Resources include: Personnel, Supplies, Equipment, and ______________

I have a question I dont know I was just wondering

Elis [28]

Yeah for sure i guess ...

8 0

2 years ago

The owner of an Italian restaurant has just been notified by her landlord that the monthly lease on the building in which the re

almond37 [142]

Answer:

b. No - the increase in lease expense is a fixed cost.

Explanation:

If the owner of Italian restaurant increases the prices of its product it will result in low customers as the restaurant is already at the competitive price among its other competitors. If the restaurant raises prices the customers will move to the competitors which are offering same quality product at reduced price. The rent is increased by 20% which is considered as a fixed cost because it does not affect the per unit production and is not associated with the numbers of customers.

6 0

3 years ago

On a shopping trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa

ra1l [238]

Answer:

Consumer surplus is $15.99.

Explanation:

Melanie decided to buy a coat priced $79.95.

When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.

This means that her consumer surplus is at least $15.99.

The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.

Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.

6 0

3 years ago

A production department in a process manufacturing system completed its work on 84,000 units of product and transferred them to

daser333 [38]

Answer:

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

The equivalent units under each of the three assumptions are

Materials Conversion 67,800 67,800

Materials Conversion56730 56730

Materials Conversion 69060 69060

Explanation:

Assumption 1 : all materials are added at the beginning of the process and conversion is 100% complete

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 100 100 25,200 25,200

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 16,200 16,200

Equivalent Units 67,800 67,800

Assumption 2:

Beginning Inventory is 40% complete as to materials and conversions and ending inventory is complete 75 %as to materials and conversions.

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 40 40 10,080 10,080

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 75 75 12150 12150

Equivalent Units 56730 56730

Assumption 3:

Beginning Inventory is 60% complete as to materials and conversions and ending inventory is complete 30 %as to materials and conversions.

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 60 60 15,120 15,120

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 30 30 4860 4860

Equivalent Units 69060 69060

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

3 0

3 years ago

The money supply grew at a rate of 5% from 2015 to 2016. Since pen output did not change from 2015 to 2016 and the velocity of m

kvasek [131]

Answer:

True

Explanation:

If the total output of the economy does not change and the change in the money supply directly affected the changes in the price level, then the increase in the money supply will simply increase the inflation rate. For example, if the economy produced 100 units at $1 per unit, and the total money supply increases by 5%, the price of the units will increase to $1.05, but the total output will still be 100 units. The only thing that changed was a decrease in the relative value of the currency due to an increase in the inflation rate.

3 0

3 years ago

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Resources include: Personnel, Supplies, Equipment, and _______________. Select the missing item from below: