Answer:
Income Statement is attached in the pictures.
Explanation:
Answer:
C. No, it will increase cost by $100.
Explanation:
Z Corp. can make three individual deliveries to three different customers at a cost of $500 each
Given that:
Cost of shipment = $1300
Cost of each delivery = $500
Stop of charge = $100 per stop
Total cost if for individual delivery to three different customers = 3($500) = $1500
Since they are three different customers, the total stop charge = 3($100)
cost for consolidating them into one shipment= $1300 + 3($100) = $1300 + $300 = $1600
Therefore there is an increase in cost of $1600 - $1500 = $100
Answer:
a. $3,520.
Explanation:
The computation of the amount of maintenance cost allocated to the Cutting Department is given below:
= maintenance cost ÷ total floor space excluding maintenance cost
= $20,000 ÷ 6,250 × 1,100
= $3,520.
hence, the option is A.$3,520.
The 6,250 comes from
= 1,100 + 2,100 + 3,050
= 6,250
Answer:
The answer is: D) The quotation is incorrect: A decrease in price causes a decrease in quantity supplied, not a decrease in supply.
Explanation:
A decrease in the price of a product or service will always decrease the quantity supplied and increase the quantity demanded of the product. The terms supply and demand apply to the entire curve, not an specific point in them.
For example, the equilibrium point for milk is 5 million gallons sold at $3 each. If the government suddenly decides that it will place a price ceiling for milk at $2 per gallon (may use argument that it is a necessity good essential for the well being of children) the quantity demanded for milk will rise but the quantity supplied will fall.
That is because not every dairy business will be able to produce and sell milk at $2 and still make a profit (or meet their expected profit levels), so they will either lower their milk production (make substitute products) or go out of business.
