include revenues collected, expenses paid, and loans receipts and payments. In other words, a </span>cash budget<span> is an estimated projection of the company's </span>cash<span> position in the future.</span>
"Stock prices decrease" is the one among the following choices given in the question that <span>often happens to stock prices when a recession in the economy is in the future. The correct option among all the options that are given in the question is the second option or option "B". I hope the answer helps you.</span>
Answer:
$14,160 F
Explanation:
The computation of the labor efficiency variance is shown below:
As we know that
Labor Efficiency Variance = (Standard Hours - Actual Hours) × Standard Rate
where,
Standard hours is
= 3,400 units × 0.5 hours
= 1,700 hours
And, the actual hours is 520 hours
And, the standard rate is $12
So, the labor efficiency variance is
= (1,700 hours - 520 hours) × $12
= $14,160 favorable
Since standard hours is more than the actual hours so it would lead to favorable variance
Answer:
At 10 robot hours producing 50 sprocket It maximizes his profit to $ 6,100
At a price of 50 per sprocket Casey will drop production to 10 where it can still earn a gain of 100 dollars.
Explanation:
K = 10
MC = 50(q/k) = 50(q/10)
The profit maximization point is that marginal cost = marginal revenue
MR = 250
MR = MC
250 = 50(q/10)
250/50x10 = q = 50
Revenue: 250 x 50 = 12,500
Cost: (25q^2)/K+15K = 25(50^2)/10 + 15*10
C = 6,250 + 150 = 6,400
Profit: 12,500- 6,400 = 6,100
If price drops to 50 and already hired 10 robo hours:
Then:
50 = 50(q/10)
50/50*10 = q = 10
Revenue: 50 x 10 = 500
Cost (25q^2)/K+15K = 25(10^2)/10 + 15*10
C = 250 + 150 = 400
Profit: 500 - 400 = 100
Answer:
Option (a) is correct.
Explanation:
France can produce four phones or three computers:
Opportunity cost of producing one phone = (3 ÷ 4)
= 0.75 computers
Opportunity cost of producing one computer = (4 ÷ 3)
= 1.33 phones
Sweden can produce one phone or two computers:
Opportunity cost of producing one phone = (2 ÷ 1)
= 2 computers
Opportunity cost of producing one computer = (1 ÷ 2)
= 0.5 phones
Therefore,
France has a comparative advantage in producing phones because of the lower opportunity cost of producing it than Sweden. France should specialize in producing phones and import computers from Sweden.
Sweden has a comparative advantage in producing computers because of the lower opportunity cost of producing it than France. Sweden should specialize in producing computers and import phones from France.
