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vladimir1956 [14]

3 years ago

13

The table above shows the demand schedules for looseminus−leaf tea of two individuals (sunil and mia) and the rest of the mark

et. at a price of $5, the quantity demanded in the market would be

1 answer:

pogonyaev3 years ago

3 0

The answer to the table above would be 63 lbs

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Blue Spruce Corp. purchased equipment for $17400 on December 1. It is estimated that annual depreciation on the computer will be

Paul [167]

Answer:

a. debit Depreciation Expense $ 290

credit Accumulated Depreciation $ 290

Explanation:

The depreciation has to be calculated for the month of December i.e one month.

The annual depreciation per the question is $ 3,480 so the monthly depreciation expense is $ 290.

The depreciation expense account is debited, and the credit is to accumulated depreciation account. The equipment account is not credited directly, This is to show the costs and the accumulated depreciation separately.

The equipment on the balance sheet is shown as net of accumulated depreciation.

8 0

4 years ago

Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000

coldgirl [10]

Answer:

Beck Inc. and Bryant Inc.

Beck Inc. Bryant Inc.

a. Operating leverage 0.4 0.1

b. Increase in income $19,710 (27%) $35,100 (18%)

c. The difference in the INCREASE of income from operations is due to the difference in the operating leverages. Beck Inc.'s HIGHER operating leverage means that its fixed costs are a HIGHER percentage of contribution margin than are Bryant Inc.'s.

Explanation:

a) Data and Calculations:

Beck Inc. Bryant Inc.

Sales $219,400 $585,000

Variable costs 88,000 351,000

Contribution margin $131,400 $234,000

Fixed costs 58,400 39,000

Income from operations $73,000 $195,000

Total costs $146,400 $390,000

Operating leverage 1.8 1.2

Operating leverage = Contribution Margin/Income from operations

Increase in Sales by 15%

Beck Inc. Bryant Inc.

Sales $252,310 $672,750

Variable costs 101,200 403,650

Contribution margin $151,110 $269,100

Fixed costs 58,400 39,000

Income from operations $92,710 $230,100

Increase in income $19,710 (27%) $35,100 18%

3 0

3 years ago

Fatima works in a bakery and earns $120 per week. Fatima’s grandfather has given her $5,000. Fatima is going to use this money t

Brums [2.3K]

1). The four factors that would be involved in Fatima's bakery business would be:

Land or the place where she would prepare and pack the cakes.
Labor who would be involved in the production of the cakes.
Capital that would be invested to incur the costs of the production.
Entrepreneurship is the 'art of employing innovation and risk-taking in the business for making profits.'

2). The opportunity cost of Fatima's decision to run her own bakery business would be her weekly earning of $120 per week as it is the cost of the most valuable forgone opportunity.

3). Fatima's business would assist the customers in meeting their 'wants' as she assists them in fulfilling their special and personalized demands for cakes for their various occasions like weddings, festivals, or birthdays and not for regular meals.

Learn more about 'opportunity cost' here:

brainly.com/question/13036997

6 0

3 years ago

A company incurs costs of $75 ($67 variable and $8 fixed) to make a product that normally sells for $120. A customer offers to b

elena-14-01-66 [18.8K]

Answer:

C : accept the offer because it will produce net income of $12,600.

Explanation:

In this question we have to compare the cost which is presented below:

In the first case

The variable cost would be

= Number of units buys × variable cost per unit

= 4,200 units × $67

= $281,400

And, the selling cost would be

= Number of units sold × selling price per unit

= 4,200 units × $70

= $294,000

So, the difference would be

= $294,000 - $281,400

= $12,600

3 0

4 years ago

A cut in direct taxes on households' income

seraphim [82]

Answer:

d. Shifts the aggregate demand curve to the right

Explanation:

A cut in tax on household's income increase the aggregate demand and therefore shifts the aggregate demand curve to the right. When taxes are decreased, income available for making purchases increases, thus, increasing the consumption in the economy.

5 0

3 years ago