Answer:
e. decrease its level of table production
Explanation:
MC = 200.
Market price = 150 which cannot be changed by any firm.
MC is greater than price = MR then in order to maximise profit MR has to be equal to marginal cost
MC has to be decreases to $150 which is possible only when it reduces output.
Answer:
A. $287,000
B. $192,050
Explanation:
a. Based on the information givenwe were told that company ABC had net income of the amount of $287,000 after deducting Robert's salary of the amount of $86,100 which therefore means that ROBERT'S QUALIFIED BUSINESS INCOME will be the amount of $287,000.
b. Calculation to determine whether your answer to part (a) would change if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $181,050
Based on the information given the amount of $192,050 will be the additional amount of salary that can be deducted which is Calculated as:
=[$287,000 - ($181,050-$86,100)]
=$287,000-$94,950
=$192,050
When you establish value for service, you are making sure the value that customers want to receive are equal to the benefits after cost that they value you the product at. When you create this for a consumer, you are more likely to gain their business long term. To differentiate from competition and create this, offering programs for their consumers, making sure they are giving their consumers what they want and creating a quality product are all ways to create value.
Answer:
3200 tonnes
Explanation
Production of rice in 2001 =1000 tonnes
% rice to total production = 25%
Total production =100/25 *1000 = 4000 tonnes
2002 production of rice decrease by 4%
Decrease = 4% * 1000 = 40
Production of rice =960
% production of rice increase by 5% = 25%+5%= 30%
Total food production 100/30*960 =3200 tonnes
Answer:
$82,500
Explanation:
To calculate the direct labor cost that Sperling Company must record for the month of March we must multiply the total number of units produced times the number of hours required for producing one unit times the labor cost of one hour.
= 11,000 units x 0.5 hours per unit x $15 per hour = $82,500