Which are possible employers in the Financial career cluster? Check ALL that apply.

If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the areaâ€™s real estate values

love history [14]

Answer:

Supply and demand

Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

6 0

3 years ago

Which of the following accurately describes total cost?a) It is the sum of the list price and incentives and allowances.b) It is

maksim [4K]

Answer:

It is the sum of the fixed costs and variable costs.

Hope this helps!

6 0

3 years ago

Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Tota

balu736 [363]

Answer:

Tatum Company

1. The carrying value of inventory at December 31, 2021, assuming the LCNRV rule is applied to individual products is:

= $ 303,000

2. Adjusting Journal Entry:

Debit Cost of Goods Good $38,000

Credit Inventory $38,000

To write-down the value of ending inventory.

Explanation:

a) Data and Calculations:

Product Total Cost Total Net Realizable Value LCNRV

101 $ 136,000 $ 108,000 $ 108,000

102 99,000 118,000 99,000

103 68,000 58,000 58,000

104 38,000 58,000 38,000

Total $ 341,000 $ 342,000 $ 303,000

Write-down:

Cost of inventory = $341,000

LCNRV of inventory 303,000

Inventory write-down $38,000

8 0

3 years ago

during its first year of operations, silverman company paid $11,440 for direct materials and $9,900 for production workers' wage

algol13

The amount of finished goods inventory on the balance sheet at year-end is $11,880

What is the cost of producing 5,600 units?

The cost of producing the finished goods of 5,600 units is the sum of direct materials, workers' wages and lease payments and utilities on the production facilities

total production costs=direct materials+ production workers' wages+ lease payments and utilities on the production facilities

total production costs=$11,440+$9,900+$8,900

total production costs=$30,240

cost per unit=$30,240/5,600

The finished goods inventory is units produced minus the units sold

finished goods inventory=5600-3400

finished goods inventory=2,200

finished goods inventory on the balance sheet=2200*$30,240/5,600

finished goods inventory on the balance sheet=$11,880

Find out more about inventory valuation on:brainly.com/question/17230868

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4 0

1 year ago

Two fatal flaws can render a business model untenable from the beginning. These are:

zavuch27 [327]

Answer:

The correct answer is the option A: failure to complete a business plan and failure to get funding.

Explanation:

To begin with, if an entrepreneur failures to complete a business plan and to get funding then the most probable thing to happen is that his business will be untenable from the beginning due to the fact that if the person do not possesses money and a plan to put his ideas in action he will never achieve his primary goals, that is, obtaining profits at long term. Therefore that if there is no business plan in which the company must focus and there is no money to carry out that strategy then the business model is doomed.

6 0

3 years ago