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3 years ago

Hours of labor or number of workers are common ways of measuring a company's_______?

1 answer:

4 0

<span>Hours of labor or number of workers are common ways of measuring a company's_______?
</span><span>
Productivity

</span>

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Suppose the government imposes a price ceiling above the equilibrium price of a given good. d)Which of the following is the most

r-ruslan [8.4K]

Answer:

c)No change will occur in the market.

Explanation:

A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.

5 0

3 years ago

Amber, Inc. provides the following information for 2019: Net income $ 330 comma 000 Market price per share of common stock $ 6

Levart [38]

Answer:

The earnings per share for 2019 is $1.78

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income) ÷ (weighted number of outstanding shares)

where,

Net income = $330,000

Weighted number of outstanding shares = (Beginning balance of common stock + ending balance of common stock) ÷ 2

= (160,000 shares + 210,000 shares) ÷ 2

= 185,000 shares

Now put these values to the above formula

So, the value would equal to

= $330,000 ÷ 185,000 shares

= $1.78 per share

6 0

3 years ago

Zhang Industries budgets production of 300 units in June and 310 units in July. Each finished unit requires 4 pounds of raw mate

Mekhanik [1.2K]

Answer:

The budgeted cost of purchases for raw material K for June is 1,212 pounds.

Explanation:

Computation of budgeted cost of purchase for raw material is shown below

= Required production + ending raw material inventory - opening raw material inventory

where,

Required production = June units × required units

= 300 × 4 pounds

= 1,200 pounds

Ending raw material inventory = 30 % of July units × required units

= 30% × 310 units × 4 pounds

= 372 pounds

Opening raw material inventory = 360 pounds

Now, put these values on the above equation

So, raw material purchase = 1,200 + 372 - 360 = 1,212 pound

Thus, the budgeted cost of purchases for raw material K for June is 1,212 pounds.

6 0

4 years ago

Imagine that the United States and Mexico produce only sugar and oil. The United States can produce a barrel of oil at an opport

r-ruslan [8.4K]

Answer:

Explanation:

If Mexico and the United States faced these opportunity cost, then to benefit from trade Mexico should specialize in producing OIL–. That is, UNITED STATES– would use some of the oil it produces and export the rest to MEXICO– in exchange for sugar. In order for the trade to be beneficial to both nations, the trade ratio must be between 2 and 3– tons of sugar per barrel of oil.

6 0

3 years ago

A firm has fixed costs (FC) of $10,000. Its variable costs (VC) to produce 5,000 widgets are $2,000 and to produce 10,000 widget

Akimi4 [234]

Answer:

The firm's total cost (TC) to produce 5,000 widgets is $12,000.

Explanation:

Total Cost : It is the sum of Fixed cost and Variable cost

where,

Variable cost is the cost which is change when production level changes. while, fixed cost is the cost which is fixed whether production level change or not.

The following information is given in the question:

1. Fixed cost = $10,000

2. Variable cost for 5,000 widgets = $2,000

3. Variable cost for 10,000 widgets = $3,000

The formula for calculating Total Cost to produce 5,000 widgets is shown below:

Total cost = Fixed cost + Variable cost

= $10,000 + $2,0000

= $12,000

Since, the question is asking for only $5,000 widgets and in the given question, the variable cost is given for $5,000 widgets is $2,000 . So, this variable cost is used and for the fixed cost the amount will be same.

Thus, The firm's total cost (TC) to produce 5,000 widgets is $12,000.

3 0

3 years ago