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Dovator [93]
1 year ago
7

calculate the opportunity cost of producing the first 10 missiles. 4. calculate the opportunity cost of producing the last 10 mi

ssiles.
Business
1 answer:
Luda [366]1 year ago
8 0

Milk in 6 million gallons

Milk Missiles (Millions of Gallons)

0 40 \s 10 34 \s 20 27 \s 30 19 \s 40 10 \s 50 0

The economic benefit of manufacturing the final 10 missiles should be calculated.

10,000,000,000 gallons of milk

Milk Missiles (Millions of Gallons)

0 40 \s 10 34 \s 20 27 \s 30 19 \s 40 10 \s50 0

What would it imply if the economy was in its initial state?

Points inside the curve indicate inefficiency, waste, and underutilization of capacity.

Read the second point carefully.

Since we are measuring in physical units, a point outside the curve indicates that something is impossible.

given available resources and technology, unattainable (and time). If we were calculating in money, it

would imply price increases or inflation.

To know more about inflation click here

brainly.com/question/29308595

#SPJ4

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Crane Company can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muff
Makovka662 [10]

The question is reproduced in the table below for clarity                        

                               Oven                                  Contribution

                         Hours Required                 Margin Per Unit

Muffins                        0.2                                           $4

Coffee Cakes        0.3                                        $5

Answer:

Total contribution margin = $ 60,000.00

Explanation:

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in  such a way that it maximizes the contribution per unit of the scare resource.</em>

Therefore Crane Company should alocate the oven hours to maximise the contribution per unit of oven hour. This is done as follows:

Step 1

<em>Calculate he contribution per oven hour and rank the product</em>

                                                                      cont/hr                   ranking

Muffin                        $4/0.2 hour =              20                     <em> 1st</em>

Coffee cakes                 $5/0.3 hour=        16.67                      2nd

<em>Because Muffin generates the highest contribution per hour of Oven, Crane should allocate all the resource to it</em>

Step 2

<em>Calculate the Total contribution from the production of Muffin</em>

Total contribution margin = 20 per her × 3000

                                        = $ 60,000.00

8 0
3 years ago
Read 2 more answers
An account related with another account on the financial statements that 1) directly reduces the related account and 2) has an o
VLD [36.1K]

Answer:

Contra account.

Explanation:

A contra account is an account that has an opposite of what is the normal balance for the class of such an account. a company would be able to report the original amount and in so doing also be able to report the reduction and then what is the net amount would be reported. in other words such an account is used to reduce the value of another related account. And thereafter the net value is what is going to be reported.

6 0
3 years ago
Workers in europe get approximately ______ weeks of vacation a year, whereas workers in the united states average approximately
kupik [55]
In Europe, here are 22 paid vacation days and 13 paid when on holidays. Summing up, that could be a total of 4 weeks of vacation. While on the other hand, the United States as only 16 vacation days, both paid and unpaid, and that could be a total of around 2 weeks of vacation only.
5 0
3 years ago
Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1
topjm [15]

Answer:

Following are the journal entries for Setterstrom Company;

<u>May 01</u>

Debit: Petty cash  = $100.00

Credit: Cash = $100.00

<u>Jun 01 </u>

Debit: Delivery Expense  = $31.25

Debit: Postage Expense  = $39.00

Debit: Miscellaneous Expense  = $25.00

Debit: Cash over/short (Balance amount)  = $3.00

Credit: Petty Cash ($100 - $1.75)  = $98.25

<u>Jul 01</u>

Debit: Delivery expense  = $21.00

Debit: Entertainment expense = $51.00

Debit: Miscellaneous expense = $24.75

Credit: Petty Cash ($100 - $3.25) =  $96.75

<u>Jul 10 </u>

Debit: Petty cash  = $30.00

Credit: Cash = $30.00

8 0
3 years ago
Which best explains why someone would be better qualified for a job in programming versus a job in information support?
qwelly [4]
The correct answer is: programmers need advanced knowledge in operating system. The skills in manipulating software and creating the necessary programs to facilitate the goals of the company is what's needed from a programmer more than someone who is in the information support department.
5 0
3 years ago
Read 2 more answers
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