Answer:
the final cost will be addition of all numbers given
15000+800+200+350+700+500+150+600 =
18300$ of total cost of Andrea's automobiles
Answer:
0.47
Explanation:
Debt service coverage ratio = Net Operating Income ÷ Total Debt Service
where,
Net Operating Income = Revenue - Certain Operating Expenses
Total Debt Service = Current Debt Obligations
therefore,
debt service coverage ratio = $32,000 ÷ $68,000 = 0.47
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The standards for the railroad cars are as follows: Standard tons of direct material (steel) per car 22 Standard cost per ton of steel $16.00 During March, the company produced 1,500 cars. Related production data for the month follows: Actual materials purchased and used (tons) 7,000 Actual direct materials total cost $118,000
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (33,000 - 7,000)*16= $416,000 unfavorable
Answer:
The correct answer is letter "A": The desire to disperse production activities to optimal locations.
Explanation:
<em>Land and society</em> are factors influencing where a business should take its production. Thanks to the worldwide economy, it is not necessary for firms to specialize in what their country can provide since they can manage their manufacturing process in the country where they think the business could provide them more revenues. This scenario, in most cases, implies low labor costs and fewer regulations for the company to operate.
Answer:
Explanation:
A monopolist is out for to profit-maximize price and in doing he will never set a price at which the (linear) demand curve is inelastic.
Consequently, the revenue would increase and the total costs would decrease at a lower quantity.
Hence, a monopoly firm would have higher revenue and lower costs, so that the profit will be higher.
So, the firm should keep on raising its price until profits are maximized. This happens on an elastic portion of the demand curve.
On the demand curve ,
When Marginal Revenue = Marginal Cost Profit is maximized at the output level where .
Marginal Cost is positive (MC>0), the profit-maximizing output proofs to be associated with the elastic portion of the demand curve.
Exploring the relationship between Total Revenue and Price.
As Price increases, Total Revenue increases WHEN demand is inelastic.
If Price decreases, Total Revenue increases, WHEN demand is elastic
Total Revenue is maximized when demand is unit-elastic.
