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1 year ago

suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family,

1 answer:

4 0

Suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family: hamburgers and ketchup are complements.

<h3>What is complementary goods ?</h3>

Complementary goods can be defined as those goods or product that complement each others because they add value to each others or goods that are combine or use together by consumer or end user.

Hamburgers and ketchup are complementary goods based on the fact that the demand for ketchup increases when the price of hamburgers decreases.

Therefore suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family: hamburgers and ketchup are complements.

Learn more about Complementary goods here:

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Can we imagine life without trade?Why or why not? Explain in briefly.

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Explanation:

we need to trade in order to get different products because we cannot make everything ourselves.

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2 years ago

JumpIn Products is a market leader in playground equipment, which is typically large, bulky, and very heavy. In order to compete

Stels [109]

Answer:

3. Low value-to-weight ratio.

Explanation:

Value to weight ratio is a measure under supply chain management which represents the monetary value of a product per kilogram or pound.

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3 years ago

Inventory Control and Planning Neilsen Cookie Company sells its assorted butter cookies in containers that have a net content of

xenn [34]

Answer:

48,497.42 containers

Explanation:

The economic order quantity (EOQ) is a model that is used to determine the optimum order size that minimizes the balance of carrying and ordering cost.

This model can also be modified to determine the optimum batch quantity, that is the number of units to produced in a production run. The model is given below

EOQ = √2× Co× D/Ch

EOQ - economic production run, Co- set up cost per run, Ch- carrying cost per unit per year, D- demand

EOQ = 2 √2× 490× 1,200,000/0.5

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Neilsen should produce 48,497.42 containers per production run in order to minimize the production cost

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3 years ago

Bentley estimates manufacturing overhead of $3,251,600 for 2013 and will apply overhead to units produced based on 739,000 machi

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Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated overhead= $3,251,600

Estimated machine-hours= 739,000

During 2013, Bentley used $1,640,000 of raw materials, paid $5,335,800 of direct labor, generated 734,000 machine hours, and produced 2,190,000 units.

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 3,251,600/739,000

Predetermined manufacturing overhead rate= $4.4 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 4.4*734,000= $3,229,600

Finally, we can determine the total cost and unitary cost:

Total cost= 1,640,000 + 5,335,800 + 3,229,600= $10,205,400

Unitary cost= 10,205,400/2,190,000= $4.66 per unit

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3 years ago

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This answer is True

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2 years ago

suppose that when the price of hamburgers​ decreases, the ruiz family increases their purchases of ketchup. to the ruiz​ family,

suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family,