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KIM [24]
4 years ago
12

A clothing manufacturer makes both shirts and shorts. The sales price for shirts is $24 with variable costs of $10 and shorts ha

ve a price of $32 and variable costs of $17. Which of the following is a true statement for this clothing manufacturer in the short term? 1. They would prefer to make shorts instead of shirts. 2. They would prefer to make skirts instead of shorts. 3. They would not have a preference for either product. 4. If both products used the same machine for different lengths of time, it would make no difference.
Business
1 answer:
Gnoma [55]4 years ago
6 0

Answer:

1)They would prefer to make shorts as contribution margin per unit is higher for shorts

Explanation:

Step 1. Given information.

  • Sales price shirts is $24
  • Variable costs shirts is $10
  • Sales price shorts $32
  • Variable costs shorts $17

Step 2. Formulas needed to solve the exercise

Contribution margin = sales price - variable cost

Step 3. Calculation.

Contribution margin shirts  = 24 - 10 = 14

Contribution margin shorts = 32 - 17 = 15

Step 4. Solution.

<h2>Contribution margin shorts > Contribution margin shirts</h2>

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The key components of a tradeable pollution permit system include a. a deposit that covers the MEC of improper waste disposal b.
sleet_krkn [62]

Answer:

e. (b) and (c) only

Explanation:

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.

Free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.

Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.

The key components of a tradeable pollution permit system include;

I. The issuance of a fixed number of permits to new and existing business firms that emit pollutants.

II. A means through which permits can be exchanged among polluters such as new business firms being able to pay existing firms to reduce their emissions below a specific standard.

7 0
3 years ago
The government establishes an effective price ceiling for a gallon of milk. What will be the result of this ceiling? a) It will
dusya [7]

Answer:

D

Explanation:

Because price ceiling is put by the government so that certain commodities could still be available at a reasonable price for many

5 0
3 years ago
Which transfer of ownership would not be excluded from property tax reappraisal?
olga2289 [7]

Transfers between unrelated buyers and sellers is the  transfer of ownership would not be excluded from property tax reappraisal.

  1. State law requires one at least every eight years
  2. (Randolph County’s last reappraisal was effective 1-1-2014)
  3. Assure all properties reflect current market value
  4. To create equity between the four types of assessed property:
  • Real estate
  • Personal property (Individual and Business)
  • Registered motor vehicles
  • Public service companies

Reappraisal is an in-depth process of assigning new values to all the real property in the county at its current market value. If no changes are made to the property in-between reappraisal years, the value will not change.

Guilford County appraisers review and analyze information including comparable sales in your neighborhood. Reappraisals are not only mandated by North Carolina General Statues, but are necessary to maintain equitable and uniform property values. Reappraisal tools include county maps, aerial photography, street level images, sales analysis, field visits, and other methods to gather data used in determining market value.  Guilford County conducts reappraisals entirely in-house by appraisers familiar with the local market.

Learn more about  tax reappraisal here

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5 0
2 years ago
​"Relevant costs for pricing decisions are full costs of the​ product." Do you​ agree? Explain. A. ​Yes, full costs of the produ
dedylja [7]

Answer:

c

Explanation:

depend on the scenario.. all costs that are directly related to that decision all relevant cost.

7 0
4 years ago
Tiscara Company manufactures insulation and applies manufacturing overhead costs to production at a budgeted indirect-cost rate
likoan [24]

Answer:

$52,500

Explanation:

Manufacturing overhead are allocated at a rate of $15 per direct labor-hour.

Allocated manufacturing overhead:

= Number of direct labor hours × Manufacturing overhead rate per direct labor hour

= 3,500 hours × $15

= $52,500

Therefore, the actual amount of manufacturing overhead costs incurred in June 2015 totals $52,500.

3 0
3 years ago
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