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3 years ago

The table below describes the market for dishwashers.

Business

1 answer:

zvonat [6]3 years ago

7 0

Answer:

The equilibrium daily wage rate is $150.

Explanation:

The equilibrium price and equilibrium quantity take place where the supply and demand curves intersect each other. The equilibrium take place when the quantity demanded is same as the quantity supplied.

Consider the data provided.

Wage per Quantity demanded Quantity supplied

day per day per day

$10 8,000 10

$25 5,000 500

$50 4,000 1,000

$100 3,500 2,000

$150 3,000 3,000

In this case, it is clear from the table that the quantity demanded is same as the quantity supplied when the wage per day is $150.

Also consider the graph attached.

The intersection point of the two graphs is at ($150, 3,000).

So, the equilibrium daily wage rate is $150.

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Keisha Tombert, the bookkeeper for Vaughn Consulting, a political consulting firm, has recently completed a managerial accountin

Serjik [45]

Answer:

$23,290.00

Explanation:

Preparation forn a schedule of cost of contract services performed

Supplies used on consulting contracts 1,940.00

Salaries of professionals working on contract 16,400.00

Service Overhead:

Janitorial services for professional offices 800.00

Insurance on contract operations 880.00

Utilities for contract operations 2,360.00

Depreciation on equipment used for contract work 910.00

Total service overhead 4,950.00

(800.00+880.00+2,360.00+910.00)

Cost of Contract Services Provided 23,290.00

(1,940.00+16,400.00+4,950.00)

Administrative expenses:

Supplies used in administrative offices 1,700.00

Depreciation on administrative office equipment 1,450.00

Salaries of administrative office personnel 8,690.00

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Insurance on administrative operations 930.00

Utilities for administrative offices 1,930.00

TOTAL 15,280

Therefore the schedule of cost of contract services performed will be 23,290.00

4 0

3 years ago

Kray Inc., which produces a single product, has provided the following data for its most recent month of operations:

Ilya [14]

Answer:

$76

Explanation:

The computation of Unit product cost under variable costing is shown below:-

Unit product cost under variable costing = Direct material + Direct labor + Variable manufacturing overhead

= $47 + $21 + $8

= $76

So, for calculating the Unit product cost under variable costing we simply added the direct material, direct labor and variable manufacturing overhead.

7 0

3 years ago

What are two examples of management information systems?

Anettt [7]

Answer:

process control systems, human resource management systems, sales and marketing systems, inventory control systems, office automation systems, enterprise resource planning systems, accounting and finance systems and management reporting systems.

Explanation:

8 0

3 years ago

How do stocks and bonds differ?

SIZIF [17.4K]

Answer:

The most suitable answer is Stocks may help you protect your money from inflation while bonds may be more susceptible to losing their value over time due to inflation.

Explanation:

Now remember, this is not "guaranteed" as stocks come with higher risks comparing to bonds, yet in US share market, stocks have performed well than the bonds overall. This is because stock prices fluctuate and if the company invested in is performing well, the share prices can sky rocket over a long period while in bonds you don't see this often as they are issued for a specific time and represents the debt capital.

6 0

3 years ago

"A firm finances itself with 30 percent debt, 60 percent common equity, and 10 percent preferred stock. The before-tax cost of d

Nutka1998 [239]

Answer:

WACC = Ke(E/V) + Kd(D/V)(1-T) + Kp(P/V)

WACC = 15(60/100) + 5(30/100)(1-0.3) + 10(10/100)

WACC = 9 + 1.05 + 1

WACC = 11.05%

Explanation:

Weighted average cost of capital is a function of cost of common stock and the proportion of common stock in the capital structure plus after-tax cost of debt and proportion of debt in the capital structure plus cost of preferred stock and the proportion of preferred stock in the capital structure. Ke = Cost of equity or common stock, kd = cost of debt and kp = cost of preferred stock.

7 0

3 years ago