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3 years ago

When production reflects consumer preferences, __________ occurs?

1 answer:

7 0

<span>When production reflects consumer preferences, "a</span>llocative efficiency" occurs.

Allocative efficiency is a condition of the economy in which production shows customer inclinations; specifically, every good or services is delivered up to the point where the last unit gives a marginal advantage to buyers equivalent to the minor cost of production.

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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $

gulaghasi [49]

Answer:

81%

Explanation:

Calculation for the markup percentage to variable cost that should be used

Using this formula

Markup percentage=[(Target profit + Fixed overhead costs + Fixed administrative costs) / Total variable costs

Let plug in the formula

Markup percentage=[($22*15,000 units)+$13,500+$21,000]/$30×15,000)

Markup percentage=($330,000+$13,500+$21,000)/$450,000

Markup percentage=$364,500/$450,000

Markup percentage=0.81*100

Markup percentage=81%

Calculation for Total variable costs

Variable product cost per unit $19

Variable administrative cost per unit $11

Total variable costs =$30

Therefore the markup percentage to variable cost that should be used will be 81%

8 0

4 years ago

Which of these tax forms reports an employee's yearly social security tax withheld?

Bezzdna [24]

Answer:

It is form W-2. It is a form ofthe Internal Revenue Service (IRS) tax document utilized as a part of the United States to report compensation paid to workers and the assessments withheld from them. Managers must finish a Form W-2 for every representative to whom they pay a pay, wage, or other remuneration as a component of the business relationship.

Explanation:

brainliest plzzzzz

6 0

3 years ago

Who is a person who works and provides services for a fee, but not a full-time employee

topjm [15]

The correct answer should be C. contractor

hope this helped!

7 0

3 years ago

Read 2 more answers

A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th

ruslelena [56]

Answer:

75,000 equivalent units

Explanation:

Calculation to determine What were the equivalent units of production for conversion costs for the month of March

First step is to calculate completed and transferred units

Completed and transferred units =5,000 + 70,000 − 25,000

Completed and transferred units = 50,000

Now let determine the equivalent units for direct materials cost

Using this formula

Equivalent units for direct materials cost =100% of the completed units + 100% of the ending inventory

Let plug in the formula

Equivalent units for direct materials cost= (50,000 × 100%) + (25,000 × 100%)

Equivalent units for direct materials cost=50,000+25,000

Equivalent units for direct materials cost=75,000

Therefore the equivalent units of production for conversion costs for the month of March is 75,000

3 0

3 years ago

The management fee for most mutual funds ranges between ______ percent.

Kazeer [188]

Hello!
.
The answer to your question is "0.25 to 2".
.
The management fee for most mutual funds ranges between 0.25 to 2 percent.
:)

7 0

3 years ago

When production reflects consumer​ preferences, __________ occurs?

When production reflects consumer preferences, __________ occurs?