Answer:
the market quantity supplied is less than 250 scoops when the price is $2 per scoop
Explanation:
When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245
At the price $2, the total quantity supplied is less than 245
Answer:
There will be an increase of $6,200 , If the special order is accepted
Explanation:
For computing the net income effect first we have to find out the net income per scale which is a difference between offer purchase price and variable cost per unit
In mathematically,
Net income = Offer purchase price - variable cost per unit
where,
Offer purchase price is $35
And, the variable cost is $12 per unit plus it incur special shipping charges which is also a part of the variable cost.
So, total variable cost = variable cost per unit + Special shipping charges per scale
= $12 + $1
= $13
So, Net income is
= $15 - $13
= $2 per unit
Now for producing the 3100 scales, the net income should be multiply with the production unit
= Net income × Production unit
= 3,100 × 2
= $6,200
Fixed cost is fixed whether the production level changes or not. Thus, it is not be considered.
Hence, there will be an increase of $6,200 , If the special order is accepted
If this question has the same set of choices like the other ones posted here, then the answer would be letter C. 529 plan- money you save.
Answer:
0.97
Explanation:
The computation of the acid-test ratio is given below:
= Quick assets ÷ current liabilities
= (cash + short term investment + account receivable + supplies) ÷ (accounts payable + wages payable)
= ($58,110 + $14,000 + $58,000 + $5,600) ÷ ($108,000 + $31,900)
= $135,710 ÷ $139,900
= 0.97
Answer:
Although credit cannot be granted at this time, we welcome your cash business and encourage you to reapply in the future.
Explanation:
In business communication when conveying a message that is not pleasant to the other party, it is advisable to demphasise the bad news and focus on the good news in your statement.
This will create a more positive environment that promotes future business.
In the first statement the client was just told - We cannot grant your credit at this time.
This emphasises the bad news.
In the second statement the client was told - Although credit cannot be granted at this time.
Using the word although demphasises the credit rejection and focuses more on the client's cash business and the possibility of reapplying in the future.
