Answer:
$77,000
Explanation:
Calculation to determine what The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:
Administration=$80,000×[100/(150 + 100)] Administration=$32,000
Maintenance=$100,000×[36,000/(44,000 + 36,000)]
Maintenance=$45,000
Total$ 77,000
($32,000+$45,000)
Therefore The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:$77,000
Answer:
The credit period is the number of days that a customer is allowed to wait before paying an invoice
Explanation:
This indicates the amount of working capital that a business is willing to invest in its accounts to generate sales
Answer:
a. is liable to purchasers as a manufacturer/seller of toys.
Explanation:
Mattel is the producer of the toys even if it was it's manufacturer in China that made the toys. Using lead paint can lead to poisoning of children. So the toys produced can be considered to be harmful and defective.
The manufacturer of a product has a product liability on every good delivered to the consumer. Product liability is that borne by the manufacturer of a good for putting defective product in the hand of the consumer.
So for any damage or health issues that come up as a result of use of the toys, Mattel is liable.
Answer:
The computation of given question is shown below:-
Explanation:
One year ago
Quantity supplied = 600 + 4P
Quantity demanded = 9,000 - 8P
600 + 4P = 9000 - 8P
Price one year ago = $700
Quantity one year ago = 3,400
Current market:-
Quantity supplied = 4200 + 4P
Quantity demanded = 9,000 - 8P
4,200 + 4P = 9,000 - 8P
Price for current market = $400
Quantity for current market = 5,800
C(Q) = 1,200 + 15Q2
A representative firm in a competitive market would produce steel where MC = P
MC = dC ÷ dQ = 30Q
The raw steel does a representative firm produce when the market price is $700
30Q = 700
Q = 23.33
The raw steel does a representative firm produce when the market price is $400
30Q = 400
Q = 13.33
