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3 years ago

When producers do not have to pay the full cost of producing a product, they tend to?

1 answer:

6 0

When producers do not have to pay the full costs of producing a product, they tend to OVER PRODUCE THE PRODUCT BECAUSE OF A SUPPLY SIDE MARKET FAILURE.
When producers are required to pay less than their cost of production for manufacturing their products they tend to produce more products, this is because, producing more products will cost less in production costs compare to if they are required to pay the full cost of production.

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Garfield Corp. expects to sell 1,300 units of its pet beds in March and 900 units in April. Each unit sells for $110. Garfield’s

Pani-rosa [81]

Answer:

$62,800

Explanation:

Following Garfield Corp's policy, the number of pet beds that must be purchased, assuming no initial inventory, is given by the expected number of sales in March (1,300 units) added to 30% of the expected sales in April (30% of 900 units):

$n=1,300 +(0.3*900)\\n=1,570\ units$

Since the company purchases each pet bed for $40, total budgeted purchases are:

$P=\$40*n=\$40*1,570\\P=\$62,800$

Garfield Corp's total budgeted purchases for March are $62,800.

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3 years ago

Swifty Company purchased equipment for $256,800 on October 1, 2020. It is estimated that the equipment will have a useful life o

enot [183]

Answer:

a. Straight line method.

Depreciation per annum = ($ 256,800 - $12,000 ) / 8 = $ 30,600.

Depreciation for 2020 = $ 30,600 * ( 3 /12 ) = $ 7,650.

b. Units of output

Depreciation per unit = ( $ 256,800 - $ 12,000 ) / 48,000 = $ 5.1

Depreciation for 2020 = 1,000 * $ 5.1 = $ 5,100.

c. Working hours.

Depreciation per hours = ( $ 256,800 - $ 12,000 ) / 20,400 = $ 12

Depreciation for 2020 = 600 * $ 12 = $ 7,200.

D. Sum of digits method

Sum of years = 8 ( 8 +1 ) / 2 = 36.

Year - 1 used ( 3 / 12 = 0.25)

Year-2 used ( 12 / 12 = 1 )

Remaining ( 8 - 1 - 0.25 = 6.75)

Depreciation for 2022 = ($ 256,800 - $ 12,000 ) * ( 6.75 / 36 )

Depreciation for 2022 = $ 45,900.

e. Double declining balance

Depreciation rate = 200 / 8 = 25 %.

Depreciation for 2020 = $256,800 * 25 % * (3 /12)

Depreciation for 2020 = $16,050.

Depreciation for 2021 = ( $256,800 - $ 16,050) * 25%

Depreciation for 2021 = $60,188.

3 0

3 years ago

A new coffee machine costs $50,850 and the finance office has quoted you an Annual Percentage Rate (APR) of 5.9%, compounded mon

LenKa [72]

Answer:

6.062189766%

Explanation:

$(1+\frac{.059}{12})^{36}=(1+i)^3\\$

5 0

3 years ago

What are some of the ethical concerns that come to mind for companies seeking to sell to the bottom of the pyramid?

lions [1.4K]

Explanation:

There are certain ethical concerns for some companies seeking to sell products to the bottom of the pyramid. This is associated with problems like appropriate Products where the concerns are related to the creating of the products which are created in the same way. Companies like Nestle and Nike had faced issues and also ethical scrutiny for their charges of such exploitation in the developing countries.

There are other ethical concerns which are related to advertising and misrepresentation of their products and their services.

These companies understands the characteristics of the advertising and potential dangers that are related to their product.

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3 years ago

Having recently purchased a new computer, Jake will invest in _____ that will protect his computerfrom data corruption, pop-up a

kaheart [24]

Answer:

C. anti spyware

Explanation:

this is a type of program designed to prevent and detect unwanted spy program installation and to remove the programs if installed. it will also protect computers from data corruption, pop-up ads, hackers , identity theft and other online - related threats.

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4 years ago