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ratelena [41]
4 years ago
11

Rios Corporation reports costs for the year as​ follows: Direct Materials Used $ 795 comma 000 Wages to Line Workers 270 comma 0

00 Office Rent 43 comma 500 Indirect Materials Used 425 comma 000 How much is the total product costs for the​ year?
Business
1 answer:
Pavlova-9 [17]4 years ago
5 0

Answer:

$1,490,000

Explanation:

Given that,

Direct Material used = $795,000

Wages to Line workers = $270,000

Indirect Materials used  = $425,000

Total product cost for the year:

Direct Material used + Wages to Line workers + Indirect Materials used

= $795,000 + $270,000 + $425,000

= $1,490,000

Therefore, the total product costs for the​ year is $1,490,000.

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Which of the following describes the results of an increase in supply on price and quintity in the market?
Furkat [3]

Answer:

This question is incomplete. However, I found the full question with choices from the web ;

Which of the following describes the results of an increase in supply on price and quantity in the market?

a.) Both price and quantity increase

b.) Both price and quantity decrease

c.) Price increases and quantity decreases

d.) Price decreases and quantity increases

e.) Insufficient information

Explanation:

If the supply of a product or service  increases in the market, it means that there will be an increase in the quantity of that product/service. Due to the interplay of  the law of demand and supply, competition among suppliers will increase, driving the price down. Therefore, there will be a  fall the equilibrium price and increase in quantity , making choice D correct.

7 0
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Precision Aviation had a profit margin of 7.00%, a total assets turnover of 1.4, and an equity multiplier of 1.8. What was the f
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Answer:

17.64%

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Precision aviation has a profit margin of 7%

The total assets turnover is 1.4

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= 1.4 × 1.8 × 7

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