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3 years ago

Suppose that in the price of corn feed used to raise pigs increases. what will happen in the market for bacon?

Business

2 answers:

tia_tia [17]3 years ago

6 0

Bacon would cost more since it would cost more to raise a pig

hjlf3 years ago

3 0

Answer: The price for bacon will increase.

Explanation:

If the cost of production or any factor of production such as labor, raw materials, equipment increases, the quantity that producers are willing to supply at a given price decreases and this will increase the price of finished products. From the question, The price of Bacon will skyrocket since the price of feeds used to feed the pigs are increased.

Because if the cost of production increase, prices will increase as well because the producers are spending more money to make that product.

They are spending more money than they usually do to feed the pigs, this will make them sell the pigs at a higher price and when those that makes bacons purchase at this high price, they will at a higher rate than they used to, to consumers.

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The journal entry for a sale on account under the periodic inventory system includes: Multiple choice question. a debit to sales

madam [21]

Answer:

a debit to accounts receivable and a credit to sales.

Explanation:

A periodic inventory system can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

Under a periodic inventory system, updates of the journal entry for cost of goods sold (sales) would include debiting accounts receivable and crediting sales on a periodic basis.

Additionally, the periodic system of inventory is a function of the cost of goods sold.

5 0

3 years ago

When you market Medicare Advantage and Part D plans, what may you offer as a gift to induce enrollment in a plan

umka21 [38]

When you market Medicare Advantage and Part D plans, what you may offer as a gift to induce enrollment in a plan is: You may provide gifts to all enrollees during an event that is not above $15 in retail value.

<h3>What is Medicare Advantage marketing?</h3>

Medicare is a medical coverage and Medicare Advantage marketing can be defined as the way of marketing the plan to people and telling them the advantage of the plan including what they will benefit if they enroll for the plan.

Based on the given scenario you may offer either gift items or prizes to all potential enrollees that is not above $15 in retail value so as to convince them to enroll.

Therefore When you market Medicare Advantage and Part D plans, what you may offer as a gift to induce enrollment in a plan is: You may provide gifts to all enrollees.

Learn more about Medicare here:brainly.com/question/1960701

#SPJ1

4 0

2 years ago

Levy Inc. manufactures tractors for agricultural usage. Levy purchases the engines needed for its tractors from two sources: Joh

aev [14]

Answer:

Levy Inc.

Watson = $1,096.60 per engine

Johnson = $1,015.30 per engine

Johnson is the low-cost supplier.

Explanation:

a) Data and Calculations:

Johnson Engines Watson Company Total

Price of engine per unit $1,000 $900

Annual demand 4,000 18,000 22,000

Activity Cost

Replacing engines a $800,000

Expediting orders b 1,000,000

Repairing engines c 1,800,000

Watson Johnson Total

Engines replaced by source 1,980 20 2,000

Late or failed shipments 198 2 200

Warranty repairs (by source) 2,440 60 2,500

Activity Cost Rate:

Replacing engines a $800,000/2,000 = $400

Expediting orders b 1,000,000/200 = $5,000

Repairing engines c 1,800,000/2,500 = $720

Activity-based Supplier Cost per Engine

Watson Johnson

Replacing engines a $400 $792,000 ($400*1,980) $8,000 ($400*20)

Expediting orders b $5,000 990,000 ($5,000*198) 10,000 ($5,000*2)

Repairing engines c $720 1,756,800 ($720*2,440) 43,200 ($720*60)

Total supplier-related costs $3,538,800 $61,200

Total price 16,200,000 4,000,000

Total cost $19,738,800 $4,061,200

Cost per engine $1,096.60 $1,015.30

3 0

3 years ago

JRN Enterprises just announced that it plans to cut its dividend payout in the next year (Div1) from $3.00 to $1.50 per share an

NeX [460]

Answer:

21.42

Explanation:

rE= Div1 / P0+ g

= 3.00/ 25.50 + .04

= 0.15% or 15%

Solve for new stock price:

P0= Div1 / (rE- g)

= 1.50/ (0.15- .08)

=1.50/0.07

= 21.42

Therefore assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcement is closest to: 21.42

7 0

3 years ago

Hector Aguerra is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in Saud

MaRussiya [10]

Answer:

Explanation:

Hector is best suited to work as as a sales or advertising agent due to his high selling skills. Sales agents are usually paid in commissions. He would also be able to earn the type of money he wants by choosing the number of hours he chooses to work

6 0

3 years ago