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Eduardwww [97]
3 years ago
10

The manufacturing cost of Calico Industries for three months of the year are provided below:

Business
1 answer:
Delvig [45]3 years ago
4 0

Answer:

b. $0.40 per unit and $8,000

Explanation:

High low method separates the fixed cost and variable cost using net of Highest activity level and Lowest activity level and net of their relevant costs.

According to High low method

Variable cost per unit = ( Highest activity cost - Lowest activity cost ) / ( Highest Activity - Lowest activity )

Variable cost per unit  = ( $120,000 - $74,000 ) / ( 280,000 - 165,000 )

Variable cost per unit  = $46,000 / 115,000

Variable cost per unit  = $0.4

Fixed operating cost = Total cost - Total Variable cost = $120,000 - ( 280,000 x $0.4 ) = $8,000

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Other things the same, if prices fell when firms and workers were expecting them to rise, then a. employment and production woul
Trava [24]

Answer:

d. employment and production would fall.

Explanation:

Economic agents have expectations about the parameters of an economy, such as price, inflation, unemployment rate, etc. If the price falls while economic agents expect the opposite, in the short run production and employment tend to increase. This is because investment decisions had already been made. However, in the medium and long term, economic agents realize that price expectations have not been confirmed and market parameters adjust. Thus, in the face of falling prices, there will be less demand. With lower demand, there will be a decrease in production and thus the employment rate decreases.

4 0
3 years ago
50 POINTS AND BRAINLIEST
Vikentia [17]

Answer: sorry i took long

3. the time lost looking at both items

4. The cost of growing peppers, compared to the cost of growing tomatoes.

5.The net value to Kendra of going to Samuel's house to play games.

6. $150

9. The producers decide what should be produced.

10. Producers decide what should be produced.

11. property rights - producers can own or rent the building they manufacture in

12. A student learns to make web pages and starts making websites for local small businesses.

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4 0
2 years ago
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
yKpoI14uk [10]

Answer:

                                                                  Product A   Product B  Product C

Sales value after further processing       $494,940   $656,030   $248,820

(14,600*$33.90), (22,700*$28.90),

(5,800*$42.90)

Costs of further processing                      <u>$91,990</u>     <u>$133,305</u>    <u>$62,660</u>

Benefits of further processing                 $402,950   $522,725   $186,160

Less: Sales value at split-off point           <u>$408,800</u>   <u>$499,400</u>   <u>$197,200</u>

(14,600*$28.00), (22,700*$22.00),

(5,800*$34.00)

Net advantage / (Disadvantage)            <u>$(5,850)</u>     <u>$23,325 </u>      <u>$(11,040)</u>

6 0
3 years ago
You deposit $100 in an account that pays 6 percent annual interest, compounded quarterly. What will your deposit grow to in 3 ye
Burka [1]

Answer:

$119.56

Explanation:

We will use compound interest formula to solve this problem.

The formula is:

F=P(1+r)^t

Where

F is the future value

P is the present amount

r is the rate of interest per period

t is the number of periods

Here,

F is the value we want, after 3 years

P is the present amount, $100

r is the rate of interest per quarter (per period)

Given r = 6% annually, so that would make:

6%/4 = 1.5% per quarter, or 1.5/100 = 0.015

Also, t is the number of quarters in 3 years, that would be 4*3 = 12

Now, substituting, we get our answer:

F=P(1+r)^t\\F=100(1+0.015)^{12}\\F=100(1.015)^{12}\\F=119.56

The first answer choice is right, $119.56

3 0
3 years ago
Roxanne has developed a new adult milk beverage that is enhanced with vitamins. there has never been a product like this before
KIM [24]
For the answer to the question above, I think that
Roxanne is likely to use the <u><em>"Test market"</em></u> <span>method to forecast demand. </span>
I hope my answer helped you. Have a nice day!
8 0
3 years ago
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