All categories

4 years ago

Match each scenario with its effect on the PPC.

1 answer:

5 0

- A manufacturing unit uses all its resources efficiently. A point on the original PPC

- Andrew has 5 hours to complete his homework but uses only 3 hours, so he doesn’t complete it. The PPC shifts to the left

- A country acquires part of its neighboring country. The PPC shifts to the right

You might be interested in

XYZ Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $65 per direct manufacturing labo

anzhelika [568]

Answer:

Total production costs= $57,500

Explanation:

Giving the following information:

Estimated manufacturing overhead rate= $65 per direct manufacturing labor-hour.

Direct materials of $35,000

250 direct manufacturing labor-hours at $25 per hour

First, we need to allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 65*250= $16,250

Now, the total production costs:

Total production costs= 35,000 + 25*250 + 16,250

Total production costs= $57,500

8 0

3 years ago

Your great grandfather left you a trust will pay you an annual payment of $200 today but the annuity will grow at an annual rate

Mrac [35]

Answer:

The annuity is worth $5,000 today

Explanation:

We solve using the growing perpetuity formula for present value:

$Principal = \frac{C}{r - g} \\Where: \\$r = interest rate\\g = grow rate$

r = 0.06

g = 0.02

C = $200

$200/(0.06-0.02) = 200/.04 = $5,000

4 0

3 years ago

Read 2 more answers

Three individuals, Mary, Jack and Helen, make up the total demand for donuts per month in a particular market.

Paraphin [41]

The market demand curve would be 1000 - 0.125Q.

<h3>How to calculate the demand curve?</h3>

It should be noted that the market demand curve will be the sum of the individual demand curve.

The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM

Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.

The slope will be:

= 0.5 × 0.25

= 0.15

The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

5 0

2 years ago

What are some of Meghann Ackerman's favorite parts of her job?

mrs_skeptik [129]

Answer:

Refer below.

Explanation:

Favorite parts are:

The customers (funders) and clients (singular philanthropic staff) are extraordinary to work with. I can be open about being an individual of confidence when suitable. The assortment of my assignments every day.

7 0

4 years ago

Read 2 more answers

Start with the beginning balances for these T-accounts: Accounts Receivable, $100,000, Allowance for Uncollectible Accounts,

iren [92.7K]

Answer:

T-accounts:

The ending balances of Accounts Receivable and Allowance for Uncollectible Accounts are:

Accounts Receivable = $75,000

and

Allowance for Uncollectible Accounts = $17,000

Explanation:

Accounts Receivable

Accounts Title Debit Credit

Balance $100,000

Service Revenue 697,000

Cash $714,000

Uncollectible written off $8,000

Balance $75,000

Allowance for Uncollectible Accounts

Accounts Title Debit Credit

Balance $14,000

Uncollectible written off $8,000

Uncollectible Expense 11,000

Balance 17,000

7 0

3 years ago