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Lina20 [59]
3 years ago
6

Which of the following would shift the supply of Green Bay Packers football jerseys to the left? a. The Green Bay Packers make i

t to the Super Bowl. b. The price of the jerseys increases by $15. c. The technology of sewing machines use to make the jerseys improves. d. The cost of the fabric used to make the jerseys increases.
Business
1 answer:
azamat3 years ago
3 0

Answer:

Explanation:

The situation that would shift the supply of Green Bay Packers football jerseys to the left is when the cost of the fabric used to make the jerseys increases.

A change in a supply is shown as a shift of the supply curve.

Factors that causes a shift in the supply curve include <u>prices of factors of production</u>, returns from alternative activities, technology, seller expectations, natural events, and the number of sellers.

In the scenario, the cost of the fabric used to make the jerseys increases and will cause suppliers to make less jerseys given that all other things remain constant because given the same amount of money they will only be able to buy fewer raw materials which will lead to making fewer jerseys

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Dali Company has 15,000 shares of stock authorized on January 1. Dali issues 4,500 shares to the stockholders during the year an
olga2289 [7]

Answer:

3,000

Explanation:

Data provided in the question:

Number of shares authorized = 15,000

Number if shares issued = 4,500

Number of shares repurchased = 1,500

Now,

Total shares outstanding =  Shares issued - Shares repurchased

or

Total shares outstanding = 4500 - 1,500

or

Total shares outstanding = 3,000

Hence,

3,000 shares are outstanding at December 31

4 0
3 years ago
Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard quantity 2.5
nydimaria [60]

Answer:

Materials quantity variance = $1,750(U)

Explanation:

Standard quantity(SQ) = $2.5 * 6600 = 16500 Kg

Standard Price( SP) = $5  

Actual quantity(AQ) = 16,850 Kg  

Actual Price( AP) = $90,720 / 18,900 kg = $4.8

Materials quantity variance = SP * (SQ - AQ)  

Materials quantity variance = 5 * ( 16500 - 16,850 )

Materials quantity variance = 5 * (350)

Materials quantity variance = $1,750(U)

7 0
3 years ago
Assume the world market for oil is competitive and that the marginal cost of producing​ (extracting and bringing to​ market) ano
xz_007 [3.2K]

Answer:

The economic surplus will decrease by $2.20

Explanation:

$81.40 and $79.20 are <em>marginal </em>cost and benefit, which are the changes to total costs and total benefits due to producing and consuming one additional barrel of oil.

They can be used to calculate <em>change </em>to economic surplus, which is the change to the net economic value received by society, which is given by:

marginal benefit - marginal cost = $79.20 - $81.40 = - $2.20

7 0
3 years ago
Reedy Company reports the following information for 2012:
asambeis [7]

Answer:

Ending WIP= $13,500

Explanation:

<u>First, we need to calculate the factory overhead:</u>

Factory overhead= 25,000*0.75= $18,750

<u>Now, the ending WIP inventory:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

68,250 = 11,000 + 27,000 + 25,000 + 18,750 - Ending WIP

Ending WIP= $13,500

4 0
3 years ago
4. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. TIP
AlexFokin [52]

The most important factor in the work process or industry is to retain the interest of the employee. And to retain them, their salary or profit must be adjusted to the best value. Unless the employee does not do his job properly, employees must receive bonuses or benefits to ensure them to stay in the company. It will actually make them stay longer, make them feel important and reduce costs for hiring new employees.

6 0
3 years ago
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