Answer: Choice A
Explanation:
A mixed cost is a cost that consists of both the fixed and the variable component. An example is utility.
It should be noted that as the level of activity increases, the mixed cost in total will increase while mixed cost per unit will reduce. This is because there'll be an increase in unit which will ideally lead to reduction in the per unit while total mixed cost increase.
Answer:
$6 per bushel
3 thousand bushels
Explanation:
The equilibrium price is the price for which the quantities demanded and supplied are the same, regardless of the price floor.
The equilibrium quantity is given by:
The equilibrium price is:
At market equilibrium, the price is $6 per bushel, and the equilibrium quantity is 3 thousand bushels.
Answer:
$375,000
Explanation:
New Navy Stores Co. had Merchandise Inventories of $150,000 on January 1st. During the year, the company purchased $230,000. A count of the inventory on December 31st, found total inventories remaining of $105,000.
The Cost of goods sold for the year is derived by
Beginning Inventory .........150,000
Add: Purchases..................230,000
Goods Available for sale..480,000
Less: Ending Inventory......105,000
Cost of Goods Sold...........375,000
Answer:
=$398.16
Explanation:
Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.
If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.
= 58% of 252 + 252
= (58/100 x 252 ) + $252
=$146.16 +252
=$398.16
Based on the given scenario above, I believe that it is FATIGUE or OVER FATIGUE that has caused what Tyler is experiencing now. He has been exerting too much physical and mental energy on all his works and this built up pressure on him and reached to the point that he felt extreme tiredness. Hope this answers your question.