Answer and Explanation:
The computation is shown below:
(a) Standard direct materials price per pound of raw materials is
= Purchase price + freight in + receiving and handling
= $3 + $0.50 + $0.20
= $3.70
(b) Standard direct materials quantity per gallon is
= Required material + allowance for waste and spoilage
= 3.50 pounds + 0.80 pounds
= 4.30 pounds
(c) Total Standard direct materials cost per gallon is
= Standard direct materials price per pound of raw materials × Standard direct materials quantity per gallon
= $3.70 × 4.30 pounds
= $15.91
We simply applied the above formulas
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Answer:
Although consumer and producer surplus changes are the same under quotas and tariffs, tariffs are preferable because the government can redistribute the tariff revenue to offset most of the deadweight loss.
Explanation:
Answer:
This quantitative difference between nuclear and conventional weapons means that if nuclear weapons were used, they would alter key features of warfare—in particular, its duration, the targeting of noncombatants, and even the military relationship between winning and losing sides in a conflict.
Explanation:
Answer:
Full Business Considerations
Efficient Facilities
A Cost-Effective Advertisement
He must Define his Services
He must outline his Service Prices
Carry out interviews for New Clients
With all of these steps being adhered to, Philippe's business will indeed be great!