Answer:
C) the market price falls below $170 per unit.
Explanation:
If this firm is a price taker, it means that it is operating in a perfect competition market. In such markets, since the entry and exit barriers are very low or nonexistent, if the equilibrium price falls below the variable cost, the firms should halt production in the short run until the equilibrium price rises again. The firm should resume production only after the equilibrium price exceeds the variable costs.
This situation is only applicable on the short run. On the long run the firm should only produce if the equilibrium price is greater or equal to its marginal cost.
Two of the laws that Tumi manufacturers comply with are
- Labor laws
- Environmental laws.
<h3>What is corporate social responsibility</h3>
This is the responsibility of an organization to the the area where they operate.
The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.
Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.
Read more on corporate social responsibility here: brainly.com/question/1373962
Answer:
B. Retained Earnings
D. Accumulated Depreciation
F. Wages Payable
H. Interest Payable
Explanation:
Retained earnings will be reported in the Equity section of the balance sheet.
Accumulated depreciation will be reported in the Fixed assets section of the balance sheet and will be used to calculate Net Book Value.
Wages and Interest payable are both current liabilities to reflect that the company owes wages and interest payments.
Answer:
It calculates the total number of subassemblies, components, and raw materials needed for each parent item.
Explanation: A maximum retail price (MRP) is a manufacturer calculated price that is the highest price that can be charged for a product sold in India and Bangladesh. However, retailers may choose to sell products for less than the MRP.
It is called Process Explosion to refer to Routings (Bill of Operation), take the manufacturing order to processes, and then issue an operation order by the process. By performing the Process Explosion, the necessary processes to produce an item, the order for performing them, the labor hours in each process, and etc.
