Equilibrium quantity must decrease when demand

Which of the following costs is a mixed cost? a. straight-line depreciation on factory equipment b. electricity costs of $3 per

Ksenya-84 [330]

Answer:

correct option is d. rental costs of $10,000 per month plus $0.30 per machine hour of use

Explanation:

solution

The combined cost is one in which the factor is variable and constant.

Sometimes, even the total cost is difficult to separate.

The chosen option also includes a fixed cost that costs $ 5,000 per month.

The cost per hour of the machine increases 0.30 per hour.

This is variable because the entire machine depends on the number of hours used.

The other three are completely variable, such as salary, and are not deductible or cost of electricity.

3 0

4 years ago

Simpson Micro owns warehouses that stock computer software. They offer net terms to retail stores, offer specials and promotions

Tpy6a [65]

Answer:

Specialty line

Explanation: Specialty kine is a business term which tries to describe the line of product or services of which a person or a business entity is good at. This can be in the sale of Consumer goods,or in the distribution of a particular product or the marketing of a give set of product etc.

SIMPSON MICRO HAS A SPECIALTY LINE THAT HAS TO DO WITH THE SALE AND HANDLING OF COMPUTER SOFTWARES, Specialty lines help to allow the product line where it's.business have a good experience.

6 0

4 years ago

g The Nite Lite Factory produces two products - small lamps and desk lamps. It has two separate departments - finishing and prod

almond37 [142]

Answer:

$7.20

Explanation:

Given the following :

FINISHING department :

overhead budget = $550,000

direct labor HOURS = 500,000

PRODUCTION department :

overhead budget = $400,000

direct labor hours = 80,000

Predetermined allocation rate for finishing department :

Overhead / allocation base = ($550,000 / 500,000) = $1.10 per direct labor hour

Predetermined allocation rate for production department :

Overhead / allocation base = ($400,000 / 80,000) = $5 per direct labor hour

If the budget estimates that a desk lamp will require 2 hours of finishing and 1 hour of production:

Finishing department :

(2 × Predetermined allocation rate for finishing department)

= (2 × $1.10) = $2.20

Production :

(1 × Predetermined allocation rate for production department)

= (1 × $5). = $5

Total = ($2.20 + $5) = $7.20

3 0

3 years ago

pdf Suppose that the pound is pegged to gold at £20 per ounce and the dollar is pegged to gold at $35 per ounce. This implies an

Tasya [4]

Answer:

1) Buy 10 ounces of gold with the 350 dollars

2) Sell the 10 ounces of gold for £200

3) Exchange £200 for 360 dollars

Explanation:

Due to the difference between the exchange rate in gold and currency, a 2.1% (1.80 / 1.75) advantage can be obtained.

You start in the gold market with 350 dollars which are equal to 10 ounces of gold which are equal to £200. This according to the gold prices, witch generate a 1.75 exchange rate.

Then you go to the financial market where the exchange rate is larger (1.80) and with the £200 you get 360 dollars.

6 0

3 years ago

Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and th

KatRina [158]

Answer:

Annual depreciation= $165,000

Explanation:

<u>First, we need to calculate the accumulated depreciation at the end of 2020:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

<u>Now, the annual depreciation with the revised information:</u>

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

8 0

3 years ago