Answer:
$900
Explanation:
The computation of the total cost for both making and buying the cookies is given below:
But before that the variable cost per unit is
= (Cost of goods sold - fixed cost) ÷ (sales units)
= ($13,500 - $4,500) ÷ ($180,000 ÷ 6)
= $3
now the total cost is
= 300 × $3
= $900
The correct answers to this open question are the following.
1. What do you think would be the most difficult steps in conducting a "time study"
When you have a time study in the workplace, this means that the work process is going to be measured to establish the appropriate times to carry on the work's activities. So the most difficult steps of this kind of study would be the training of the people who are going to conduct the study, the experience they have to show in knowing the correct way to do the processes in the company, and the standards that are going to be the marker of the study.
2. Have you encountered any "time" standards are recommendations from employers in jobs that you have worked on?
Yes, basically in manufactured plants where engineers and Directors of Operations put a special emphasis on time and movement. These people are specialists in establishing the proper time needed and the necessary steps in the process.
3- Did you or would you be motivated by "time" standards?
Yes, because once you understand the value of time and the importance of not wasting any time, it allows you to be more productive in your work.
Answer:
Option (C) is correct.
Explanation:
Given that,
ABC company: cost of producing a dozen of eggs = 50 cents
XYZ company: cost of producing a dozen of eggs = 70 cents
When the price of a dozen eggs increases from 55 cents to 75 cents,
Producers surplus for ABC company:
= Revenue - Cost
= 75 - 50
= 25 cents
Producers surplus for XYZ company:
= Revenue - Cost
= 75 cents - 70 cents
= 5 cents.
It is the only price level at which both the companies have greater revenues than costs. It means that they both have profits.
It will increase the producer surplus of both the companies.
Answer:
A) different types of travelers have different elasticities of demand
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand can range from elastic to inelastic.
Demand is price elastic if a small change in price has a greater effect on the quantity demanded.
Demand is price inelastic if a change in price has little or no effect on quantity demanded.
Airline industry tends to give discounts to customers with a more elastic demand to increase their demand.
I hope my answer helps you
Investors would be the answer