Answer:
$8
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
Consumer surplus = willingness to pay - price
The consumer surplus of the 10th scarf :
Willingness to pay for the 10th scarf - price of the scarf
Willingness to pay for the 10th scarf = $200 / 10 = $20
Consumer surplus = $20 - $12 = $8
I hope my answer helps you
Answer:
Option (B) is correct.
Explanation:
Given that,
Accounts receivables = $1,500,000
Allowance for doubtful accounts = $90,000
Expected uncollectibles = $125,000
The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.
Accounts receivable amount expected to be collected after adjustment for bad debt expense:
= Accounts receivables - Expected uncollectibles
= $1,500,000 - $125,000
= $1,375,000
Answer:
Option (b) is correct.
Explanation:
(a) Net Income:
= Revenues - Expenses
= $77,000 - $48,600
= $ 28,400
(b) Retained earnings :
= Net Income - Dividend
= $ 28,400 - $7,700
= $20,700
(c) Stockholders' Equity:
= Total assets - Total Liabilities
= 185,000 - $105,000
= $80,000
Therefore, the retained earnings at December 31, 2016 were $20,700.
Answer: 36 seconds.
Explanation:
Based on the information given in the question, the Taktzeit for the ice-cream scoopers will be calculated thus:
First and foremost, Taktzeit refers to the time taken between the beginning of production for one unit and the beginning of the next unit.
From the information given, the available Time is 1 hour which can be converted to secunds and this will be:
1 hour = 3600 seconds
Hourly Demand = 100
Then, the takzeit will be:
= 3600/100
= 36 seconds
