Answer:
B
Explanation:
Variable costs are incurred only when a boat is manufactured such as material and direct labor. Thus variable costs will remain unchanged since it will costs the exact same amount to manufacture another identical boat. If it costs $4,000 in material and direct labor to manufacture boat A it will cost $4,000 to manufacture boat B. Fixed costs are sunk costs that will be incurred whether they manufacture 800 or 1,000 boats per year. The rent and admin costs will remain unchanged no matter how many boats are manufactured. But the fixed cost per boat will change. The total fixed costs are $80,000 (800 boats x $1,000 per boat fixed cost). If the manufacturing rate is increased to 1,000 boats per year, the per boat fixed cost will decrease to $800. Fixed costs remain at $80,000/1,000 boats = $800.
The land ordinance of 1785 was the law that organized a way to divide and sell the land in the northwest territory. This law was the Ordinance of 1784 which was the resolution written by Thomas Jefferson who aims at the congress in order to call for an action. The law wants to fathom the mode of locating and disposing the lands in western territories in order to be used in other purposes.
Answer:
Increase in income= $550,000
Explanation:
Giving the following information:
Variable costs per unit:
Manufacturing $60
If a special pricing order is accepted for 5,500 sails at a sales price of $ 160 per unit
Because there is no change in the fixed costs and there are no variable selling and administrative costs, the effect on income will be equal to the change in total contribution margin.
Total contribution margin= number of units* (selling price - unitary variable cost
Total contribution margin change= 5,500* (160 - 60)= $550,000
Increase in income= $550,000
Answer:
Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. Services are actions such as haircuts, medical check-ups, mail delivery, car repair, and teaching.
Explanation:your welcome
Answer:
C. An auction market
Explanation:
Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.
Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.
Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.
<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.
