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3 years ago

Me. Gareth owns a toy-manufacturing company. Which of these items in his company is an intermediate good?

Business

2 answers:

kakasveta [241]3 years ago

5 0

Well it is a toy manfacturing company and the intermediate good would be a toy plane

Vladimir [108]3 years ago

4 0

C. Plastic Sheets because everyone needs them

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Sylvan, the seller, and Eric, the buyer, have signed an option agreement, which is an offer to purchase a specific piece of real

Anton [14]

Answer:

"Unilateral" would be the right choice.

Explanation:

A contract wherein the assessment would be offered less than by several other party candidates is indeed a unilateral document. In several other sentences, aware of the side effects in one less manner.
One such kind of decisionmaker has been begun taking by one of the other factions, government agencies, or regions associated with a specific situation, another without consent of everybody else.

5 0

3 years ago

Which of the following scenarios is typically an appreciating asset?

Aleksandr [31]

I'm pretty sure it's D- All of the above

6 0

3 years ago

Which document is necessary for nearly everyone who applies for a job?

mestny [16]

I think it is an application OR a resume. That is usually what is necessary for applying for a job.

6 0

3 years ago

The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upc

serious [3.7K]

Answer:

1 & 2. Purchases of Raw Material

Purchases in grams Cost

Quarter 1 68,250 $ 81,900

Quarter 2 82,250 $ 98,700

Quarter 3 75,250 $ 90,300

Quarter 4 60,500 $ 72,600

Full year $ 343.500

3. Expected Cash disbursements

Quarter 1 $ 54,740

Quarter 2 $ 91,980

Quarter 3 $ 93.660

Quarter 4 $ 79,680

Total Year payments $ 320,060

4. Total cost of Direct Labor

Quarter 1 $ 27,900

Quarter 2 $ 37,200

Quarter 3 $ 34,100

Quarter 4 $ 31,000

Total Year for direct labor $ 130,200

Explanation:

Computation of raw material purchases

Raw material consumption

Qtr No of Units per qtr Total Requirement

1 9,000 * 7 gms per unit = 63,000 gms

2 12,000 * 7 gms per unit = 84,000 gms

3 11,000 * 7 gms per unit = 77,000 gms

4 10,000 * 7 gms per unit = 70,000 gms

Total Year 294,000 gms

Raw Material Purchases for each quarter

Purchases = Closing inventory + Consumption - Opening inventory

1 21,000 (84,000gms * 25 % ) + 63,000 - 15.750 = 68,250 gms

2 19,250 (77,000gms* 25 %) + 84,000 - 21,000 = 82,250 gms

3 17,500 ( 70,000gms* 25 %) + 77,000-19,250 = 75,250 gms

4 8,000 ( As per data) + 70,000-17.500 = 60,500 gms

Total year purchases = = 286,250 gms

Cost of purchases

Quarter 1 68,250 gms * $ 1.20 = $ 81,900

Quarter 2 82,250 gms * $ 1.20 = $ 98,700

Quarter 3 75,250 gms * $ 1,20 = $ 90,300

Quarter 4 60,500 gms * $ 1,20 = $ 72,600

Total purchases $ 343,500

Computation of cash disbursements for purchases

Quarter 1 Payments = Opening Payables + 60 % of quarter 1

$ 5,600 + ( 60 %* $ 81,900) = $ 5,600 + $ 49,140 = $ 54,740

Quarter 2 payments

(40 % of quarter 1) + ( 60 % of quarter 2)

($ 81,900 * 40 %) + ( $ 98,700 * 60 %)

$ 32,760 + $ 59,220 = $ 91,980

Quarter 3 payments

(40 % of quarter 2) + ( 60 % of quarter 3)

($ 98,700 * 40 %) + ( $ 90,300 * 60 %)

$ 39,480 + $ 54,180 = $ 93.660

Quarter 4 payments

(40 % of quarter 3) + ( 60 % of quarter 4)

($ 90,300 * 40 %) + ( $ 72,600 * 60 %)

$ 36,120 + $ 43,560 = $ 79,680

Total payments for purchases for the year $ 320,060

Computation of direct labor cost

No of units * Estimated Direct labor hours * Labor rate per hour

Quarter 1 = 9,000 * 0.20 per unit * $ 15.50 = $ 27.900

Quarter 2 = 12,000 * 0.20 per unit * $ 15.50 = $ 37.200

Quarter 3 11,000 * 0.20 per unit * $ 15.50 = $ 34.100

Quarter 4 10,000 * 0.20 per unit * $ 15.50 = $ 31.000

Total cost for Direct labour $ 130,200

8 0

3 years ago

Consider two markets: the market for cat food and the market for dog food. The initial equilibrium for both markets is the same,

Yakvenalex [24]

Answer:

Elasticity of supply for dog food = 0.95

Explanation:

From the question, we have:

New quantity supplied of dog food = 107.0

Old quantity supplied of dog food = Initial equilibrium quantity = 21.0

New price = $8.75

Old price = Initial equilibrium price = $1.50

Generally, the formula for calculating the elasticity of supply is as

follows:

Elasticity of supply = Percentage change in quantity supplied / Percentage change in price ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in quantity supplied of dog food = {(New quantity supplied of dog food - Old quantity supplied of dog food) / [(New quantity supplied of dog food + Old quantity supplied of dog food) / 2]} * 100 = {(107.0 - 21.0) / [(107.0 + 21.0) / 2]} * 100 = 134.375%

Percentage change in price = {(New price - Old price) / [(New price + Old price) / 2]} * 100 = {(8.75 - 1.50) / [(8.75 + 1.50) / 2]} * 100 = 141.463414634146%

Substituting the values into equation (1), we have:

Elasticity of supply for dog food = 134.375% / 141.463414634146% = 0.94989224137931

Approximated to 2 decimal places, we have:

Elasticity of supply for dog food = 0.95

6 0

2 years ago