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shusha [124]
3 years ago
14

At a price of $15, consumers demand 100 shirts and producers supply 50 shirts. So at this price, there is a (an)

Business
1 answer:
Elanso [62]3 years ago
5 0

in this example, consumers are willing to buy more than producers are willing to make, this means there is a deficit/shortage.

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Inventory Valuation under Absorption Costing
GarryVolchara [31]

Answer:

1. There are 2,600 units in ending inventory.

2. Costs per unit under absorption costing $ 123

3.Value of ending inventory  $  319,800

Explanation:

Calculation of Ending inventory units.

Ending Inventory Units : Opening Units + Units produced - units sold

300 + 15,000 - 12700 = 2,600 units

Calculation of per unit cost under absorption costing

Under absorption costing, direct manufacturing costs as well as indirect factory overheads are considered.

Per  units costs

Direct Materials                  $ 20

Direct Labour                     $ 60

Variable overhead             $ 13

Fixed Overhead                $ 30

Total costs per unit          $ 123 under absorption costing

Calculation of ending inventory under absorption costing

The ending inventory calculated earlier of 2.600 units is multiplied by the per unit costs of $ 123 per unit to get the value of the ending inventory

$123 * 2600 units  = $ 319,800

8 0
3 years ago
A bond par value is $1,000 and the coupon rate is 5.1 percent. The bond price was $946.02 at the beginning of the year and $979.
Licemer1 [7]

Answer:

the bond's real return for the year is 6.18 %.

Explanation:

First find the nominal return of the bond then the real return as follows :

PV = - $946.02

Pmt = $1,000 × 5.10% = $51

P/yr = 1

FV = $979.58

n = 1

r = ?

Using a Financial Calculator, the nominal return of the bond, r is 8.9385 %.

Real Return = ( 1 + nominal return) / (1 + inflation rate) -1

                   =  (1 + 0.089395) / (1 + 0.026) - 1

                   = 0.0618 or 6.18 %

6 0
3 years ago
How is production related to supply
Mnenie [13.5K]

Answer:

A. higher production results in a greater supply

Explanation:

3 0
4 years ago
Read 2 more answers
Refer to Scenario 5.3. On Eaton's website, the firm segments its product offerings as aerospace, filtration, hybrid power, elect
just olya [345]

Answer:

C. product use

Explanation:

Based on the information provided within the question it can be said that in this scenario Eaton most likely adopted a product use segmentation strategy. This strategy basically focuses on finding the selling the same products but in different variations for different uses in many markets. Which is what Eaton's website seems to be doing by offering the same product to different markets such as aerospace, hydraulics, and electrical.

3 0
4 years ago
Writers should use words carefully and construct sentences skillfully to emphasize main ideas and de-emphasize minor ideas. Choo
Alexxandr [17]

Answer:

Option b is correct.

Explanation:

The statement in option ''b" is the correct option for laying emphasis on the main idea and de-emphasizing the minor ideas, that is;

"First, please make the changes to the second section of the proposal changes, and then have Jane proofread the entire proposal."

The above statement is a detailed one and shows the step by step instructions or requirements;

1." First, please make the changes to the SECOND SECTION of the proposal changes.''

The SECOND SECTION the writer mentioned lay emphasis on the second section of the proposal CHANGES AND NOT THE WHOLE.

2. "and then have Jane proofread the ENTIRE proposal"

The writer wants Jane to do the PROOFREADING of the ENTIRE proposal.

4 0
3 years ago
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