1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sineoko [7]
1 year ago
6

The difference between the price charged for a product and the cost to manufacture it is referred to as the?

Business
1 answer:
JulijaS [17]1 year ago
5 0

Answer:

producer surplus

Explanation:

Producer Surplus

You might be interested in
A company had net income of $252,327. Depreciation expense is $21,821. During the year, Accounts Receivable and Inventory increa
Anettt [7]

Answer: Option (d) is correct.

Explanation:

Given that,

Net Income = $252,327

Depreciation expense = $21,821

Accounts Receivable increased by = $14,346

Inventory increased by  = $33,617

Prepaid Expenses decreased by = $3,079

Accounts Payable decreased by = $4,161

Loss on the sale of equipment = $5,398

Operating Income = Net Income + Depreciation expense - Accounts Receivable - Inventory + Prepaid Expenses - Accounts Payable + Loss on the sale of equipment

= $252,327 + $21,821 - $14,346 -  $33,617 + $3,079 - $4,161 + $5,398

= $230,501

7 0
3 years ago
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on whic
Orlov [11]

Answer:

9644

Explanation:

cost of paper on which a card is printed = $0.40 per card

cost of printing = $0.10 per card

profit made per card sold = $3.75

number of areas where customers are located (n)= 4

mean of customers from each region = 2300

standard deviation for each region = 200

note : each region is independent

The optimal production quantity for the card can be calculated going through these steps

first we determine

the cost of card = $0.10 + $0.40 = $0.50

selling value = $3.75

salvage value = 0

next we calculate for the z value

= ( selling value - cost of card) /  ( selling price - salvage value )

= ( 3.75 - 0.50 ) / 3.75  = 0.8667

Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV ( 0.8667 )

next we calculate

<em>u</em> = n * mean demand

  = 4 *  2300 = 9200

б = 200\sqrt{n} = 200 * 2

  = 400

Hence optimal production quantity for the card

= <em>u</em> + Z (0.8667 ) * б

= 9200 + 1.110926 * 400

= 9644.3704

≈ 9644

3 0
3 years ago
Which sentences describe characteristics of a partnership?
Dominik [7]
D sounds like the best answer
3 0
3 years ago
Read 2 more answers
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, a
Nikolay [14]

Complete question:

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp. are not actively traded. What amount of goodwill should be attributed to the non-controlling interest at the date of acquisition?

a. 150,000

b. 250,000

c. 0

d. 120,000

e. 170,000

Answer:

150,000 of goodwill should be attributed to the non-controlling interest at the date of acquisition

Solution:

A non-controlling interest (NCI) is a role in which a owner holds less than 50% of remaining and has little control over decisions. A minority ownership is often known as the minority interest. Non-controlling interests are calculated by their net worth and are not eligible for future right to vote.

Now , Calculate the amount

Cost(PP) - 1,600/0.8 = 2,000

FV - 1,850

GW = 1,850 - 2,000

     = 150,000

8 0
3 years ago
The two dimensions of the competing values framework are
Wewaii [24]

Answer: The two dimensions of the competing values framework are the internal focus and imagination and the flexibility and discretion.

Explanation: There are 2 dimensions but 4 models within the competing values framework. The reason this model is called the competing models framework is because each model conflicts the message of another. These framework models do not agree and often times compete for what the best option to make is.  

4 0
3 years ago
Other questions:
  • Which stage involves assigning meaning to events? Organization Selection Interpretation-Evaluation
    8·1 answer
  • HURRY!!!!
    5·1 answer
  • Identify two different forms of income that are taxable
    14·1 answer
  • Assume you have collected the following data for your project. Its budget is $75,000 and it is expected to last 4 months. After
    11·1 answer
  • Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo
    12·1 answer
  • Janet Boyle intends to deposit $300 per year in a credit union for the next 10 years, and the credit union pays an annual intere
    8·1 answer
  • concord corporation purchased a new machine on may 1, 2012 for $559200. at the time of acquisition, the machine was estimated to
    11·1 answer
  • If the direct materials price variance is $500 favorable, and the direct materials quantity variance is $250 unfavorable, the jo
    15·1 answer
  • Tickets for a concert cost $35 for balcony seats and $75 for floor seats. Tickets at the same venue for a theatrical production
    6·2 answers
  • Your credibility with the reader of a persuasive message will not be enhanced by?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!